Ethereum wallet creation breaks records: Fusaka upgrade sparks genuine payment demand

【Blockchain Rhythm】Interesting data has arrived. In the past week, the number of new Ethereum wallets created hit a record high—averaging over 327,000 new wallets per day, with Sunday reaching 393,000, directly setting a single-day record. As of now, the total number of wallets holding at least some ETH has also reached a historic high of 172.9 million.

Speaking of which, there are real driving forces behind this growth. The Fusaka upgrade launched in early December last year indeed made a significant impact—optimizing on-chain data processing mechanisms and greatly reducing the cost for Layer 2 networks to submit data to the mainnet. The result is that using Ethereum has become cheaper, interactions smoother, especially when dealing with rollups and dApps.

Even more interesting is that Ethereum’s stablecoin activity is now extremely hot. In Q4 2025, the quarterly stablecoin transfer volume surpassed $8 trillion, setting a new record. What does this indicate? It shows that real money payments and settlements are taking place, not just pure speculation. Santiment’s analysis is quite accurate: “This kind of genuine financial activity often attracts new users to open wallets for transfers, receiving, or hoarding stablecoins and other tokens.” The network is being genuinely used, and that is the key to attracting new players.

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MetaMiseryvip
· 2h ago
Wow, 393,000 wallets in a day? How many new investors does that mean entering the market? Fusaka has indeed improved some things this time.
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YieldChaservip
· 13h ago
Wow, this data is crazy, 390,000 new wallets in one day? Fusaka really saved on gas fees this time. Luckily for this upgrade, otherwise layer2 would have already surpassed us.
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CommunitySlackervip
· 13h ago
Wow, 327,000 new wallets per day? How many people are trying to buy the dip? Wait, is Fusaka really that strong? Can the gas fees be that cheap? I need to try it out. 8 trillion in stablecoins? That's an outrageous trading volume. Is there real payment demand now? It feels like someone is finally using the chain, not just pure speculation. Fusaka's upgrade this time actually has some substance. Glad my expectations weren't in vain.
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NotSatoshivip
· 14h ago
Wow, 390,000 new wallets in one day? How many people are doing what to generate that many? Fusaka's upgrade really wasn't in vain; the gas fees dropping so much definitely attracts people to give it a try. 8 trillion stablecoin transfers... Is this number real? Feels like it's doubled compared to last year. Wallets are surging, but what percentage are actually being used by real people? Or are they all just bots? I just want to know if these new newbies can survive the next downturn, haha.
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GasGrillMastervip
· 14h ago
Damn, these data are incredible. 393,000 new wallets in a single day, breaking records. Fusaka's upgrade is indeed powerful. The drop in gas fees has attracted so many people to enter the market, enough said. The transfer volume of 8 trillion in stablecoins? That's real gold and silver flowing, much more reliable than any concept coins. But we need to see what happens next; whether the hype can be maintained is the key. The previous upgrade hype only lasted for a while. This time feels different, after all, the number of wallets has exploded. Speaking of the 327,000 new daily wallets, how many of them are truly active? Still a bit concerned about the authenticity, I'm just observing for now. Wait until the stablecoin trading volume stabilizes for another two weeks before making any moves. The real key is user retention; we don't want it to be just a flash in the pan.
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RetailTherapistvip
· 14h ago
Wow, this data is really outrageous... 390,000 wallets in a single day? It feels like the market is finally starting to move.
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