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Latest Ethereum news, price updates, and market trends

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Ethereum Staking Reaches Record High of 35.9 Million ETH

According to PANews, data from validatorqueue indicates that Ethereum staking has reached a historic peak of 35.9 million ETH, accounting for approximately 29.61% of the total ETH supply. Currently, the Ethereum PoS network has 160 ETH in the exit queue, with a waiting time of around four minutes for withdrawal. Meanwhile, 2,479,680 ETH are queued for entry, with an estimated activation delay of about 43 days and 1 hour.
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Ethereum News: Ethereum Sees Record Surge in New Wallets as Network Upgrades and Stablecoin Activity Converge

Ethereum is experiencing its fastest pace of wallet creation on record, driven by a rare alignment of protocol upgrades, rising stablecoin usage, and improving crypto market sentiment.On average, 327,000 new Ethereum wallets were created per day over the past week, marking the highest sustained growth rate in the network’s history, according to data shared by Santiment. Sunday alone recorded more than 393,000 new wallets, the largest single-day increase ever observed.Key takeawaysEthereum wallet creation hit an all-time high, averaging 327,000 new wallets per dayNon-empty ETH wallets reached a record 172.9 millionAnalysts point to protocol upgrades, stablecoin usage, and sentiment recovery as key driversMore than half of Ether’s total supply is now stakedWallet growth signals expanding Ethereum participationNew wallet creation is often viewed as an early indicator of ecosystem expansion, signaling that new users, developers, or institutions are entering the network.Alongside the surge in new addresses, the number of non-empty Ethereum wallets climbed to 172.9 million, another all-time high, reinforcing the view that growth is being driven by active participation rather than idle address creation.Ether (ETH) traded near $3,330, up roughly 7.5% over the past 24 hours, after moving within a $3,068–$3,292 range over the past week, according to market data.Protocol upgrades lower friction for usersSantiment analysts attributed part of the wallet surge to Ethereum’s Fusaka upgrade, deployed in December, which improved on-chain data handling and reduced costs associated with posting data from layer-2 networks back to Ethereum.The upgrade lowered transaction fees and reduced friction when interacting with decentralized applications and rollups.“Making Ethereum cheaper and easier to use tends to encourage new users to open wallets and start interacting with the network,” Santiment analysts noted.Stablecoin activity and sentiment shift add momentumBeyond protocol-level changes, Ethereum appears to be benefiting from a broader shift in crypto sentiment. According to Santiment, holder sentiment moved from negative toward neutral and positive in mid-December, a transition that historically coincides with increased retail onboarding.At the same time, Ethereum saw a notable increase in stablecoin transfer activity in late 2025, reflecting higher real-world usage for payments and settlement.“This kind of genuine financial activity tends to attract new participants who create wallets to send, receive, or hold stablecoins and other assets,” the analysts said.The combination of improving sentiment and rising transactional demand may be reinforcing wallet growth as users explore DeFi, NFTs, and other Ethereum-based applications.More than half of Ether supply now stakedEthereum’s long-term security participation continues to deepen. According to Nansen, more than 50% of Ether’s total supply is now locked in staking contracts.The Ethereum Beacon Deposit Contract alone holds over 77 million ETH, representing validator deposits securing the network.Centralized exchanges also remain significant custodians. Binance holds close to 4 million ETH on behalf of users, while Coinbase custody wallets contain roughly 2.3 million ETH.usage recovery may matter more than priceWhile ETH price action remains closely tied to broader market conditions, the surge in wallet creation suggests expanding on-chain engagement at a foundational level.Analysts caution that sustained growth will depend on whether decentralized application usage continues to recover and whether macroeconomic uncertainty eases. Still, the current data points to renewed activity rather than speculative churn.
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Ethereum News: ETH Back at $3,200, Can Ethereum Flip Resistance Into Support in 2026?

Ethereum has reclaimed the $3,200 level, but traders remain cautious about whether Ether can successfully turn former resistance into durable support — or whether weaker application usage and U.S. macro uncertainty will continue to cap upside near $4,000.Key takeawaysEther trades near $3,200, but has repeatedly failed to sustain moves above $3,300 over the past two months.Declining DApp usage and DEX volumes are weighing on network fees and near-term demand for ETH.Layer-2 networks dominate Ethereum activity, while cheaper rival chains reduce the odds of a rapid push back to $4,000.ETH struggles to reclaim $3,300 despite network upgradesEther has spent most of the past 60 days trading below $3,300, raising questions about whether a durable bullish trend is still achievable in 2026. Despite ongoing protocol upgrades and Ethereum’s continued dominance in deposits and total value locked (TVL), investors appear unconvinced that a sustained breakout is imminent.At roughly $3,200, ETH is testing a level that previously acted as resistance through late 2025. The failure to decisively reclaim higher ground has reinforced the view that Ether’s upside is constrained by broader market conditions rather than ecosystem-specific issues.Since November, ETH’s price performance has closely tracked movements in the total crypto market capitalization, suggesting that macro sentiment and overall risk appetite are playing a larger role than Ethereum-specific fundamentals.Weaker DApp usage drags on fees and short-term demandSigns of softer demand are most visible in decentralized application activity.According to data from DefiLlama, aggregate decentralized exchange (DEX) volumes over the past two weeks totaled $150.4 billion, down 55% from the all-time high of $340 billion recorded in January 2025.Ethereum-based DEX volumes have fallen sharply as well. Seven-day DEX volumes on Ethereum are hovering near $9 billion, down from a peak of $27.8 billion in October 2025 — a 65% decline. Over the same period, Ethereum network fees dropped 87%, falling to roughly $2.6 million from $21.3 million three months earlier.Despite the slowdown, Ethereum’s broader ecosystem remains dominant. When combining activity across Base, Arbitrum, Polygon, and other layer-2 solutions, Ethereum-aligned networks still account for around 50% of total DEX volume, underscoring its central role in decentralized finance.Layer-2 dominance reshapes Ethereum’s economic profileEthereum’s leadership in TVL continues to signal strong institutional preference, even as competitors such as Tron, Solana, and BNB Chain generate higher base-layer fees.Critics often argue that Ethereum has failed to fully monetize its dominance in smart-contract deposits. Supporters counter that this outcome is intentional, reflecting Ethereum’s rollup-centric scaling strategy, which prioritizes security and decentralization over base-layer fee maximization.Transaction data highlights this divergence. According to Nansen, Ethereum processed 54.4 million transactions over a recent 30-day period, while its layer-2 network Base alone recorded more than 600 million transactions during the same timeframe.By contrast, Solana’s base layer processes more transactions than its top 10 competitors combined, reflecting a design that emphasizes high throughput and low latency at the cost of greater coordination and a more centralized development model led by Solana Labs.Balance-sheet pressure adds to ETH headwindsEther’s prolonged consolidation below $3,200 has also weighed on firms that raised debt or equity to accumulate ETH.Bitmine Immersion, for example, reportedly holds $13.2 billion worth of Ether, yet its shares trade at a 9% discount to the value of those holdings, according to CoinGecko data. The gap highlights investor skepticism toward ETH’s near-term upside and the risks associated with leveraged exposure to a range-bound asset.What would reignite a move toward $4,000?For now, a clear catalyst capable of shifting momentum decisively back in Ethereum’s favor remains elusive.Rival networks continue to offer comparable decentralized applications with lower friction, while economic uncertainty in the United States is limiting broader risk appetite. Without a meaningful rebound in on-chain activity, fee generation, or macro-driven demand for crypto assets, Ether’s path back to $4,000 and beyond appears challenging.Bottom line: Ethereum remains the backbone of decentralized finance, but price leadership in 2026 will depend less on protocol upgrades and more on whether application demand and global risk sentiment recover in a meaningful way.
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Bank of Italy Analyzes Ethereum's Stability Amid Potential Ether Price Collapse

According to Cointelegraph, the Bank of Italy has conducted a study to assess the impact on Ethereum's security and settlement capabilities if the price of Ether were to plummet to zero. The research, led by economist Claudia Biancotti, explores the implications of such a drastic price drop on Ethereum-based financial services, which rely on the network for transaction processing and settlement. The study emphasizes the importance of viewing Ethereum not merely as a speculative asset but as a critical component of financial infrastructure. Biancotti's research highlights the connection between validators' economic incentives and the stability of the blockchain supporting stablecoins and other tokenized assets. The paper models a scenario where validators, who earn rewards in ETH, might choose to exit if the token's value collapses, leading to a reduced total stake securing the network. This could slow block production and weaken Ethereum's resilience against attacks, potentially compromising the timely settlement of transactions. The study argues that Ethereum is increasingly used as a settlement layer for financial instruments, making it essential to consider how fluctuations in Ether's value can impact the reliability of the underlying infrastructure. The Bank of Italy's analysis suggests that market risk in the base token can evolve into operational and infrastructure risk for instruments built on Ethereum, such as fiat-backed stablecoins and tokenized securities. The paper warns that disruptions could extend beyond speculative trading, affecting payment and settlement use cases that are under regulatory scrutiny. Other authorities, including the International Monetary Fund and the European Central Bank (ECB), have also expressed concerns about the systemic importance of large stablecoins and their potential financial stability risks. An ECB Financial Stability Review report from November 2025 highlighted the vulnerabilities of stablecoins and their connections to traditional finance, warning of possible runs and asset fire sales in the event of severe shocks. The Bank of Italy concludes that regulators face a challenging decision regarding the use of public blockchains in financial services. They must choose between deeming current public chains unsuitable for regulated financial infrastructure due to their reliance on volatile native tokens or allowing their use with risk mitigation measures. These measures could include business continuity plans, contingency chains, and minimum standards for economic security and validators.
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Ethereum Co-Founder Vitalik Buterin Discusses the Future of Ethereum's Independence

According to PANews, Ethereum co-founder Vitalik Buterin emphasized the importance of Ethereum passing the 'can exit at any time' test in a recent post on the X platform. He stated that Ethereum aims to be the ideal platform for trustless and minimized-trust applications across various sectors, including finance and governance. The platform should support applications that function as tools rather than services that fail if the provider ceases maintenance. Buterin highlighted that even if some applications rely on certain provider functions, Ethereum should minimize this dependency and protect users when such dependencies fail. If the underlying protocol itself requires continuous updates from a 'provider'—even if this provider is the collaborative process of core developers—then building the ideal applications becomes impossible. Therefore, the Ethereum blockchain must possess the characteristics expected of its applications, ensuring it can pass the 'can exit at any time' test. This means Ethereum must reach a stage where it can be 'solidified when needed.' While protocol modifications should not cease, Ethereum's value proposition should not strictly depend on any features not yet integrated into the protocol. This includes aspects such as full quantum resistance, scalable high-performance architecture, a state architecture sustainable for decades, a universal account model, a reliable gas pricing mechanism against denial-of-service attacks, a proof-of-stake economic model based on long-term experience, and a block construction model resistant to centralization and censorship. Ideally, in the coming years, efforts should focus on achieving a stage where almost all future innovations can be realized through client optimizations and reflected in the protocol through parameter changes. Each year, at least one of these goals should be accomplished, preferably more. By deeply understanding what is right and doing things correctly from the outset, rather than adopting temporary compromises, Ethereum's technical and social robustness can be maximized in the long run.
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