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2025-12-30 02:36:11

Ethereum Activity Breaks Records as Technical Structure Targets $3,143

Ethereum closed 2025 with a surge in on-chain activity, while short-term chart structures outlined a clear technical checkpoint. Together, the data highlighted growing network usage alongside a defined market setup heading into year end. Ethereum contract deployments hit quarterly record in Q4 2025 Ethereum posted a new quarterly high in smart contract deployments in the fourth quarter of 2025, according to a Token Terminal chart shared on X by the BMNR Bullz account. The graphic showed 8.7 million contracts deployed in Q4 2025, marking the highest quarter on the chart’s timeline. Contracts Deployed on Ethereum (Quarterly). Source: Token Terminal The chart tracked quarterly contract deployments from 2016 through 2025 and showed a sharp jump in the final bar, which stood well above prior peaks. Earlier quarters in 2025 also printed elevated readings, but the Q4 total topped them and reset the series high. BMNR Bullz described the record as an “all time high in developer activity” and linked higher contract counts to expanding on chain building. Smart contract deployments can reflect new applications, upgrades, and infrastructure releases, although the metric does not show how many contracts later see sustained use. The post framed the data as a signal to watch beyond market moves, while the chart itself focused only on deployments and did not include price or trading figures. Ethereum tests first wave target near $3,143, analyst says Ethereum moved higher into late December trading as a short term structure outlined by More Crypto Online pointed to $3,143 as the first ideal target for wave (c) of a broader circle wave B. The view was shared alongside a 30 minute ETHUSD index chart that mapped Elliott Wave counts and Fibonacci retracement and extension levels. Ethereum U.S. Dollar 30 Minute ETHUSD. Source: More Crypto Online The chart showed Ethereum breaking above a descending trendline after holding a lower support band marked between roughly $2,827 and $2,895. That zone aligned with the 61.8% to 78.6% Fibonacci retracement area, which the analyst treated as the base for the current rebound. From there, price pushed through intermediate resistance and moved back above the $3,000 handle. According to the projection, the $3,143 area lines up with the 100% Fibonacci level for the current move, making it the first technical checkpoint for wave. Higher extension levels were also marked on the chart, but the post focused on $3,143 as the initial objective rather than a final destination. The structure remains framed as corrective within a larger pattern, with subsequent price behavior expected to determine whether the move extends or stalls.

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