2026-01-14 22:50:36

Ethereum on-chain activity just hit a new high. Every week, 889,300 wallets are making transactions, reflecting the true growth of the ecosystem behind this number.

The main drivers of this growth are clear: stablecoin trading volume continues to lead, the DeFi application ecosystem is becoming more mature, and on-chain transactions are heating up—whether it's Lighter or certain DEX trading protocols, all are reflected in the activity data.

The key is that Ethereum after the Merge is quietly and efficiently scaling. Not through marketing gimmicks, but through real on-chain activity and user growth. This development trend is worth the market participants' serious attention.

ETH-1,61%

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FloorPriceWatcher

· 17h ago

Over 890,000 wallets are active. This number is genuine, not exaggerated or understated. --- Stablecoins have been leading the way, and the DeFi ecosystem is expanding. After the Merge, Ethereum seems to be working seriously. --- I just like this feeling of relying on data rather than PR. It's much better than some chains blowing their own horns every day. --- On-chain activity has truly picked up. That's what really matters; don't worry about the coin price. --- 8.89 million? No, it's 890,000... Anyway, the numbers are right here. Experience it yourself. --- After the Merge, Ethereum is still steadily making progress. No reports of anyone running away again. The pace is good.

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TradingNightmare

· 17h ago

Over 880,000 wallets are active, and this data looks good... but what about the actual trading volume? Mainly, stablecoins are doing their own thing. The DeFi ecosystem is supposedly well-developed, but if everything were so great, why are the token prices still like this?

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OldLeekConfession

· 17h ago

880,000 wallets are active, this number is quite interesting, really unstoppable.

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WenAirdrop

· 17h ago

880,000 wallets are active. Is this number real or inflated? I just want to know what proportion of truly active transactions there are. DeFi is hyped again? Or are people really using it? Wake up, everyone. After the Merge, Ethereum has indeed stabilized, unlike some chains that constantly market to harvest profits. In terms of scalability, L2 is the real savior. No matter how much L1 is optimized, there's a ceiling. The high trading volume of stablecoins... either it's arbitrage maniacs or people are fleeing. Don't be too optimistic.

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retroactive_airdrop

· 17h ago

Over 880,000 wallets are active, and this data is truly impressive. However, the dominance of stablecoins is a signal—are they actually doing real work or just harvesting users? --- After the Merge, ETH finally stopped bragging and started speaking with data—I believe in this. --- Is the DeFi ecosystem complete? I feel like it's still just a few old projects going in circles... --- 890k wallets are active weekly. It sounds like a lot, but how many truly active users are there when divided? --- Relying on real growth rather than marketing—that's why I am optimistic about Ethereum. Other chains are all talking about ecosystems, but ETH is quietly getting things done.

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FomoAnxiety

· 17h ago

Over 880,000 wallets? That number looks impressive, but does it really correspond to real value? --- Crazy trading of stablecoins, hot DeFi ecosystem—basically just self-entertainment transfers? --- After the Merge, Ethereum is really quietly doing its thing, unlike some chains that boast every day. --- 89,000 active wallets sound like a lot, but how many of those involve truly valuable transactions? --- No hype, no black, the data does look good. Just worried it might be a flash in the pan again. --- Is DeFi still heating up? I feel like this wave is just funds moving around again. --- Compared to the numbers, I care more about how many people are actually making money... --- The fact that stablecoins are leading definitely shows something—that everyone is hoarding USDT. --- Expansion depends on actual trading volume, I agree with that. Better than marketing hype. --- Here we go again, every time claiming new highs, and then what?

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