Based on unique addresses, nodes, and job listings, Ethereum shows signs of continued growth and usage throughout 2018 and 2019. If or how this will translate into price is not yet apparent.
The next wave of bullish price action may well be driven by the numerous dApps making their way to market. Ethereum (ETH) has had a volatile start to July, dropping 15% over the past three days.
The market cap now stands at US$44.37 billion, with exchange-traded volume of US$1.85 billion in the past 24 hours. Unique ETH addresses continue to grow at a rapid rate. While addresses can never be deleted, this metric does indicate growing use and need for the blockchain, many of these addresses have been created post-ICO mania.
Reflecting this growth, ETH-related job postings on LinkedIn currently exceed 1,000. With 16,888 nodes, most of which reside in the U.S. and China, ETH has the largest network of any cryptocurrency.
The storage space for a fully fledged ETH node, including all Parity operation modes with various chain data, now requires more than 600GB. However, nodes can be run in various flavors, and the smallest can be run on a free Amazon Web Service account with a 30GB drive. Read more from bravenewcoin.com…
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