Ethereum wallet creation and on-chain activity hit records — 327k/day wallets; ETH ~ $3,346 as charts signal bullish breakout

first published 2026-01-14T01:29:47Z

Ether wallet creation hit a record with an average of 327,000 new wallets per day over the past week and a single-day peak above 393,000 (Santiment). Non-empty ETH wallets reached 172.9 million. Analysts link the surge to the Fusaka protocol upgrade reducing on-chain costs, a mid-December holder sentiment shift to neutral/positive, and a late-2025 spike in stablecoin transfers. Over 77 million ETH (more than half supply) is staked in the Beacon Deposit Contract; exchanges hold large reserves (Binance ~4M ETH; Coinbase ~2.3M ETH). ETH traded near $3,330, up 7.5% in the prior 24 hours.

AI Analysis

Record new-wallet metrics (327k/day average; 393k peak) and a 7.5% 24h price rise indicate bullish on-chain demand; cited drivers are the Fusaka upgrade lowering on-chain costs, a sentiment shift, and increased stablecoin transfers. Staking and exchange balance figures provide additional context for supply dynamics.

Source Articles