Ethereum Sees Record Growth in New Addresses for 2025

• Ethereum added 206,290 new addresses in one day, marking its highest growth since October 2022.
• Vitalik Buterin emphasizes building a censorship-resistant blockchain and accelerating Ethereum’s development in 2025.

The Ethereum network has added 206,290 new addresses between January 24 and 25. Since October 8, 2022, this surge stands as the greatest.

Also, according to YCharts data, the total number of unique Ethereum addresses increased to 297.68 million on January 25, 2025, from 297.47 million the day before. In addition, the number of new unique addresses per day increased to 210,389 on January 25, 2025, from 160,256 on January 24, 2025.

Source: YCharts

New Records Using Layer-2 Protocols

Apart from the growing count of new addresses, Ethereum’s Layer-2 systems create new benchmarks in processing speed. Reflecting the growing network’s rising efficiency, Layer-2 systems handled 29.68 million gas per second on January 23, 2025.

In addition to accelerating transactions, this could help to lower fees—one of the primary challenges on the Ethereum network.

As mentioned in the CNF report, Ethereum co-founder Vitalik Buterin underlined the core goal of the ecosystem in 2025. In his work, he underlined his will to keep creating a blockchain free of censorship and permissionless in nature. Although he promised to greatly hasten development initiatives, he also noted that there is still much to be done this year.

This dedication is a reaction to the several difficulties the Ethereum network faces, including the necessity to increase scalability and efficiency in order to draw wider acceptance from many spheres, including conventional financial institutions.

Deflation Strategy and Layer-2 Activity on Ethereum

Besides that, as we have reported, Justin Sun offered his view on the calculated actions Ethereum should take to reach its long-term objectives. He advised Ethereum to concentrate on fostering a deflationary ecosystem. Three years of stopping Ethereum sales and applying a tax on Layer-2 solutions will help to accomplish this step. He claimed this approach might drive Ethereum’s price toward $10,000.

Earlier this year, Layer-2 network activity for Ethereum also showed a notable rise. The network made history on September 3, 2024, with a daily transaction count. This rise reveals the general acceptance of Layer-2 solutions, meant to raise the mainnet’s efficiency and scalability. This technique should help Ethereum maintain its leadership among blockchain systems.

Open Interest Data and Trading Volume

According to Coinglass derivative data, Ethereum trade volume rose by 136.12% to reach $45.17 billion. Conversely, Open Interest (OI) dropped 1.41%, coming out to be $30.97 billion. On Binance, the Long/Short ratio of ETH/USDT is 6.2307, which reflects the optimism for ETH among platform users.

ETH trading volume on Binance hit $12.75 billion, followed by Bitget, which came next at $7.82 billion, and OKEx at $7.74 billion.

Meanwhile, as of writing, ETH was down 7.30% over the last 24 hours, swapped hands at about $3,082.15. The hype surrounding AI due to DeepSeek has damaged the crypto market earlier this week.

In addition, on-chain analyst Ali Martinez has reaffirmed his conviction that Ethereum might reach the $7,000 mark in the present bull market cycle, according to our prior report. This forecast is consistent with the past price trends of Ethereum, which have shown notable jumps, especially in 2021 during past bull runs.

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