1/ Ethereum is the backbone of the world's largest decentralized financial system. Here are the core data and its significance for ETH. ⬇️
2/ The total value locked (TVL) of the Ethereum ecosystem leads the entire network: • The decentralized finance (DeFi) market on Ethereum and its L2 has a TVL of over $87 billion, accounting for 65%+ of all public chains • Total TVL has increased by 3.6x since October 2023, while Ethereum still maintains its 50%+ dominance
3/ Ethereum has the highest "Total Value Secured" (TVS) on the entire network: The Ethereum ecosystem provides security for 56 tokens in the top 100 by market capitalization, with a total value of more than $1.08 trillion→ which is 2.6 times that of the second largest ecosystem (Solana's $404 billion, 20 tokens).
5/ Ethereum hosts the most real-world assets (RWA): • Government bonds, credit, funds, etc., totaling over $7.7 billion, distributed across Ethereum and its L2 → accounting for 90% of on-chain RWA • Since January 2022, the supply of RWA on Ethereum has increased tenfold.
6/ Ethereum can carry the most TVL, stablecoins, and RWAs because it is the most trustworthy. Trust Comes from Security: ✅ Over 1 million validators ✅ Multi-client architecture with no single point of failure ✅ Ten years of stable operation
7/ Trust → Liquidity → Users → More Apps → More Trust. Ethereum's financial system continues to grow because it is the most secure and liquid. It's a compound interest cycle.
8/ As Ethereum's economy continues to expand, so does the demand for ETH. ETH is: • Potential reserves of value • DeFi collateral • Safeguard the core assets of the network → Check out @ElectricCapital's comprehensive discussion of ETH:
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