ETH has become significantly large due to its popularity in the cryptocurrency market. Its smart contract capabilities and decentralized applications have made it a preferred choice for many, driving its value and adoption to new heights.
7 answers
CryptoMystic
Fri Dec 27 2024
Ethereum holds a prominent position in the realm of decentralized finance.
Elena
Fri Dec 27 2024
It accounts for 57% of the total DeFi value locked on its blockchain.
Martina
Fri Dec 27 2024
This dominance highlights Ethereum's significance in the DeFi sector.
CosmicDream
Fri Dec 27 2024
Furthermore, Ethereum boasts a lower market size-to-TVL ratio compared to its competitors.
Pietro
Thu Dec 26 2024
This suggests that ether could potentially offer better value to investors.