Ethereum Sees Record Surge in New Addresses, Potential Short-Term Correction Ahead
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Network Growth Surge: Ethereum's network experienced a record increase in new addresses as of January 7, prompting analysts to warn that this could signal a market peak, potentially leading to short-term corrections that may impact the valuations of ETH and related L2 tokens.
- Market Reaction Focus: Analysts emphasize the need to closely monitor the performance of L2 tokens, as many share direct economic ties with Ethereum's mainnet, and changes in the network fee structure could influence institutional investors' decisions.
- Historical Trends Warning: Historically, similar surges in Ethereum's network growth have often preceded short-term corrections, with experts predicting ETH prices could fluctuate within the $2,600 to $2,800 range, although long-term trends may remain positive.
- Institutional Interest Continues: Despite market volatility, institutional entities like BlackRock continue to focus on Ethereum's core role, indicating potential investment opportunities amidst uncertainty.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
