Santiment data shows Ethereum has over three times the number of holders compared to Bitcoin, with 182.7 million non-empty wallets for ETH and 58.5 million for BTC. Ethereum’s broader adoption is attributed to its use in DeFi, NFTs, stablecoins, and on-chain applications. Traders are monitoring ETH’s price near $2,000 as a potential launchpad for a new rally.

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