Ethereum’s daily active addresses grew from roughly 400,000 to over 800,000 between January 7 and 15, 2026. Verification from YCharts shows that Ethereum reached 1.297 million active addresses on January 16, more than double the 410,000 recorded during the same period last year. Ethereum’s daily active addresses more than doubled to over 800,000 in two weeks, reaching 1.297 million by January 16, 2026, reflecting stronger adoption driven by DeFi and NFT activity. Despite the network growth, Ethereum’s price remains relatively stable around $3,300.
As of January 18, 2026, ETH trades above the key $3,230 support level, reflecting resilience amid short-term fluctuations. Technical analysis shows consolidation in the $3,400–$3,600 range, with higher lows defending against sellers. A recent temporary dip to $3,260, referred to as a liquidity grab by traders, did not significantly alter the broader trend. Ethereum briefly dipped to $3,260 in a fakeout but remains above key support at $3,230, suggesting cautious bullish potential, while further retests could signal weakness.
Some market projections suggest that Ethereum could reach $10,000 under favorable conditions. These scenarios, often based on Elliott Wave patterns, assume sustained adoption, macroeconomic stability, and Ethereum’s continued dominance over competing Layer-1 blockchains. Ethereum’s upcoming Glamsterdam network upgrade, expected in H1 2026, aims to improve transaction throughput and efficiency. While the roadmap targets a jump from 30 TPS to potentially 300 TPS, these outcomes are contingent on client adoption, Layer-2 integrations, and network usage patterns.
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