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Ethereum network activity is quietly hitting new records
Wallet creation data is skyrocketing: last week, the average daily new wallets on Ethereum reached about 327,000, with a single-day peak close to 394,000. Meanwhile, ETH prices have been fluctuating within a range—this decoupling phenomenon is worth noting.
What is driving this?
The Dencun upgrade has made a significant impact. This upgrade greatly reduced transaction costs and optimized the operation efficiency of layer 2 networks. Cheaper operation costs attracted a large influx of new users, activating the ecosystem. This indicates that improvements in network infrastructure can directly translate into real user growth—even if short-term prices haven't caught up yet.