Does Ethereum Have the Potential to Become the New Amazon Web3?#BinanceWeb3
Ethereum, with a market cap of $296 billion, has captured the attention of institutional investors after the approval of Ethereum Spot ETFs in the United States.🔥✅
Ethereum, the second-largest blockchain by market cap, has always been at the heart of innovation in our ecosystem. Since the approval of the Ethereum Spot ETFs in the United States, blockchain has become increasingly important to institutional investors. So much so that some observers have gone so far as to compare Ethereum to the beginnings of the giant Amazon.
Ethereum: Amazon Web3?⭐🔥✅
With a market cap of $296 billion, Ethereum is the second-largest blockchain in our ecosystem. Meanwhile, Ethereum is also a leader in the decentralized finance (DeFi) space with $47 billion in TVL. 🔥
Last July, Ethereum reached a new milestone in its adoption after the approval of Ethereum Spot ETFs in the United States. However, the results of this ETF have not yet matched those recorded by Bitcoin Spot ETFs. $ETH 🔥