Ethereum is attracting new users at an accelerating pace. Fresh onchain data reveals a notable uptick in newly created wallets, reflecting growing interest in the ecosystem. What's driving this momentum? Multiple factors are converging here: DeFi protocols continue to mature and offer compelling yield opportunities, stablecoin transactions keep expanding as both a store of value and trading pair, NFT activity remains a draw for digital collectibles enthusiasts, and emerging onchain applications are lowering barriers to entry. The combination creates a compelling entry point. Whether these newcomers stick around and become active participants will depend heavily on user experience improvements and sustained utility. Still, the raw numbers suggest Ethereum's infrastructure is proving increasingly attractive to mainstream and experienced crypto participants alike.