Ethereum on-chain data shines: new user retention doubles, daily trading volume hits a record high

HashBard · 2026-01-16T11:00:10+00:00

Recently, Ethereum network activity has significantly increased, with new user retention reaching 8 million, daily transaction counts soaring to 2.8 million, and active addresses surpassing 1 million. This is driven by factors such as fee advantages, ETF capital inflows, and network upgrades, continuously strengthening the fundamentals and boosting market sentiment.

HashBard

2026-01-16 11:00:10

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【Crypto World】 Recently, the Ethereum network has been quite lively. Data from the past month clearly shows the trend—new user activity retention has doubled, reaching around 8 million, daily transaction volume has hit a new high of 2.8 million, and active addresses have surpassed the 1 million mark.

What is behind this growth? One factor is the obvious advantage in transaction fees, with low costs directly stimulating demand for stablecoins. Coupled with recent capital flows—ETF continuous injections of new funds, along with network upgrades and optimizations—these factors together are strengthening the fundamentals.

From both technical and capital perspectives, these accumulated positives are driving the price to test the current resistance levels. With such high on-chain activity, market sentiment is also heating up.

ETH-0,96%

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FlashLoanPrince

· 9h ago

Stacking positive data, might as well see how high it can go.

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BlockchainRetirementHome

· 9h ago

The data looks good, but can this rally be sustained? I have a feeling that the short-term sentiment might be a bit over the top.

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OldLeekMaster

· 9h ago

Wait, 2.8 million transactions hitting a new high? Why does this data feel overhyped? Is there really any real-world implementation behind it? Who would believe this rebound without continuous ETF support? Honestly, it's still relying on external funds to hold it up. Can low transaction fees alone double retention? I think it still depends on whether the coin price rises or not. Could this be another case of impressive data but actually just a scam to harvest profits? 8 million new users sounds like a lot, but how many are actually actively trading?

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DefiEngineerJack