ETHUSD
Ethereum's on-chain activity continues to grow rapidly, with daily transaction volume approaching 2018 levels when the coin was trading above $ 1000.
The graph below shows a steady increase in the indicator since the beginning of 2020:
[caption id = "attachment_104693" align = "aligncenter" width = "1217"] Data: etherscan [/ caption]
The rise in on-chain activity comes amid the explosive growth of the decentralized finance (DeFi) segment, where Ethereum is at the heart of most applications.
The value of ETH locked on smart contracts for DeFi applications has reached $ 2.71 billion.
[caption id = "attachment_104692" align = "aligncenter" width = "887"] Data: DeFi Pulse [/ caption]
In this segment, the leading landing service Compound is by a small margin from Maker.
The graph below shows a steady increase in the indicator since the beginning of 2020:
[caption id = "attachment_104693" align = "aligncenter" width = "1217"] Data: etherscan [/ caption]
The rise in on-chain activity comes amid the explosive growth of the decentralized finance (DeFi) segment, where Ethereum is at the heart of most applications.
The value of ETH locked on smart contracts for DeFi applications has reached $ 2.71 billion.
[caption id = "attachment_104692" align = "aligncenter" width = "887"] Data: DeFi Pulse [/ caption]
In this segment, the leading landing service Compound is by a small margin from Maker.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.