Bitcoin Address Growth

Definition ∞ Bitcoin Address Growth measures the rate at which new, non-zero balance Bitcoin addresses are created and become active on the network. This metric serves as a direct indicator of expanding network usage and increasing participant engagement. It reflects the onboarding of new users and the dispersion of Bitcoin ownership.
Context ∞ Consistent Bitcoin address growth frequently correlates with increasing network adoption and sustained investor interest, often viewed as a positive fundamental signal for the asset’s long-term viability. A slowdown or reduction in this growth could suggest a plateau in new user acquisition or diminished market enthusiasm, warranting closer analysis of broader market conditions.