Adoption Inscriptions vs Addresses Inscriptions vs Addresses

Bitcoin

This measures how much of active-address counts is driven by non-monetary (inscription/ordinal) transactions.

Why it matters

It separates genuine monetary demand from inscription-driven address activity.

How it is built

Active addresses attributable to non-monetary activity are isolated as a share of the total.

What to watch

A high non-monetary share means headline address counts overstate true monetary demand.

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