@loopll
The surge in Ethereum's first-time wallet interactions this week—averaging ~327K new addresses daily, with a record 393.6K on Jan 11—signals robust new user adoption.
On-chain data shows daily active addresses recently hit 1.2M–1.3M (e.g., 1.297M on Jan 16), more than doubling from ~410K a year ago, while monthly actives reached 13.1M (+51% MoM).
This growth is driven primarily by newcomers (new addresses doubled to ~8M in 30 days), not just returning users, indicating genuine network expansion.
It points to accelerating ETH user trends, boosted by lower L2 fees, record stablecoin volume, and upgrades—potentially bullish for long-term demand and ecosystem vitality.