What's the Difference Between Active Crypto Addresses?

Addresses are key pillars of the crypto market, unique identifiers for wallets where coins can be sent. Just like mailing addresses or phone numbers

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Active, new, and dormant are the main states of crypto wallets

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Active addresses have a transaction history, indicating recent engagement in transactions. On the other hand, new addresses are linked to recently created wallets

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The number of active addresses in a blockchain indicates how active users are in that network. Verified transactions are essential for designating an address as active

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Key differences between active and new addresses: Active can expire, new cannot. A user can have multiple new addresses, but only one active address

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Active addresses may or may not contain cryptocurrencies, while new addresses never do

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