Definition ∞ Active wallet growth indicates an increase in cryptocurrency wallets performing transactions or holding assets over a period. This metric offers insight into the expanding user base and utility of a blockchain network or digital asset. Sustained growth frequently signals increasing adoption and network vitality, suggesting a healthy and developing ecosystem. It represents a fundamental indicator of network participation and overall system activity.
Context ∞ Discussions surrounding active wallet growth often center on evaluating a project’s real-world usage versus speculative interest. Analysts monitor these trends to assess network health and investor sentiment, particularly when comparing different protocols. A consistent rise suggests positive market acceptance and potential for future expansion.
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