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Ethereum Sets New Transactions Record as Wallet Creation Surges, Price Still Range-Bound

Cheaper transactions from recent upgrades are drawing heavy stablecoin traffic onto the network.

Overview

  • Blockchain data firm Artemis reports the parent chain processed over 2.5 million transactions in a day with average fees under $0.20, led by USDC and USDT activity.
  • Santiment data shows a single-day record of 393,600 new wallets on Jan. 11 and a weekly average near 327,100, pushing non‑empty addresses to about 172.97 million.
  • Seven‑day average active addresses have climbed above 811,500, reinforcing a broad pickup in on‑chain engagement.
  • The December 2025 Fusaka upgrade cut Layer‑2 posting costs and improved data handling, while stablecoin settlement on Ethereum reached roughly $8 trillion in Q4 2025.
  • Despite stronger fundamentals and notable staking flows such as BitMine’s holdings reaching about 1.53 million ETH, the token price remains in a consolidation range in the low‑to‑mid $3,000s.