Dogecoin active addresses rise 35% as daily transactions top 1.2 million

  • Dogecoin recorded a 35% increase in active addresses this week.
  • 1.2 million-plus daily transactions were reported for the Dogecoin network.
  • BitInfoCharts supplied the figures from public blockchain network tracking.

Dogecoin network activity increased this week, with active addresses up 35% and daily transactions exceeding 1.2 million, according to BitInfoCharts, which tracks public blockchain data. Active addresses measure wallets involved in transactions during a period, while transaction counts capture activity processed through the network. Both metrics can include multiple wallets controlled by one person, exchange movements and automated transfers, so they do not directly equal new users. The increase offers evidence of broader network use beyond Dogecoin's meme and celebrity-driven attention, but it does not guarantee a price move. DOGE remains a sentiment-driven asset whose price often follows broader risk appetite and social interest. Traders are watching whether the activity persists and aligns with trading volume and price movement in the coming days.

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