Santiment reported a record-breaking week for Ethereum
, with new wallet creation reaching its highest level ever.
Over the past seven days, an average of about 327,000 new wallets were made each day, and on January 11, it saw over 393,000 new addresses created in a day.
The analytics firm said the total number of Ethereum wallets with a balance has climbed to 172.9 million.
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One major reason for this growth could be the Fusaka upgrade introduced in December. The update simplified data processing on the blockchain and reduced the costs of sending information from Layer 2 networks back to Ethereum.
Santiment explained that this made the network “cheaper and easier” to use. As a result, many new users were encouraged to create wallets and try the platform.
Additionally, Ethereum holders moved from a negative outlook to a more neutral or positive one. Santiment noted that such changes often lead to higher sign-ups from everyday users exploring the network.
Interest in decentralized finance (DeFi), NFTs, and other blockchain-based apps also increased toward the end of the year. On top of that, a rise in stablecoin transfers during late 2025 showed that Ethereum was being used for payments and settlements.
Vitalik Buterin, Ethereum’s co-founder, recently said that the network is close to overcoming one of the biggest issues in blockchain design. What is it? Read the full story.
