110% Increase in Ethereum Network Growth After Fusaka Blockchain Upgrade

Ethereum Experiences Steep Post-Upgrade Surge

The Fusaka upgrade has breathed new life into the Ethereum network, with its growth skyrocketing by 110% just a few weeks after being activated. This increase is seen through the creation of many new wallets, increased on-chain activities as well as developers’ commitment towards the project all which point towards an improvement in performance rather than mere talk.

Important Network Metrics Indicate Expansion

On-chain analysis shows that the average number of new Ethereum addresses per day surged from about 138,000 to over 292,000, representing one of the highest growth rates experienced since late 2021. The total active addresses went up by more than 38% on a monthly basis while there was an enhancement in transaction throughput due to increased gas limits enabling more data per block without compromising network security.

At the same time, Layer 2 ecosystems benefitted directly. Rollup transaction volumes rose by 45%, and there was a decrease in average transaction fees by between 18% to 25% on major scaling solutions, thus making Ethereum applications cheaper for ordinary users.

Structural Improvements Resulting from Fusaka Upgrade

Back-end improvements targeting data availability, scalability, and rollup efficiency were among the key features of the Fusaka upgrade. Through better sharing and validation of information across the blockchain, Ethereum was able to ease traffic jams when demand peaked. This translated into quicker block confirmations as seen from an average finality improvement of around 12% over pre-upgrade levels.

Holder Behavior Indicates Confidence Over Long Periods

Data on wallet distribution also suggests growing confidence among investors. The number of mid-term holders  those having ETH for three to six months  increased by more than 9%, indicating that users prefer holding over short-term asset flipping. On the other hand, whale wallets with over 1,000 ETH remained constant, showing little selling pressure at large scales.

Increased Developer and DeFi Activity

There was a significant increase in developer activity evidenced by a 28% rise in smart contract deployments post-upgrade. DeFi protocols experienced increased liquidity inflows while total value locked (TVL) in Ethereum-based platforms expanded by 14%, reversing several months of stagnation.

Looking Ahead

This growth spike positions Ethereum very well for 2026 post-Fusaka. With reduced fees, higher throughput, and improving adoption indicators, it strengthens its position as the foundation for decentralized finance, NFTs, and Web3 infrastructure  but now with some actual figures behind it!