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Author Topic: Put to Good Use: Ethereum Racks Up Serious Numbers to Set Benchmarks  (Read 2793 times)

Offline Riya143

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The popularity of DApps, DeFi tokens and their increasing market share of the Ethereum ecosystem as a result of platform’s evolution?
Ethereum’s dominance as the preeminent smart contract blockchain platform has been boosted by the popularity of decentralized finance and decentralized applications tokens in 2020, with ERC-20 tokens now accounting for nearly half of the assets on the blockchain.

The smart contract platform has been in existence for just under five years and, in that space of time, has established itself as the blockchain of choice for DApp developers. Adding substance to that claim is data indicating that Ethereum has overtaken Bitcoin as the blockchain with the highest daily settlement value.
Read More: https://cointelegraph.com/news/put-to-good-use-ethereum-racks-up-serious-numbers-to-set-benchmarks
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IyemRoker

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Re: Put to Good Use: Ethereum Racks Up Serious Numbers to Set Benchmarks
« Reply #1 on: July 27, 2020, 05:45:31 PM »
Less than 5 years it was indeed extraordinary because to make Ethereum which has a level of establishment in terms of the blockchain was truly extraordinary.
Nearly 50% of the blockchain in the cryptocurrency market is the result of erc20 or Ethereum.

I think Ethereum will continue to be remembered until Ethereum is able to align between those who have transaction fees and their users because the transaction costs for ETheruem are currently very expensive!

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Re: Put to Good Use: Ethereum Racks Up Serious Numbers to Set Benchmarks
« Reply #2 on: July 28, 2020, 09:54:09 PM »
Ethereum has indeed gained very high price momentum over the past week. On July 21, it had a price of $ 236, and on July 27, it was already $ 327. In six days, the price increased by almost a hundred dollars. True, since yesterday it has slowed down in price and even began to fall a little, now dropping to $ 317.
However, given the fact that in the past few days bitcoin began to rise in price rapidly, and all altcoins began to rise behind it, ethereum will continue to rise in price.

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Re: Put to Good Use: Ethereum Racks Up Serious Numbers to Set Benchmarks
« Reply #3 on: July 31, 2020, 12:05:59 PM »
We cannot say any more words because Ethereum is an altcoins of crytpocurrency that has magic power in a smart contact system.
With these smarcontracts, almost all of the altcoins that were created use samartcontracts from Ethereum.

So, it is only appropriate that Ethereum is able to be at the highest peak in Benchmark ratings and it is very natural for us to support EThereum.
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