


In recent days, the Ethereum network has attracted attention with a historic record in the number of new wallet registrations. An average of 327,100 new wallets are created daily, while on Sunday, 393,600 new wallets were opened, marking the highest daily number in Ethereum history. This situation indicates that the Ethereum network is rapidly being adopted regardless of price movements.
According to data from the blockchain analytics platform Santiment, various fundamental factors are at play in this increase. Especially the Fusaka upgrade implemented in December 2025 has made it more convenient and accessible to transact on Ethereum. After the update, the data writing costs of Layer-2 networks to the main network decreased, making it smoother to perform transactions through applications and rollups. This situation facilitates the opening of new wallets by users.
Moreover, the stablecoin transfer volume on Ethereum reached approximately $8 trillion in the last quarter of 2025, hitting an all-time high. This data indicates that the network is intensely utilized not only for speculative applications but also for real payment and settlement transactions. As real usage increases, it is observed that new users intending to send, receive, or store stablecoins are opening wallets on Ethereum.
According to the data provided by Santiment, even while the Ethereum price has been on a horizontal trajectory since December, strong interest from new users has been noted. Participants wanting to explore DeFi, NFT, gaming, and other applications are entering the network with new wallets. Additionally, the more balanced development of market sentiment during the year-end and new year period is also among the factors supporting this process. Thus, the adoption of Ethereum continues to deepen and grow independently of price movements.
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