2026-01-02 13:25:08

Ethereum has recently delivered an impressive performance. On December 31st, the 7-day moving average of transaction counts surged to 1.87 million, reaching a new historical high and even surpassing the peak of the previous bull market.

Even more astonishing is the on-chain activity. The number of active addresses on the network soared to 728,000, hitting the highest level since May 2021. The number of new addresses added in a single day exceeded 270,000, marking the largest daily increase since 2018.

What do these numbers reflect? On-chain funds are flowing, users are actively participating, and market sentiment is clearly warming up. The simultaneous rise in transaction frequency and address growth indicates that the enthusiasm for the Ethereum ecosystem is not superficial — it involves sustained participation from veteran users as well as influxes of new entrants. Against this backdrop, the meme sector's attention has also surged, and the entire market is showing a vibrant and diverse landscape.

ETH3.87%

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PanicSeller69

· 2h ago

1.87 million transactions? Oh my, if this data isn't generated by bots, I would believe it. --- Added 270,000 new addresses, is another wave of newcomers taking over? --- Meme sector is booming... this time, it won't be a mess again, right? --- On-chain activity hits a new high, but I don't see any reason not to run. --- Is this really different? We said the same during the last market peak. --- A flood of new addresses is coming in, what does that mean? It means the newcomers are back. --- Wait, out of these 728,000 addresses, how many are cold wallets?

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GateUser-addcaaf7

· 2h ago

This data is indeed impressive, but it depends on whether it can be sustained later on. Oh my god, new addresses are coming in. Is this wave about to take off? 1.87 million transactions? Damn, surpassing the previous peak. This signal is quite strong. The meme is back... money is flowing here. Active addresses are at 728,000. It feels like something big is about to happen. Funds are indeed flowing, but I'm worried it might be just a flash in the pan. So many new players entering the market, could they all be just bagholders? The hype looks good, but I'm still a bit cautious. Let's wait and see. Adding 270,000 new addresses... Wow, that's really attractive, but how long can it last?

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ConfusedWhale

· 2h ago

Damn, 1.87 million transactions? This data is really incredible, feels like it's about to take off again 27,000 new addresses surge? Oh my god, a wave of new investors is pouring in What does 1.87 million transactions mean? I can't wrap my head around it Is the bull market here or just more chopping of leeks? It's really hard to tell 728,000 active addresses, what are the old crypto folks doing This meme wave is going to be crazy, can my portfolio turn around again? The data looks great, but can it really go up? Question mark So many newcomers entering the market, brother, this feels a bit risky Ethereum is about to prove itself again, let's wait and see This time, is it just hype? I’ve been caught before 1.87 million transactions, how far am I from jumping in

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FundingMartyr

· 2h ago

Damn, 1.87 million transactions directly hitting a new all-time high? Looks like the guys are really about to take off now. Guys, this data has got me a bit confused—728,000 active addresses, 270,000 new ones? Feels like this market is different this time. Breaking the 2021 record, is meme really about to take over? Feels a bit crazy. 1.87 million transactions... alright, I admit I don’t understand it, but it’s definitely outrageous. Are new entrants flooding in? Should I tell my friends to start buying the dip? Haha. On-chain activity is skyrocketing, this momentum is pretty fast, kinda exciting. It’s truly a blooming scene; meme sector is rising. Why am I still standing guard? 728,000 addresses—what does this mean? Has the bottom been absorbed? This trading volume... hey, feels like a new cycle is about to begin.

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CodeAuditQueen

· 3h ago

Numbers look satisfying, but with such high on-chain activity, have you ever considered whether gas fees might become a bottleneck again? 1.87 million transactions... the window for re-entrancy attacks has also widened. Is there an audit report following up?

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