Ethereum Addresses Surge 110% Following Fusaka Upgrade

Daily new Ethereum addresses reached about 292,000 after the Dec. 3, 2025 Fusaka upgrade, with on-chain data showing more mid-term holders and some profit-taking.

ETH

Summary

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Terms & Concepts
  • Fusaka upgrade: A network update on Ethereum aimed at enhancing performance or functionality.
  • HODL Waves: An on-chain metric showing distribution of held cryptocurrency by holding time.
  • Mid-term holders: Investors who retain cryptocurrency for several months before selling or trading.