IoTeX has experienced a notable surge in user adoption, with recent data from IntoTheBlock revealing a moderate growth in addresses over the past few months. The network has now reached approximately 564,000 addresses, a significant increase from the previous bull market where addresses grew from around 10,000 to over 250,000.

The recent growth in new adoption rates indicates a rising interest in IoTeX, with more users joining and utilizing the network. In July, the number of new addresses created in a single day exceeded 1,500, setting a new record and representing a 494% increase from the average level at the beginning of July. This surge in new addresses suggests a growing demand for IoTeX's services and a increasing recognition of its potential.

The growth in user adoption can be attributed to IoTeX's innovative approach and its ability to meet the needs of its users. As more users join the network, IoTeX is poised to become a major player in the industry. The recent data from IntoTheBlock highlights the network's potential for further growth and adoption.

IoTeX's ability to attract new users and increase adoption rates is a testament to its strength and resilience. As the network continues to grow, it is likely to face new challenges and opportunities. However, with its current trajectory, IoTeX is well-positioned to navigate these challenges and emerge as a leader in the industry.

The significant growth in user adoption is a positive sign for IoTeX and its users. As the network continues to expand, it is likely to bring new opportunities and innovations to the industry. With its growing user base and increasing adoption rates, IoTeX is poised for a bright future.