Ethereum has seen a record surge with 393.6K new wallets created in a single day, driven by the Fusaka upgrade and increased stablecoin activity. This heightened adoption and network usage contribute to bullish sentiment on ETH's price, with forecasts predicting a rise near $3,754 by February 2026. Market indicators currently show neutral sentiment but growing investor interest as Ethereum aims to reclaim the $4,000 level by early next year.

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