Addresses with balance ≥ X (USD)

What is "Addresses with balance ≥ X (USD)"?

Addresses with balance ≥ X (USD) tracks the total count of unique addresses holding at least X US dollars worth of cryptocurrency at current market prices. The default value is X = $100, but users can select from multiple thresholds, including $1, $10, $100, $1K, $10K, $100K, $1M, and $10M to analyze different economic holder segments.

Why is "Addresses with balance ≥ X (USD)" important?

This metric enables blockchain adoption comparisons regardless of unit prices. At the default $100 threshold, it counts economically active participants, filtering out dust wallets. Lower thresholds ($1-$10) include nearly all holders, revealing the total user base and grassroots adoption. Mid-range thresholds ($1K-$100K) show addresses with notable balances. High thresholds ($1M+) show only the largest addresses. Growing address counts signal increasing confidence; declining counts may indicate capitulation or consolidation. This metric considers only native units, excluding Layer 2 tokens.

How is "Addresses with balance ≥ X (USD)" calculated?

Addresses with balance ≥ X (USD) is calculated by counting unique addresses where (balance × current USD price) ≥ X. Users can adjust the X parameter in the indicator settings to analyze different economic holder tiers.