Ethereum On-Chain Data Fuels Bullish Outlook as Analyst Eyes 30% Surge » CoinEagle

Key Points

• Ethereum network activity reached record levels in transactions, users, and stablecoin transfers during 2025.
• Market data shows strong capital inflows alongside technical signals suggesting a potential 30% price move.

Ethereum (ETH) closed 2025 with notable growth in on-chain usage, even as its price remained below a new cycle high.

Network data indicates expanding real-world adoption reflected in rising payments, users, and asset issuance.

Rising Stablecoin and Network Activity

Stablecoin transfer volume on Ethereum exceeded $8 trillion in the fourth quarter, doubling levels recorded earlier in the year, according to Token Terminal.

This growth coincided with increased stablecoin issuance, with total supply on the network rising from $127 billion to $181 billion by the end of 2025 based on BlockWorks data.

Daily transactions reached a new high of 2.23 million in late December, representing a 48% increase year over year using Etherscan figures.

Active monthly addresses climbed to 10.4 million in December, while daily sending and receiving addresses surpassed one million, reflecting higher user participation.

Market Position and Price Dynamics

Research from RWA.xyz shows the Ethereum network holds about 65% of total on-chain real-world asset value, rising above 70% when related networks are included.

The network also accounts for roughly 57% of all stablecoins in circulation, with Tether maintaining more than half of its supply on Ethereum.

Investment data from SoSoValue shows spot Ethereum ETFs experienced $161 million in weekly net outflows, suggesting some short-term caution.

At the same time, CoinShares reported $12.7 billion in total ETH inflows during 2025, marking a 138% annual increase and the strongest growth among digital assets.

Technical analysis cited by analyst Ali Martinez identifies a symmetrical triangle pattern on Ethereum’s daily chart, with price consolidating near $3,130.

A breakout above resistance could target the $3,900–$4,100 range, while a breakdown below support may expose the $2,200–$2,300 zone based on prior range projections.