All charts are available at the AnalytEx Ethereum Charts & Statistics.

Ethereum Activity Index

Ethereum activity index is calculated automatically based on a combination of several factors, such as active wallets on the network, gas used, transaction statistics. It shows the activity of users on the Ethereum network. eth activity index historical chart (source: app.analytex.today)

In December, the index showed an average of 48 points, which is a little bigger than previous months.

The minimum value was observed on December 25th and was 40 points. The maximum value was observed on December 9th and amounted to 80 points.

Interestingly, the peak of activity falls on the 9th-10th day of each month for several months in a row.

Ethereum transaction statistics

Average number of Ethereum transactions per day has been declining for more than 7 months now

In November, the total number of Ethereum transactions was 31,264,848 with average daily volume of 1,042,161 transactions. The number of Ethereum transactions in December was 32,114,441 with average daily volume of 1,035,949 transactions. Compared to November, the average number of transactions per day in November decreased insignificantly by 0.59%, but it is still the decline, which has been lasting for 7 months now.

eth average number of transactions per day (source: app.anayltex.today)

The highest average number of transactions in December was made on the ninth with a peak of 1,932,711 transactions.

eth transactions peak, December 2022 (source: app.analytex.today)

Ethereum block statistics

Average number of Ethereum blocks per day has changed by just 0.01%

Ethereum total block size per month has increased by 5.36%

In December, The Ethereum Average Number of Blocks Per Day chart shows the interesting statistics. The average number of Ethereum blocks per day in October was 7,157, the average number of Ethereum blocks in November was 7,158, and the average number of Ethereum blocks in December was 7,159. The difference is only 1 block or 0.01% per month. After the merge, this indicator is very stable.

eth average number of blocks per day in December 2022 (source: app.analytex.today)

The average block size was 0.51 Gb in November. In December, this value was 0.52 Gb. The average size of blocks mined per day has increased by 1.96% like in the previous month.

eth average daily block size (source: app.analytex.today)

The Eth Total Block Size Per Month, Gb chart shows that the total block size in November was 15.28 GB, in December it was 16.1 GB. The value has increased by 5.36%.

ethereum total block size per month (source: app.analytex.today)

Ethereum gas prices statistics

Average Ethereum gas price decreased by 19.16% in December

In December, the average Ethereum gas price was 19.2 gwei, in November it was 22.88 gwei. The gas price decreased by 19.16%.

eth average gas price per month (source: app.analytex.today)

The minimum value of the gas price in December was recorded on the 25th and was 13.67 gwei. The maximum value was recorded on the 9th and was 42.47 gwei.

ethereum average gas price per day in December 2022 (source: app.analytex.today)

Ethereum new smart contracts statistics

The number of ERC-20 tokens created in the Ethereum network in December increased by 3.66%

The number of ERC-20 tokens created on the Ethereum network in December was 9,382, In November this figure was 9,050. It has increased by 3.66%. Only the Ethereum blockchain shows a slight increase in this indicator, the rest of the EVM Competible blockchains reduced this indicator, or remained at the values of the previous month.

Ethereum active addresses statistics

In December, the average number of unique active crypto wallets per day increased by 6.45%, but the average number of unique active smart contracts decreased by 10.9%.

AnalytEx engine is able to track a number of unique daily and monthly addresses of active crypto wallets and smart contracts in various blockchains distinguishing the addresses by signatures of wallets and smart contracts.

In November, the average number of unique active crypto wallets per day in the Ethereum blockchain was 401,577, in December this figure was 427,498, so it is an increase of 6.45%. The indicator is up compared to November, but still well below the Autumn values.

ethereum average number of daily active wallets (source: app.analytex.today)

In turn, the number of active smart contracts has decreased. This value in November was 25,100. It was 22,633 in December. It is a decrease of 10.9%.

ethereum average number of daily active smart contracts (source: app.analytex.today)

Ethereum price

In terms of price action, ETH peaked at roughly $1,650 in November before a big sell-off that was triggered by the collapse of the FTX cryptocurrency exchange. On November 22, ETH found support at $1,080 and proceeded to recover towards $1,300 at the end of the month. In the crash in early November, ETH dropped below its 50-day simple moving average, and it has stayed under this key moving average since. Interestingly enough, the $1,650 top in November touched the 200-day simple moving average, but there wasn’t enough bullish pressure to break through.

During November, the RSI for Ethereum stayed in the neutral zone, except for a very brief time on November 8 when it entered the oversold zone. After this, the RSI slowly climbed towards 53.5, and stabilized around this level.

Ethereum SMA50 (green), SMA200 (purple), and RSA14 (2nd chart) (source: CoinCodex)

At moment of writing, it’s difficult to imagine a bullish short-term narrative for ETH, as most technical indicators are flashing bearish signals.

Data-driven conclusions

In terms of data, December continues the downtrend in every way, from the decline in the number of transactions to the decline in the cost of gas. At the same time, statistics are improved by single peaks, usually associated with mints of NFT collections, such as, for example, December 9th. All EVM Compatible blockchains have seen a decline in the creation of new tokens, with the exception of the Ethereum blockchain, in which this indicator has slightly increased, as well as the number of active wallets. What awaits us in the new year, we will know very soon.

All charts are available at the AnalytEx Ethereum Charts & Statistics.