Overview
- Network data show 393,600 new Ethereum wallets were created in a single day, with a seven‑day average near 327,100, both record highs reported by Santiment.
- Non‑empty Ethereum addresses hit an all‑time high of about 172.97 million, indicating broader holding across the network.
- Analysts reported the 7‑day average of active addresses above 811,500 and daily transactions topping 2.2 million, surpassing a prior peak of roughly 1.89 million on January 10.
- Typical user costs remained very low, with example fees near $0.04 for swaps, $0.06 for NFT sales, $0.03 for borrowing, and $0.01 for bridging.
- Despite surging on‑chain activity, ETH traded around $3,177 and stayed range‑bound as growth was driven by Layer‑2 usage, stablecoin transfers, DeFi and airdrop activity rather than sustained token accumulation.