$ETH Ethereum is a hub for decentralized applications (dApps). Key sectors include:
Decentralized Finance (DeFi):
Platforms like Uniswap, Aave, and Compound offer decentralized trading, lending, and borrowing.
Total Value Locked (TVL) in DeFi continues to grow, indicating strong adoption.
Non-Fungible Tokens (NFTs):
Ethereum powers the majority of NFT projects (e.g., OpenSea, Blur).
Artists, brands, and creators are using Ethereum to tokenize art, music, and collectibles.
Gaming and Metaverse:
Blockchain-based games (e.g., Axie Infinity) and virtual worlds (e.g., Decentraland) are using Ethereum to enable in-game economies.
Enterprise Solutions:
Ethereum is being used by major companies (e.g., JPMorgan’s Quorum) for private and public blockchain solutions.