Is Ethereum the Backbone of the Crypto World? đ€
đ According to a Coinshares report, Ethereum (ETH) is rising on two main pillars: Marketplaces and stablecoins.
- Decentralized Exchanges (DEX) and NFT platforms have made Ethereum the blockchain of choice for tokenized assets.
- Uniswap accounted for 15% of Ethereum transaction fees in the first half of 2024. OpenSea, on the other hand, has lost its influence after peaking in 2022.
- The value of stablecoins circulating on Ethereum has exceeded $135 billion, with USDT and USDC leading the way.
What does the future hold? Let's discuss in the comments! đđŹ
