Ethereum achieved a new milestone in Q4 2025, with 8.7 million smart contract deployments, marking a record high for the network. This surge in developer activity and usage was highlighted by data from Token Terminal, indicating robust growth in the Ethereum ecosystem. On the price front, Ethereum approached a significant technical level, testing $3,143. This price point was identified by More Crypto Online as a key target within the Elliott Wave pattern, specifically as a wave (c) target, suggesting potential further movements in the cryptocurrency's valuation.