Ethereum's PoS network had 2,596,246 ETH waiting to join on January 18, with an estimated activation delay of about 45 days 2 hours, validatorqueue data show. BlockBeats reports the rise was mainly due to BitMine recently staking large holdings. The exit queue for staking has been cleared, with no users currently choosing to redeem ETH.

Solana recorded 27.1 million active addresses in the past week, a 56% week-on-week increase, Nansen data show. The network processed 515 million transactions over the same period on January 18, leading all chains in both metrics. BNB Chain and Tron followed.

Hyperliquid launched AXS/USDC perpetual futures with maximum 5x leverage on Jan. 18, BlockBeats reports. HTX data show AXS traded at $2.06 with a 24-hour gain of 52.2%, leading the market. Axie Infinity announced the launch of bAXS, a non-transferable token backed 1:1 by AXS and linked directly to user accounts, aiming to reduce inflationary rewards for genuine players.

USDT on the TRON network saw 22.7 billion new tokens issued over the past year, bringing total supply to 82.4 billion, Lookonchain data show on January 18. USDT holders on TRON increased by 11 million in the same period, lifting the holder count above 70.6 million on the network.

A wallet address linked to the Floki team, 0xf12...3739B, sold 27.4 billion FLOKI tokens for 340.61 ETH about one hour ago, on-chain analyst Ai 姨 (@ai_9684xtpa) reported on January 18. The ETH received is valued at roughly $1.35 million.

Ethereum long positions on major centralized exchanges face potential aggregate liquidation of $920M if ETH falls below $3,200, Coinglass data cited by BlockBeats show. The data indicate cumulative short liquidations on leading CEXs could reach $985M if Ethereum breaks above $3,400. Liquidation charts display the relative significance of each cluster rather than exact contract values, with higher bars representing stronger expected reactions at those price levels due to liquidity waves.

Tom Lee, chairman of BitMine and co-founder of Fundstrat, told a BitMine shareholder meeting on Jan. 17 that Ethereum is positioned at the core of a new wave of financial infrastructure, with 2026 potentially marking a breakout year as tokenization of real-world assets and broader institutional adoption accelerate. Standard Chartered projects ETH could reach $12,000 in 2026, under which Lee said BitMine's theoretical share price would be around $500 based on historical correlation. BitMine currently holds about 4.2 million ETH and roughly $1 billion in cash, projected to generate $402 million to $433 million in pre-tax income under current conditions, rising to an estimated $2 billion to $2.2 billion if ETH hits $12,000 and the company controls around 5% of total ETH supply.

A newly created address withdrew 76,661 ZEC from Binance on January 17, Onchain Lens data show. The withdrawal, valued at approximately $31.65 million, was recorded on-chain.