After an impressive start, which saw yearly highs getting touched, Bitcoin [BTC] has been stuck in the $30,000-$31,000 region over the past few weeks. The lack of volatility has disappointed the bullish and bearish forces of the market who are now waiting for a decisive move in either direction. However, despite the stagnation, Bitcoin’s adoption has been steadily growing lately. As per an update shared by blockchain analytics firm Glassnode on 13 July, the number of new addresses getting created on the network on a daily basis hit a fresh 3-month high.