Ethereum's recent performance has been quite aggressive. According to on-chain data tracking, over the past week, an average of approximately 327,000 ETH wallets were added daily. To put it dramatically, last Sunday alone saw an increase of 393,000 wallets, setting a new record.



What are the driving factors behind this? Several elements stack together: protocol-level upgrades and optimizations, a clear rebound in stablecoin liquidity, and the overall market sentiment recovering from the bottom. All these point in the same direction — on-chain activity is heating up.

More convincingly, the total number of non-zero ETH wallets has surged to 172.9 million, also a record high. In other words, more and more people are participating in the Ethereum network, whether through transactions or holdings. The sustainability of this growth is worth continued observation.
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BridgeJumpervip
· 20h ago
Wow, is this data real? 393,000 a day? Luckily, I didn't sell everything off.
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FantasyGuardianvip
· 20h ago
This data looks really impressive, but having more new wallets doesn't necessarily mean genuine activity. We need to see how many are just "wool" accounts. The rebound of stablecoins is indeed a signal, indicating that a market bottom consensus is gradually forming. 172.9 million non-empty wallets... This number sounds impressive, but is it sustainable? We need to see what happens next. Protocol upgrades combined with market sentiment can double the effect, which can boost short-term performance. Long-term is the real test. Is this a genuine rise or just a false fire? Let's check back at the end of September.
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DaisyUnicornvip
· 20h ago
39,300 wallets are added daily. This garden is really blooming vigorously. I'm a bit worried about keeping up with watering.
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ContractSurrendervip
· 20h ago
393,000 new wallets added in one day? This feels like robots spamming? Really? Breaking the all-time high? Are those new wallets actually working or just sitting around waiting for the price to go up? The liquidity of stablecoins is warming up, and so many people are entering the market directly—it's a bit scary... 172.9 million non-empty wallets. That number sounds impressive, but how many of them are actually holding their positions... Sustainability? We might need to wait another month to see if it's real or not.
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