Ethereum New Addresses Rise 110% Since December Fusaka Upgrade

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Ethereum news reveals a 110% increase in new addresses since the Fusaka upgrade on December 3, 2025, with approximately 292,000 new addresses joining daily. ChainCatcher attributes the growth to seasonal demand and network improvements. Data from HODL Waves shows a rise in mid-term ETH holders between July and October 2025, with early buyers realizing profits while later entrants remain in the red. The Ethereum price continues to be closely monitored as on-chain activity increases.

According to ChainCatcher, as reported by Beincrypto, Ethereum network activity has surged rapidly since the Fusaka upgrade on December 3, 2025. Data shows that the number of new addresses has increased by approximately 110%, with around 292,000 new addresses being added daily. Analysts suggest this highlights an accelerated growth in user adoption, reflecting the combined effects of seasonal factors and structural upgrades. Additionally, the HODL Waves indicator shows an increase in the number of mid-term holders who have held Ethereum for three to six months. Most of these investors accumulated their positions between July and October 2025. Investors who entered the market in early July are already in profit, while those who entered in mid-July and later are still at a loss. A price increase could trigger selling pressure from these holders.

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