The craze for Ethereum has exploded since the Fusaka update. According to the data, the network is indeed attracting new addresses every day. Such an influx could change market dynamics and restart an upward trend for the ETH token.
In brief
- The number of new Ethereum holders jumped 110% thanks to the Fusaka update.
- Ethereum is approaching a technical breakout zone, fueled by growing adoption and increased demand.
Ethereum shows spectacular renewed interest since December 3
Since the deployment of the Fusaka update, the Ethereum network records approximately 292,000 new accounts per day. According to the Glassnode datathe number of new active addresses has indeed increased by 110% in just three weeks.
Of course, not all addresses reflect a long-term commitment. Nevertheless, this wave of new arrivals reflects a growing adoption of the Ethereum blockchain. Enough to attract the attention of crypto investors.
According to several analysts, such volume mechanically increases liquidity. It should also improve the resilience of the Ethereum network in the face of market volatility.
Ethereum at the crossroads: a breakout approaching?
The price of ETH is currently trading around $3,141, i.e. in close proximity to major technical resistance. The digital asset has formed a descending wedge since early November. Crossing this zone would therefore open the way towards an Ethereum at $3,447, even $4,061.
But the road remains strewn with uncertainties. Ethereum whales as well as other medium-term investors (3 to 6 months) find themselves in a strategic position. Many of them bought between July and October 2025. Some are already profiting, others are still hoping for a rebound. This behavior creates a form of “forced hold”thus temporarily reducing selling pressure.
However, scaling up too quickly could push these cohorts to sell as soon as they reach their break-even point. A phenomenon which, without an influx of new capital, would slow down any potential increase in Ethereum price.
One thing is certain: the Ethereum network is experiencing an accelerated transformation. If this dynamic continues, it could redefine the market outlook in 2026. But not only that! This would also redistribute the cards for historic crypto players.
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