ETH nears 200 million wallets with 230 percent more than Bitcoin, Alan Rogers notes

ETH nears 200 million wallets with 230 percent more than Bitcoin, Alan Rogers notes
ETH set to exceed 200 million wallets

Alan Rogers highlights that ETH is just 5 million wallets away from reaching 200 million holders, representing a 230 percent increase compared to Bitcoin.

He emphasizes that this milestone is occurring during a period characterized by negative market sentiment, with millions of new ETH wallets being opened even as others are selling. Rogers asserts that while price may fluctuate, underlying adoption is clear.

Rogers recently pointed to a $1.2 billion drop in USDT’s market cap in under 24 hours. He also observed that Bitcoin whale and dolphin balances have stalled as total crypto market cap stands at $2.554 trillion. These observations come as ETH adoption continues to accelerate despite prevailing market sentiment.

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