1/ Ethereum is the backbone of the largest decentralized financial economy in the world. Here’s the data, and why it matters for ETH 📈

2/ Ethereum ecosystem hosts the most TVL. • Ethereum and L2s hold $87B+ in DeFi TVL, 65%+ of all chains. • Since Oct ’23, total TVL 3.6×’ed, yet Ethereum maintains 50%+ dominance.

3/ Ethereum has the highest total value secured. The Ethereum ecosystem secures $1.08T+ across 56 of the top 100 tokens by market cap → over 2.6× the next biggest ecosystem (Solana’s $404B with 20 tokens).

5/ Ethereum hosts the most real world assets. • $7.7B+ in treasuries, credit, and funds now sit on Ethereum and its L2s → 90% of all on‑chain RWAs • RWA supply on Ethereum is up 10× since Jan ’22 Trust isn’t theoretical. It’s on‑chain.

6/ Ethereum hosts the most TVL, stablecoins, & RWAs because it is the most trusted. Trust is earned through security: ✅ 1M+ validators ✅ Multiple clients, no single point of failure ✅ Proven 10-year uptime

7/ Trust → Liquidity → Users → More apps → More trust. Ethereum’s financial system grows because it’s the most secure and the most liquid. This is a compounding loop.

8/ As Ethereum’s economy expands, demand for ETH expands. Ethereum is: • a prospective store of value • collateral for DeFi • the asset securing the network itself --> Read @ElectricCapital's full ETH thesis: