Dogecoin’s active addresses surged by 34%, reflecting increased blockchain engagement and potential institutional interest in the meme coin.
Major financial institutions and credit unions are integrating DOGE, expanding its accessibility and mainstream adoption.
Grayscale Investments and Bitwise Asset Management are pushing Dogecoin into mainstream investing with the creation of investment products and exchange-traded fund for DOGE.
The growth of DOGE's active addresses and support from financial institutions indicate a promising future for the cryptocurrency, despite recent price decline.