BlockBeats news: On January 14, despite ETH's price remaining in a consolidation phase, the number of new Ethereum wallet creations hit a new all-time high last week, with strong rebound in network adoption. An average of 327,000 new Ethereum wallets were created per day over the past week, with Sunday setting a record high of over 393,000 new wallets created in a single day, the highest ever recorded. The total number of non-empty Ethereum wallets (addresses holding at least some ETH) has also reached a new all-time high of 172.9 million.
The Ethereum Fusaka upgrade, launched in early December 2025, optimized on-chain data processing and significantly reduced the cost for Layer 2 networks to submit data to the mainnet. This made using Ethereum cheaper and more accessible, especially when interacting with rollups and dApps. Meanwhile, stablecoin activity on Ethereum surged, with total stablecoin transfers in Q4 2025 reaching a record over $8 trillion. Ethereum is increasingly being used for real payments and settlements rather than pure speculation. Santiment noted: "This genuine financial activity often attracts new participants to create wallets for sending, receiving, or holding stablecoins and other tokens."