Here’s How Ethereum Created History Today Amid Price Breakout
The post Here’s How Ethereum Created History Today Amid Price Breakout appeared on BitcoinEthereumNews.com.
Ethereum has entered a pivotal phase after breaking out of a bullish pattern that constrained price action for nearly two months. ETH pushed decisively above a key resistance zone, confirming renewed upside momentum. This technical breakout coincided with a historic surge in network participation, marking a significant moment for Ethereum’s recovery narrative. Sponsored Sponsored Ethereum Breaks 7 Year Record Ethereum recorded an unprecedented 447,000 new investors onboarding within a single 24-hour period. New addresses represent wallets interacting with ETH for the first time. This milestone reflects a sharp acceleration from recent trends, where daily new addresses had already surpassed 300,000 during the past week. The steady rise in first-time participants throughout the last month highlights expanding organic demand. More than 300,000 new addresses have been transacting daily, and the latest spike marked the end of a 7-year record of 351,000. This influx typically aligns with improving price structure, reinforcing Ethereum’s breakout, and supporting sustained recovery. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Ethereum New Addresses. Source: Glassnode Rising address growth also suggests broader adoption beyond speculative trading. Increased participation strengthens network utility, which historically supports price stability during rallies. As fresh capital enters the ecosystem, Ethereum gains resilience against short-term volatility. Sponsored Sponsored Why Are Young ETH Holders Unlikely To Sell? From a macro perspective, the Short-Term Holder Net Unrealized Profit and Loss metric is beginning to trend higher. This indicator tracks profitability among recent buyers and offers insight into selling pressure. While STH NUPL is rising, it remains firmly within the capitulation zone. This positioning is constructive for price continuation. Average short-term Ethereum holders are still underwater, reducing incentives to sell into strength. As long as losses persist, most STHs are likely to hold positions, limiting distribution during the early stages of…
Filed under: News - @ January 15, 2026 4:27 pm