Ethereum Records New High in Weekly Transactions. Will Price Follow?

Ethereum has hit a new milestone, with 889,300 users transacting on the network every week, marking an all-time high. The surge reflects Ethereum’s ongoing role in stablecoins, decentralized finance (DeFi), and trading platforms such as Lighter and Uniswap.

The increase in activity has drawn attention to Ether’s market performance, raising questions about whether the cryptocurrency’s price will move in tandem. According to CoinGecko, ETH is trading around $3,188, up more than 2% in the past 24 hours. Analysts note that high network activity does not always lead to price changes.

the number of transacting users on ethereum just hit a new ALL-TIME HIGH.

889,300 users transacting on ethereum every week.

it comes from ethereum’s dominance across:
> stablecoins
> DeFi
> trading (Lighter, Uniswap)

post-Fusaka ethereum is scaling VERY effectively.

ETH. pic.twitter.com/hBFUGWsUK6

— Joseph Young (@iamjosephyoung) January 13, 2026

Ethereum Scales to Support Growing RWA Activity

Ethereum is also gaining traction as a settlement layer for tokenized real-world assets (RWAs). On-chain data shows that about 77% of Ondo Finance’s total value locked (TVL) sits on Ethereum. This accounts for roughly 11.6% of Ethereum-based RWA TVL.

Ondo issues tokenized assets, including equities, ETFs, and Treasuries, highlighting Ethereum’s use in more institutional-grade applications. The network’s expanding role in RWAs demonstrates growing confidence from users beyond traditional DeFi and trading.

As adoption grows, network upgrades such as Fusaka have become crucial. The Fusaka upgrade enhances Ethereum’s scalability, enabling more users to transact efficiently, reducing congestion, and improving overall network performance.

Ethereum’s Road to Autonomy

Ethereum co-founder Vitalik Buterin recently shared his vision for the network’s long-term independence on X. He described the “walkaway test,” which envisions Ethereum continuing to function safely and effectively even if all current developers ceased to work.

Currently, the network relies on core developers for major upgrades that improve speed, reduce costs, and maintain security. Buterin outlined plans for key enhancements in the coming years, focusing on long-term security, scalability, usability, and decentralization.

Once these upgrades are completed, the blockchain is expected to run mostly autonomously. Future changes will be determined by the community rather than a central team.

As the network becomes more self-sufficient, Ethereum’s record activity underscores its growing influence. Its adoption in real-world settlements further highlights its impact across both the retail and institutional sectors.

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