Hamidkakar

The latest holder data from Santiment shows that crypto adoption is still increasing, even as prices are without a clear bullish trend across the market. Bitcoin is approaching a major wallet milestone, XRP has continued to grow its user base, and Ethereum is dominating the field by a wide margin.
Numbers Reveal A Surge In Adoption
New figures from on-chain analytics platform Santiment show that cryptocurrencies are witnessing intense adoption across the board. This data is particularly gotten from the holder count from Santiment, which looks at the number of addresses with non-empty balances. Of the bunch, Bitcoin, XRP, and Ethereum are posting numbers that are noteworthy.
Bitcoin’s holder count is now one of the clearest signs of adoption across the crypto industry. Santiment’s latest data shows Bitcoin is currently at about 59.08 million non-empty wallets, bringing the network close to the 60 million mark. This means Bitcoin has built one of the largest ownership bases in crypto despite several months of difficult price action and correction from its 2025 price peak.
The timing of Bitcoin’s wallet growth is important because it is coming at the same time institutional demand is starting to improve again. Data from SoSoValue shows that Spot Bitcoin ETF flows witnessed positive flows in March and April, after four straight months of net outflows from late November 2025 through February 2026 that totaled about $4 billion.
Santiment’s data places XRP’s non-empty wallet count at 7.8 million. That figure, when viewed in isolation, is somewhat modest against Bitcoin’s tally. However, when viewed in context, it reflects a network that has increased in adoption with unusual consistency over the past 18 months since it started trading in the US again. This growth is also notable because XRP has not had the kind of price performance that would usually be expected to accompany a rising holder base.
A Broader Market In Expansion
The Santiment snapshot is not limited to only Bitcoin and XRP, and it places the cryptocurrencies in context compared to the rest of the market. According to Santiment, Ethereum is nearing 190 million non-empty wallets for the first time in its history, putting it far ahead of every other large-cap crypto asset tracked in the dataset. Ethereum’s 189.5 million non-empty wallets is itself a headline number, one that places it at 3.2 times Bitcoin’s holder count.
XRP’s 7.8 million non-empty wallets place it below Dogecoin’s 8.25 million and Tether’s 13.61 million on Ethereum, but above USDC’s 6.76 million, Cardano’s 4.63 million, and Chainlink’s 870,720 non-empty wallets.
These holder numbers show how far crypto adoption has grown. Research estimates that about 559 million people now own cryptocurrency in 2026, representing a 9.9% global adoption rate, with further growth expected when clearer regulations take shape in the US and other major jurisdictions.

Ethereum and Solana are once again under close watch as fresh data reveals how both networks are performing, with recent fee metrics and on-chain activity offering a clearer picture of where momentum currently sits.
Ethereum Vs. Solana: Fee Dominance And Growing Activity
Recent figures directly address how both networks compare, showing Ethereum building a clear lead in economic activity. Data shared on April 24, 2026, by @ETH_Daily revealed that Ethereum had been generating more total fees than Solana for over a week. In the most recent 24-hour snapshot, Ethereum recorded approximately $2.7 million in fees, while Solana produced about $70,000. This 40 times gap highlights a sustained difference rather than a short-term fluctuation.
The fee chart tied to this update provides further clarity. Ethereum’s fee levels, which had been moving within moderate ranges earlier in the period, surged sharply toward nearly $2.75 million. In contrast, Solana’s fees fluctuated within a tighter band before declining significantly, eventually approaching minimal levels.
Beyond fees, on-chain data adds another layer to the comparison. On April 27, 2026, @CryptoQuant reported that Ethereum’s active addresses had climbed to record highs even as its price moved lower. The dataset, attributed to CryptoOnchain, shows activity nearing 600,000 addresses while price levels remain below previous peaks near $4,000 and closer to around $2,300. This divergence between rising participation and softer price action suggests that Ethereum’s usage is expanding independently of market valuation.
The combination of strong fee generation and increasing address activity points to growing demand, particularly in areas involving higher-value transactions and decentralized finance. The fact that users continue to transact despite higher costs indicates that Ethereum is capturing a larger share of meaningful economic activity.
Ethereum Vs. Solana: Usage Patterns And Market Signals
Looking at the same period, Solana’s performance reflects a different activity structure. The network’s lower fee output suggests that transaction values are comparatively smaller or that overall high-value usage has declined. This does not diminish its role in the market, but it does highlight a gap when measured by revenue generated from network use.
The contrast becomes more defined when aligning both fee data and on-chain signals. Ethereum’s sustained lead in fees over more than a week indicates consistent demand for its block space, while Solana’s lower figures point to a network where activity is either less monetized or concentrated in lower-cost transactions. This difference is significant because fees are often viewed as a direct reflection of how much value users are moving across a blockchain.
At the same time, the divergence identified by CryptoQuant reinforces Ethereum’s position, with rising active addresses during a period of price weakness signaling sustained engagement. No comparable signal appears for Solana in the same dataset, leaving Ethereum with clearer indicators of growing usage. Overall, the data shows Ethereum with stronger underlying activity and higher economic throughput, while Solana reflects more moderately monetized usage during this period.

Reflecting on some of his biggest trades, macro investor and hedge fund manager Paul Tudor Jones referred to bitcoin (BTC) as one of the "knockout opportunities," calling it "unequivocally, the best inflation hedge that there is."
Speaking with Patrick O'Shaughnessy on the Invest Like the Best podcast on Tuesday, the founder and chief investment officer of Tudor Investment Corp. said big moves typically occur when markets become stretched, imbalances persist, or policymakers make mistakes.
"So you're looking for something that's underowned, undervalued, way out of whack, people have gotten complacent on it, and you're looking for that catalytic moment," he said.
Jones first made the case for owning bitcoin as a hedge against central bank money printing in 2020, confirming he had between 1% and 2% of his assets in bitcoin at the time. A year later, he said that he liked bitcoin as a portfolio diversifier and wanted to allocate 5% of his assets into the cryptocurrency.
In 2020, following substantial fiscal intervention by both the Federal Reserve and the U.S. Treasury, "you just knew that the inflation trades were going to take off," Jones said in the Tuesday interview. "And what was, of all of them, what was the best one at that point in time? It was bitcoin."
Jones argued that bitcoin remains a better inflation hedge than gold due to its fixed supply, capped at 21 million BTC, with less than 1 million BTC left that can be mined.
"Gold increases supply every year by a couple of percent. Bitcoin, there's a finite amount that can be mined. It's decentralized. And so in that sense, it has the greatest scarcity value of anything," he said.
Risks remain
However, Jones said bitcoin's weakness as an inflation hedge would emerge in a "kinetic" conflict involving cyber warfare, where "anything that you have to deal with electronically is going down, including Bitcoin."
Jones also flagged quantum computing as a longer-term risk.
"Who knows if and when, with AI advancing as fast as it is, we may actually have quantum computing, where someone can come in and can hack any bank and hack anything they want to," he said.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Major cryptocurrencies trade higher after yesterday's pullback sent bitcoin below the $76k mark. It appears that the move is done, at least until the Federal Reserve puts out its statement on interest rates and the U.S. economy. Markets are practically certain that the Fed will not move interest rates, so investors are watching for how the Fed describes the economy in the midst of an ongoing war, says Bitfinex in a note. The firm adds that the implied volatility of bitcoin options are at their lowest level in three months — with investors keen to see what a Kevin Warsh-led Fed does in the coming months. Bitcoin rises 1% to $77,210 this morning.

Impulse-Base-Impulse Zone Detection with Grading, Fresh Marker, and Nearest-Level Dashboard

The Supply & Demand Zones PRO detects accumulation and distribution areas
using the impulse-base-impulse pattern. A strong directional move, followed by
a tight consolidation base, followed by another strong move marks where
concentrated activity occurred. Each zone receives a strength grade (I/II/III)
based on the exit impulse size, and untested zones are marked with a star
symbol for quick identification of fresh levels.

▸ HOW TO USE

Step 1 → Add the indicator. Blue demand zones and red supply zones
appear at detected base areas with I/II/III grades.
Step 2 → Grade III zones with a star marker are the strongest untested
zones — they represent the largest exit impulses.
Step 3 → Monitor zone retests. Each retest darkens the zone fill and
the star disappears.
Step 4 → Check the dashboard for nearest demand below and supply
above with grade, distance, and fresh status.

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▸ HOW IT CALCULATES

◆ ATR Reference Baseline
All detection thresholds are normalized against a smoothed ATR reference:

atr_ref = max(EMA(ATR(14), 20), 0.0001)

This makes the indicator adapt to the current volatility regime.

◆ Impulse Detection
An impulse candle is identified when the body size exceeds a configurable
multiple of the ATR reference:

impulse = abs(close - open) > atr_ref × impulse_factor

Default impulse factor is 0.6. Bullish impulse requires close > open;
bearish impulse requires close < open.

◆ Base Consolidation
After an impulse, the indicator collects consecutive small candles where
the body is less than atr_ref × base_factor (default 0.5). The base must
contain at least 1 candle and no more than 8. The highest and lowest
values across all base candles define the zone boundaries. Zones taller
than Max Zone Height × ATR are rejected.

◆ Zone Creation and Grading
A zone is created when a second impulse arrives after a valid base. The
exit impulse size determines the grade:

Grade III: exit body >= 1.5 × ATR (strongest)
Grade II: exit body >= 1.0 × ATR
Grade I: exit body < 1.0 × ATR (weakest)

◆ Overlap Merging
When a new zone overlaps an existing zone of the same type within
0.3 × ATR gap, they merge. The merged zone takes the wider boundaries
provided the total height stays below Max Zone Height × ATR. The better
grade is preserved.

◆ Test Tracking and Break Detection
Each time price enters a zone without closing beyond it, a test is
recorded (up to 4). Zones darken with each test. A zone breaks when
price closes below the bottom (demand) or above the top (supply).
Broken zones display as dashed outlines.

◆ Per-Side Zone Limit
The indicator keeps only the nearest N demand zones below price and
nearest N supply zones above (default 5 per side). Furthest zones are
removed automatically, keeping the chart focused on relevant levels.

◆ Cross-Type Overlap Filter
A new zone is not created if it overlaps with an existing zone of the
opposite type. This prevents demand and supply zones from stacking on
top of each other at the same price level.

◆ Proximity Filter
Zones further than a configurable percentage from current price are
automatically removed (default 75%).

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▸ WHAT MAKES IT DIFFERENT

Unlike standard supply and demand indicators that define zones as any
consolidation before a strong move, this implementation requires the complete
impulse-base-impulse sequence with both a qualifying entry impulse, an
ATR-normalized base period, and a measured exit impulse for grading.

◆ Zone Grading (I / II / III)
Each zone receives a strength grade based on the exit impulse candle size
relative to ATR. Grade III zones have the densest fill and strongest visual
presence. Grade I zones are lighter. The grade appears in the zone label
alongside the zone type.

◆ Fresh Zone Marker
Untested zones display a star symbol in the label and dashboard. After
the first retest, the star disappears.

◆ Nearest-Level Dashboard
The dashboard shows the nearest demand level below current price and nearest
supply level above, with grade, fresh status, and percentage distance.
When price is inside a zone, it displays the zone type and grade.

◆ Max Zone Height Filter
Zones exceeding a configurable ATR multiple are automatically rejected.
This prevents oversized zones on volatile instruments from cluttering
the chart.

◆ Automatic Zone Merging
Overlapping zones of the same type merge into a single wider zone, keeping
the better grade. The merge height is also capped by the Max Zone Height
setting to prevent runaway expansion.

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▸ DASHBOARD

Real-time panel (configurable position) showing:

Demand - nearest demand level below price with grade, fresh marker, and distance
Supply - nearest supply level above price with grade, fresh marker, and distance
Price - current position: In Demand I/II/III, In Supply I/II/III, or Neutral

Legend table (bottom left) explains chart elements. Toggle in Dashboard settings.

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▸ SETTINGS

Detection

Impulse Strength - 0.6x ATR (minimum body size for impulse candles)
Base Max Size - 0.5x ATR (maximum body size for base candles)
Min Base Candles - 1 (minimum consolidation length)
Max Base Candles - 8 (maximum before pattern invalidated)
Max Zone Height - 2.0x ATR (zones taller than this are rejected)

Zone Settings

Zone from Candle Bodies - ON (use open/close instead of high/low)
Max Zones per Side - 5 (nearest demand below + nearest supply above)
Zone Extension - 150 bars (how far zones extend right)
Show Broken Zones - ON (display broken zones as dashed outlines)
Max Broken Zones - 5 (oldest broken zones removed first)
Show Labels - ON (type, grade, and fresh marker inside zones)
Proximity Filter - 75% (zones further than this % from price are removed)

Visualization

Demand / Supply / Signal Color - customizable chart colors

Dashboard

Show Dashboard - ON
Dashboard Position - Top Right (configurable corner)
Show Legend - ON

Alert Settings

Allow Repainting - OFF (zones on bar close only)
JSON Alerts - OFF (bot-compatible webhook format)

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▸ ALERTS

4 alert conditions available. By default, all alerts fire on confirmed
bars only (non-repainting).

New Demand Zone - demand zone detected at base area
New Supply Zone - supply zone detected at base area
Zone Broken - zone fully broken by price close
Zone Test - price touched active zone without breaking

Enable JSON Alerts in settings for bot-compatible webhook format.

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This indicator is published as invite-only. The protected source contains
the impulse-base-impulse state machine, the zone grading algorithm, the
overlap merging engine, and the proximity filter. These components represent
original methodology. The description above provides full transparency on
what the indicator calculates and how.

For access, send a direct message.

Best regards,
Hamidhere

Disclaimer
Trading involves significant risk. This indicator is a technical analysis tool
and does not constitute financial advice, investment recommendations, or a
guarantee of future results. Past indicator behavior does not guarantee future
performance. Always use proper risk management and your own judgment.

Key points:
On-chain data showed a newly created wallet opened a leveraged long position on ApeCoin shortly before the rally.The trader’s position was estimated to be up more than $700,000 during the price spike.Retail sentiment on Stocktwits around the APE token flipped to bullish’ from ‘extremely bullish’ over teh past day, while chatter rose to ‘extremely high’ from ‘high’ levels. 
An investor in ApeCoin (APE) made more than $700 million on Friday after the token jumped more than 80% over the span of a day to a three-month high.
Blockchain data from HypurrScan, flagged by LookOnChain, showed that a newly created wallet deployed capital shortly before the rally. The wallet sold 75 Ethereum (ETH) for around $174,000 on Hyperliquid and opened a 5x leveraged long position on roughly 9.19 million APE tokens, valued at about $1.03 million. The position was in a profit of over $713,000 as prices climbed.
APE’s price surged nearly 70% to around $0.17, recovering after hitting a record low of $0.08 last week. The token was among the top trending tickers on Stocktwits at the time of writing. Retail sentiment around the meme coin on the platform flipped to ‘bullish’ from ‘extremely bearish’ over the past day and chatter jumped to ‘extremely high’ from ‘high’ levels.
Why Is ApeCoin Rallying On Friday?
Chatter on X indicated that some of the momentum behind ApeCoin comes after Michael Figge was officially named CEO of Yuga Labs earlier this month, replacing Greg Solano, according to retail chatter on X. While Figge has not outlined detailed policy changes, he has signaled a shift in focus toward expanding the Otherside metaverse platform and rebuilding engagement around NFTs.

Meanwhile, retail traders on Stocktwits largely celebrated the pop in ApeCoin’s price, but some expressed caution that the rally may be followed by a hard drop.
ApeCoin’s price has gained nearly 85% over the past month, but remains down by 68% over the past 12 months.
The surge on Friday came despite broader weakness in the cryptocurrency market. Bitcoin (BTC) was trading flat over the last 24 hours at around $77,600. Retail sentiment around the apex cryptocurrency on Stocktwits trended in ‘bullish’ territory over the past day, while chatter dipped to ‘normal’ from ‘high’ levels.
$BTC $APE