2026-01-02 11:24:50

Ethereum network has just crossed a new threshold. On December 31st, the 7-day moving average of transaction count surged to 1.87 million, setting a new record and leaving the 1.61 million from May 2021 far behind.

It's not just transaction volume that is soaring. By the end of the year, the number of active on-chain addresses reached 728,904, a level not seen since mid-May 2021. Even more impressive is the number of new addresses added in a single day—270,160 on December 31st—breaking the record since early 2018.

What is behind this wave of growth? According to Nick Ruck, Research Director at LVRG Research, the main factor is the network upgrades. These upgrades have, on one hand, reduced transaction costs, and on the other hand, significantly improved scalability, directly attracting a large number of institutional investors. More users, lower fees, faster speeds—this combination naturally drives on-chain activity to new heights.

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rugpull_ptsd

· 4h ago

Whoa, 1.87 million transactions? Is this number real... or does it feel a bit fake to me?

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MetaMuskRat

· 4h ago

Wow, 1.87 million transactions. Is this number real? Is the contract pumping again? The big players in the institutions are finally attracted. Lower fees really make a difference. Added 270,000 addresses. By the way, how many robots are in there... The upgrade is indeed effective, but I'm just worried it might be another fleeting moment.

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screenshot_gains

· 4h ago

Wow, 1.87 million transactions? No way there's any water in that, right? --- Did the fees really drop that much? Why does it still hurt so much? --- Here comes another round of institutional entry, can we hold this time? --- 27,000 new addresses in one day, is this real growth or just another round of chopping the leeks? --- Upgrade, just upgrade. Why say it so nicely? Is Ethereum about to take off again? --- I don't really believe the active addresses have surged; what kind of accounts are these? --- End of year hitting new highs, New Year crashing to the limit down—it's always the same routine. --- The scalability improvement, we’ll have to see after using it. --- Institutions are in, but why are the gas fees still so high? --- 27,000 new addresses in one day, is someone really coming in or just bots celebrating?

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TooScaredToSell

· 4h ago

Wow, is this data real, 1.87 million transactions? It seems a bit unbelievable... But the upgrade is indeed impressive; with lower fees, everyone wants to come and play.

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GasDevourer

· 4h ago

Haha, I really can't hold it anymore. Finally seeing ETH not burning money. --- 1.87 million transactions, and the fees have decreased? This is what I want to see. --- 27,000 new addresses daily, institutions are really quietly getting on board. --- After the upgrade, fees have come down and speed has increased. No wonder so many people are rushing in. This should be great now. --- Wait, is this real data or just hype again? Need to verify. --- The most new addresses since 2018, this pace is a bit fierce. --- Scalability improvements are really awesome. It should have been like this a long time ago. --- Active addresses broke records? Then why am I still eating dust on my gas fees? --- Gossip, both upgrades and institutional entry—this combo really has some tricks. --- 728k active addresses. Is it really taking off now, or is it another round of profit-taking?

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