Ethereum Active Wallets Hit Record 175.5M in 2026
Ethereum active wallets reach an all-time high of 175.5M in 2026, with staking demand rising and exchange supply declining.
- Ethereum adds 5.16M active wallets in early 2026.
- Growing staking interest fuels wallet growth.
- Exchange ETH supply continues to drop sharply.
Ethereum Wallet Activity Surges in 2026
Ethereum is off to a strong start in 2026, reaching a record 175.5 million active wallets, according to data from Santiment. This milestone marks the addition of 5.16 million new wallets in just the first month of the year—a strong signal of increasing interest and adoption within the Ethereum ecosystem.
This rapid growth isn’t just about numbers. It reflects deeper shifts happening within Ethereum, particularly around staking and holding behavior.
Staking Interest on the Rise
One of the biggest drivers behind the spike in active wallets is the increasing appeal of Ethereum staking. With Ethereum’s move to Proof of Stake (PoS) gaining maturity, more users are locking up their ETH in staking contracts to earn passive income. This has made Ethereum more attractive to both long-term holders and newcomers looking for lower-risk returns.
More staking means less ETH in circulation, which naturally adds upward pressure to Ethereum’s price. As staking gains popularity, the network also becomes more secure and decentralized—two long-standing goals of Ethereum developers and the community.
Exchange Supply Continues to Decline
Another noteworthy trend is the shrinking supply of ETH on centralized exchanges. The available supply of Ethereum on exchanges is steadily decreasing, a trend that typically signals accumulation rather than selling.
This drop suggests that more users are choosing to store their ETH in private wallets—either for staking or long-term holding—rather than keeping it on exchanges for quick trades. With fewer tokens available for trading, the conditions are ripe for potential price surges if demand continues to grow.
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