Ethereum Smart Contract Surge Signals ETH Rally Potential
Ethereum’s 180-day moving average of new smart contracts hit a record high after the 2025 Pectra upgrade, which boosted throughput to 100,000 TPS and cut gas fees by 90%. This surge reflects growing developer activity across DeFi, NFTs and enterprise applications. On-chain data shows aggressive whale accumulation. Large holders increased net ETH by 36.6% in the past week and 457.7% over 30 days. Spot exchange inflows totalled $21.6 million, signaling possible profit-taking and selling pressure. Derivatives markets remain balanced, with longs at 50.4% and shorts at 49.6%, indicating trader caution. Traders should monitor smart contract deployments, whale netflows and daily exchange inflows to gauge Ethereum momentum and potential price rally.
Bullish
Record growth in Ethereum smart contracts and a major reduction in gas fees after the Pectra upgrade have driven strong developer activity. Significant whale accumulation—up over 36.6% weekly and 457.7% monthly—underscores institutional demand. Although spot inflows of $21.6 million suggest short-term profit-taking and derivatives positions are balanced, the robust fundamentals support a bullish outlook. In the short term, traders may see volatility around exchange flows. Over the longer term, enhanced network throughput and sustained whale demand could propel ETH higher.