🚀 **CoinShares Report: Ethereum (ETH) and Its Mysterious Future!**

- CoinShares has just released a report revealing that Ethereum (ETH) is currently driven by two main pillars: marketplaces and stablecoins.

- DeFi and stablecoin markets are the main drivers, making Ethereum the backbone of many crypto projects.

- Uniswap accounted for 15% of Ethereum transaction fees in the first half of 2024, while OpenSea also contributed, although it has declined since 2022.

- Over $135 billion worth of stablecoins like USDT and USDC are circulating on the Ethereum network, adding liquidity to DeFi platforms and facilitating cross-border payments.

- However, CoinShares asks, "What's next?" While recent upgrades like Proof-of-Stake and Layer 2 are promising, future innovation is still speculative.

- Ethereum needs to attract more developers to create new decentralized applications (dApps) that can be used everyday.

What do you think? Comment below! 💬