Ethereum (Ethereum) The network recorded a sharp rise in the number of new users during the first quarter (Q1) of 2026, reaching a new all-time high (ATH).
The Ethereum chain gained approximately 284,100 new users during the first three months of 2026, according to Data from Artemis Analyzed by Finbold on April 15. As such, the blockchain recorded an 81.5% spike in news users as of Q4 2025.
New usages on the Ethereum network have been gradually gaining on a quarterly (QoQ) basis since Q4 2024. As a result, total daily active users (DAU) jumped 48% QoQ to around 755,400 in Q1 2026, according to Updates from Artemis.
What is driving the surge in new Ethereum users?
The Ethereum network has recorded explosive growth in new users in the past few quarters, driven by its dominance over stablecoins. Moreover, more institutional investors have used this network to launch their own stablecoins in the past year, and this move has accelerated following the Genius Act – a US federal regulatory framework for stablecoins.
Furthermore, the supply of stablecoins on the Ethereum network reached approximately $130.3 billion during Q3 2025, when the Genius Code was enacted. However, the supply of on-chain stablecoins increased in subsequent quarters to reach $171.2 billion in Q1 2026, based on metrics from Artemis.
As of press time, the network had approximately 22.41 million stablecoin holders, up 4.4% over the past 30 days in line with updates from RWA.xyz. Meanwhile, the Ethereum blockchain added more users in 2026, supported by a rising supply of real assets (RWA), which reached about $16.3 billion, up 11% in 30 days, as reported by RWA.xyz.
