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>>Ethereum experiences a 110% surge in new addresses following the Fusaka upgrade, gaining 292,000 wallets each day

Ethereum experiences a 110% surge in new addresses following the Fusaka upgrade, gaining 292,000 wallets each day

crypthub

4 days ago

Surge in User Activity

Ethereum saw new address creation jump 110% in the month after the Fusaka upgrade, adding about 292,000 wallets daily. This is the fastest growth rate since the 2024 bull market. Analysts view the rise as a sign of structural adoption rather than short‑term speculation.

Technical Impact of Fusaka

The December 3 Fusaka (Fulu‑Osaka) upgrade introduced Peer Data Availability Sampling, cutting the cost of posting data to Ethereum. Lower Layer‑2 expenses improve scalability and make DeFi, gaming, and consumer apps cheaper to use. The upgrade’s efficiency boost directly correlates with the accelerated address‑creation trend.

Adoption and Network Stability

Historically, rising wallet numbers precede higher transaction volume and deeper liquidity. Fusaka deployed without chain instability, easing institutional concerns about roadmap risk. The smooth rollout underscores that infrastructure upgrades are driving renewed network participation.

Price Outlook and Future Test

ETH has reclaimed the $3,200 level as on‑chain fundamentals improve, but a large cohort of holders from mid‑2025 sits near break‑even, posing potential sell pressure. Market watchers will assess whether the address surge translates into sustained transaction demand and stable fees in Q1 2026. Continued organic growth would confirm the upgrade’s long‑term impact.