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Ethereum continues to reign as the undisputed leader of blockchain networks, backed by a wealth of impressive metrics that highlight its dominance. Over the past 30 days, Ethereum recorded an on-chain transaction volume of $149.9 billion, leaving its closest competitor, BNB Chain, far behind at $26.6 billion. This 37.7% growth over the last month underscores the unmatched activity on the Ethereum network, making it the preferred choice for developers, investors, and institutions.
The network’s Total Value Locked (TVL) is also much higher than that of competing networks, including Solana, at $59.4 billion against Solana’s $8.3 billion, respectively. This clearly shows that Ethereum is better placed to attract and lock in assets in its ecosystem, a clear indication of the strength that Ethereum has put in place to safeguard assets in its ecosystem.
Despite critics highlighting Ethereum’s $7.50 average transaction fees, the network continues to generate crucial revenue, collecting $163.7 million in fees over 30 days. This revenue sustains validators and supports the network's ongoing innovation.
Sustainability is still the main bottleneck on Ethereum, although other issues are also present, and the network has already begun work on it thanks to its roadmap. This is our third time trying to make sharding a reality on Ethereum as well as deploying a zkEVM engine to dramatically up the Transaction-Throughput and lower the costs. These technologies are expected to deliver the sort of scale that will allow it to continue being on top of things in the blockchain world without endangering the security of its main network.
On the other hand, rollups like Arbitrum, Base and Optimism have proved useful in providing a swift and uninterrupted flow of transaction fees to support the network’s solidity at this front.
The value of Ethereum rises with the help of institutional investors, facilitating the high staking-adjusted yield of 2.6 percent while Solana offers 1 percent. Combined with such a high ETF volume of $1,635 billion, Ethereum is proving to be viable and diverse investment assets.
Despite that, competitors like Solana have advanced and collected $338.5 in DApp fees at the same time having ready higher inflation rates for longer-term usage. However, Ethereum's ecosystem is stable and much more secure which makes it better for investors and developers.
Ethereum has been still the leading platform in the sphere of blockchain technologies. It has stable fundamentals, the highest on-chain activity and industry-first features that guarantee it to remain at the top. Thus, regardless of the fact that the scaling issue remains the key headache today, Ethereum’s focus on solving it keeps it as the basis for Web3 and DeFi.
