Ethereum adoption jumps — wallets 3x Bitcoin
Ethereum wallet adoption reportedly now outpaces Bitcoin by roughly 3-to-1 while ETH has rallied to $2,111, signaling stronger network effects and renewed institutional derivatives activity (open interest north of $30B). The surge is pushing ETH toward the $2,123–$2,200 resistance band that could decide the next leg up or consolidation reported reported.
Santiment’s long-run dataset shows Ethereum first overtook Bitcoin in addresses holding a balance on February 11, 2019, and that structural lead has expanded in subsequent multi-year snapshots. btcc.com Ethereum Layer‑2 ecosystems now account for roughly $33 billion in combined TVL, with Arbitrum alone holding about $14.15 billion, linking wallet growth to L2 liquidity migration. defispace.net Arbitrum’s on‑chain dashboard reports 77M+ wallets connected and roughly $16.15 billion bridged into its chains, underlining where new Ethereum activity is concentrated. portal.arbitrum.io Derivatives flow is measurable in ETH units as well: exchange open interest recently topped ~13.67 million ETH, the highest since late January on some venues, while institutional product launches expanded access. ad-hoc-news.de AI and analytics funding is accelerating around this market backdrop: TRM Labs closed a $70M Series C to scale AI‑driven blockchain intelligence, Donut Labs raised $15M seed to build an AI crypto‑trading browser, and Bybit rolled out AI Trading Skill for automated agents — all signaling more ML tooling feeding into liquidity and risk systems. trmlabs.com Macroeconomic and advisory context is shifting portfolio behavior: the S&P 500 fell about 0.6% to ~6,632.19 on March 13, 2026 amid risk‑off moves even as spot ETF channels logged daily inflows (≈$57M reported), and the Bitwise/VettaFi 2026 survey found 32% of advisors allocated crypto to client accounts in 2025 with many sourcing allocations from equities — Bank of America has signaled a typical wealth‑management band of 1–4%. fool.com
