#ETH – The Backbone of DeFi and Beyond
Ethereum remains the leading platform for smart contracts, powering a vast array of decentralized applications:
– DeFi Dominance: Most lending, borrowing, and DEX activity runs on Ethereum, driving consistent demand for ETH.
– Layer‐2 Expansion: Rollups like Arbitrum and Optimism are onboarding users by the millions, slashing gas costs and unlocking new use cases.
– Staking Growth: With over 25 million ETH locked in staking, supply tightens and long‐term holders benefit from passive yield.
– Deflationary Supply: EIP-1559 burns ETH during network spikes, often outpacing issuance and reducing circulating supply.
– Major Upgrades Ahead: Upcoming protocol improvements (e.g., Pectra) will enhance validator efficiency, reduce MEV risks, and strengthen decentralization.
As institutional interest grows through spot ETH products and DeFi continues to innovate, Ethereum’s role in the digital economy is more vital than ever.
#Ethereum #ETH #DeFi #Layer2 #Staking
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