The number of new Ethereum wallets has reached a historical high, with 172.9 million non empty addresses According to BlockBeats, on January 14th, despite ETH prices remaining in a sideways oscillation phase, the creation of new Ethereum wallets reached a historic high last week, and network adoption rebounded strongly. Over the past week, an average of 327000 new Ethereum wallets were created per day, and on Sunday, it reached a record high of over 393000 new wallets, the highest single day record in history. The total number of non empty Ethereum wallets (addresses holding at least some ETH) has reached a historical high of 172.9 million. The Fusaka upgrade, which will be launched on Ethereum in early December 2025, has optimized on chain data processing, significantly reducing the cost of Layer 2 networks submitting data to the mainnet. Using Ethereum has become cheaper and easier, especially when interacting with rollups and dApps. At the same time, stablecoin activity on Ethereum has surged, with a record breaking total of over $8 trillion in stablecoin transfers in Q4 2025. Ethereum is being used for actual payments and settlements rather than pure speculation. Santiment pointed out that "such real financial activities often attract new participants to create wallets for sending, receiving, or holding stablecoins and other tokens