Ethereum: New Holders Jump 110% After Fusaka
The enthusiasm for Ethereum is exploding since the Fusaka update. According to data, the network is indeed attracting new addresses every day. Such an influx could change the market dynamics and trigger a bullish trend for the ETH token.
In brief
- The number of new Ethereum holders has jumped 110% thanks to the Fusaka update.
- Ethereum approaches a technical breakout zone, fueled by growing adoption and increased demand.
Ethereum shows a spectacular renewed interest since December 3
Since the deployment of the Fusaka update, the Ethereum network records about 292,000 new accounts per day. According to Glassnode data, the number of new active addresses has indeed surged 110% in just three weeks.
Certainly, not all addresses reflect long-term commitment. Nevertheless, this wave of newcomers 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 Ethereum network’s resilience against market volatility.
Ethereum at a crossroads: a breakout approaching?
The ETH price currently hovers around $3,141, that is, in the immediate vicinity of a major technical resistance. The digital asset has been forming a descending wedge since early November. Breaking through this zone would thus open the way to Ethereum at $3,447, or even $4,061.
But the road remains full of uncertainties. Ethereum whales as well as other mid-term investors (3 to 6 months) find themselves in a strategic position. Many of them indeed bought between July and October 2025. Some are already profiting, others still hope for a rebound. This behavior creates a kind of “forced hold”, momentarily reducing selling pressure.
However, too rapid a rise could push these cohorts to sell as soon as they reach their breakeven point. A phenomenon which, without an influx of new capital, would hinder any potential rise of the Ethereum price.
One thing is sure: the Ethereum network is undergoing an accelerated transformation. If this dynamic continues, it could reshape the market outlook for 2026. But not only that! It would also reshuffle the cards for historic crypto players.
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My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.