<ul><li>Ethereum is experiencing a surge in new wallet creation, with 130,200 new addresses added daily in December, marking an 8-month high.</li><li>On-chain metrics show strong growth, with active addresses up 4.24% and new addresses rising by 2.65%, signaling building momentum.</li><li>CryptoQuant predicts that Ethereum could surpass $5,000, as supply and demand dynamics strengthen despite short-term price weakness.</li><li>While Ethereum may face short-term weaknesses, the long-term potential for growth remains intact, fueled by increased wallet creation and promising price signals.</li></ul>

Ethereum (ETH) Strong Momentum: 130K New Addresses Daily and $5K Potential

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