With 25 000 new bitcoin addresses created today and new money keep flowing into bitcoin market it's clear that bullish trend is very strong, but do you think creation of new addresses is a valid metric ? Creation of a new address doesn't automatically means that the user is new, I have many bitcoin addresses.
You could have added a source for this:
https://decrypt.co/48642/nearly-25000-bitcoin-address-were-created-in-just-one-hourAnd no it doesn't mean for sure anything other than people moving funds to new addresses never used before, it could be created by a single old user or exactly 25 000 newbies, but yeah, usually it would point to increase activity which
could point to new users.
Looking at the mempool I see a spike in 1sat/b transactions of about 4MB, I wonder if some moron is spamming he network again