Ethereum Sets New Record High for New Wallet Creation, with Non-Zero Address Count Reaching 172 Million

January 14 — While ETH prices remain in a consolidation phase, new Ethereum wallet creations hit an all-time high last week, with network adoption rebounding strongly. Over the past seven days, an average of 327,000 new Ethereum wallets were created daily, topping out at over 393,000 on Sunday — a new single-day record. Total non-zero Ethereum wallets (addresses holding any ETH) reached a new high of 172.9 million. Scheduled to go live on Ethereum in early December 2025, the Fusaka upgrade optimizes on-chain data processing, sharply cutting costs for Layer 2 networks to submit data to the mainnet. This makes Ethereum cheaper and easier to use, especially for interacting with rollups and decentralized applications (dApps). Meanwhile, Ethereum stablecoin activity surged: total stablecoin transfer volume hit a record $80+ trillion in Q4 2025, indicating the network is being used for real-world payments and settlements rather than just speculation. Analytics firm Santiment noted: “This real-world financial activity often draws new users creating wallets to send, receive, or hold stablecoins and other tokens.”