Ethereum Network Growth Surges in December 2025 Amid Price Stagnation

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Ethereum network activity hit a multi-month high in December 2025, with over 197,000 new wallets created on December 2 and nearly 195,000 on December 15. Network metrics from Coinotag show daily wallet growth outpaced ETH’s sideways price action between $2,800 and $3,300. Santiment data reveals a 25% rise in network activity from November averages. Holder sentiment improved, shifting from negative to neutral-positive by mid-December. Analysts see the on-chain growth and improved sentiment as potential signs of a price breakout.
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