According to CryptoGlobe on June 16, the number of active addresses on the Bitcoin blockchain exceeded one million. The number of daily activity addresses defines the number of addresses that are used in a single day, and does not mean that one million users trade BTCs per day. It is unclear how many people use the Bitcoin blockchain every day. While various exchanges in the cryptocurrency sector have found that they have millions of users, it is unclear how many of them are just buying and holding bitcoins. Shortly after reaching the 1 million milestone, bitcoin prices began to rise, rising from $8,450 to $9,300.