Extraditions of executives from market makers Vortex, Contrarian, Gotbit and 
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On-chain data shows the number of active addresses on the Dogecoin network has 
shot up recently. Here&#8217;s what this could mean for the memecoin. Dogecoin 
Active Addresses Have Risen To 73,000 As highlighted by analyst Ali Martinez 
in a new post on X, Dogecoin has seen a surge in Active Addresses recently. 
This on-chain indicator keeps track of the total amount of addresses that are 
coming online on the blockchain every day. An address is said to be online 
when it participates in some kind of transaction activity, whether as a sender 
or receiver. Thus, the Active Addresses metric measures the daily number of 
DOGE wallets taking part in transfers. When the value of this indicator rises, 
it means more investors are using the network every day. Such a trend suggests 
users are being attracted to the cryptocurrency. Related Reading: Recent 
Bitcoin Rally Saw Retail Shift To Selling, Glassnode Reveals On the other 
hand, the indicator going down can imply traders are losing interest in the 
blockchain as fewer of them are participating in network transaction activity. 
Now, here is the chart shared by Martinez that shows the trend in the Dogecoin 
Active Addresses over the last few days: As displayed in the above graph, the 
Active Addresses indicator has witnessed a surge for Dogecoin over the past 
week. More specifically, the metric has gone from 57,000 to 73,000 inside this 
window, representing a notable increase of 28%. Related Reading: Dogecoin 
Still Trapped In Triangle—29% Move Brewing? Generally, higher user 
participation can make the cryptocurrency&#8217;s price more volatile, as more users 
potentially mean fuel for larger price moves. As such, considering the uptick 
in interest that DOGE has witnessed recently, it&#8217;s possible that its price 
could show sharp action in the near future. Though, for now, the memecoin is 
continuing to show consolidation. DOGE Has Been Stuck In Sideways Movement 
Dogecoin has displayed stale price action since the crash at the start of 
February, with all deviations eventually collapsing back into the same 
consolidation range. As the below chart shows, the memecoin is currently 
trading around $0.0926, which is about where the memecoin has returned time 
and again during the phase of sideways movement. The consolidation isn&#8217;t 
something unique to Dogecoin; the digital asset sector as a whole has 
struggled to find a direction in the same period. Bitcoin, for example, is 
still trading below the $70,000 level. The market has made some attempts at 
recovery already, but each one has fizzled out. A reason behind this prolonged 
consolidation is the uncertainty due to the war situation in Iran. Featured 
image from Dall-E, chart from TradingView.com

Dogecoin Network Comes Alive: Active Addresses Jump 28%

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The New York-based infrastructure firm OpenFX has secured $94 million in 
Series A funding to expand its real-time stablecoin settlement rails across 
global markets. OpenFX announced on March 31, 2026, that it raised $94 million 
in Series A funding led by investors including Accel, Atomico, and Pantera. 
Founded in 2024, the company utilizes stablecoins as […]

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