Even though Ethereum encountered slight price changes and intensified competition from other cryptocurrencies, the Ethereum network enjoyed strong, sustained growth.
On January 25, 2023, the network experienced the creation of 206,290 new wallet addresses within 24 hours—its largest daily wallet creation since October 2022. This remarkable surge in new wallet creation suggests that, beneath the surface, there is a strong, continuing interest in and demand for the Ethereum network.
Despite mild price concerns throughout crypto as the weekend came to an end, Ethereum's network blasted off with an astonishing 206,290 new addresses created between January 24th and 25th. This was the highest surge in network growth since October 8, 2022.
