[Top Cap Asset Non-Empty Wallet, Courtesy: Santiment]

Data from Santiment reveals that the number of non-empty Dogecoin wallets has surged by 13.8% over the past three months. This growth indicates sustained user activity in Dogecoin, emphasizing the continued popularity of the cryptocurrency despite recent market trends.

The rise in active wallets also suggests ongoing interest in Dogecoin, even during a phase of market consolidation. This signifies an active and potentially expanding Dogecoin community, regardless of the lack of significant price movements.

Earlier in the year, Dogecoin experienced a surge in price due to retail investor interest, reaching a high of $0.229 on March 28. Since then, the price has stabilized, leading to a period of consolidation. However, the uptick in non-empty wallets indicates that the community remains engaged.

The increase in non-empty wallets coincides with the launch of GigaWallet in March by the Dogecoin Foundation. This development aims to facilitate the integration of Dogecoin for online transactions on various platforms, showcasing efforts to expand the adoption of the cryptocurrency.

The rise in non-empty wallets is a positive indicator for Dogecoin, suggesting that the community values long-term holdings in addition to speculative trading. As of the latest data, DOGE is trading at $0.149, up 2.82% in the last 24 hours, with a market cap of $21.49 billion, positioning it as the eighth largest cryptocurrency.