According to the blockchain platform, Dappradar, Dappradar, Dappradar, Dappradar “faster and cheaper”, the activity of the decentralized application on the Ethereum blockchain could be on the right track to equal or exceed the growing competition or exceed “more expensive” alternatives.
The advanced adoption on Ethereum was in 2021, coinciding with the height of the last Bull Run, and was also the year with the “highest number of unique portfolios and the most transactions on Ethereum,” said Dappradar Sara Gherghelas analyst in the report on Wednesday.
The activity was cooled afterwards, but 2023 and 2024 saw coherent levels of engagement thanks to a renewed interest in non -butties (NFT), layer 2 ecosystems and experimental challenge protocols, according to Gherghelas.
This year, “appears on the right track to correspond or even exceed 2024, suggesting that the momentum of the current market could be durable,” she added, explaining it “remains a angular stone of web3, especially in the high value sectors like DEFI and NFT”.
Ethereum is a cornerstone of web3: Dappradar
In the past decade, he followed Ethereum, Dappradar said he had timed more than 234 million unique active portfolios interacting with the DAPPs on the network, drawn by DEFI, followed by NFT and games.
At the same time, it followed more than 452 million transactions linked to the DAPP SUR ETHEREUM, with DEFI MENING, NFTS in the second and the game completing the first three.
“These figures confirm its role not only as a first intelligent contract platform, but as an engine which continues to stimulate innovation and use through the DAPP ecosystem.”
Ethereum Price could be on the verge of breaking
Some analysts believe that the price of the ether is ready for an escape based on the interest open to term reaching a record summit of $ 58 billion on Tuesday and the network activity increasing by 7.2% in the last 30 days.
Meanwhile, others are slightly more cautious because the cost of borrowing in ether package (Weth) has increased and technical indicators indicate a possible overestimation.
The price has increased between $ 3,530 and $ 3,933 in the last seven days and increased by 5.8% in the same period of time to negotiate at $ 3,862, according to Nansen.
Ethereum treasury companies engulf more than 2.73 million ether
Other companies have also started to acquire cryptocurrency as an actor. There are currently 2.73 million ether (ETH) in 65 strategic reserves, which represents 2.26% of the total supply, worth 10.56 billion dollars, according to strategic ether reserves.
In relation: Ethereum 2035: What could the next 10 years look like
Strategic ether reserves shows that Bitmin as the largest treasure ether company, followed by Sharplink Gaming, then the ether machine.
David Grider, partner of the venture capital company Finality Capital, said in an X post on Monday that the company of Ether Treasury “Boom should increase well for the flows of ETH and the action of prices similar to the impact that Microstrategy had on Bitcoin”.
Review: Tradfi built Ethereum L2S for tokenize thousands of Billions in Rwas – Inner history
