Ethereum

Solana

DappRadar

Optimism

<p>Away from the dreamed peaks of $4,000, Ethereum remains an essential figure in the Web3 ecosystem. Although the price of its native cryptocurrency stagnates, on-chain indicators reveal a promising dynamic. The transaction volumes of Ethereum DApps surged by nearly 38% in a month, far outpacing its competitors. This contrast fuels the debates: will the price of ETH follow this upward trend or will it lag behind?</p>
<h2 id="h-the-numbers-don-t-lie-ethereum-remains-the-leader-of-blockchains">The numbers don’t lie, Ethereum remains the leader of blockchains</h2>
<p>The <a href="https://www.cointribune.com/tag/ethereum-eth/" target="_blank" rel="noopener noreferrer nofollow">Ethereum News</a>: the network reigns unrivaled on the blockchain with <strong>an on-chain volume of $149.9 billion over 30 days</strong>, leaving BNB Chain far behind with only $26.6 billion. This dominance is accompanied by <strong><a href="https://cointelegraph.com/news/ethereum-dapp-volumes-gain-38-in-a-month-will-eth-price-follow" target="_blank" rel="noopener noreferrer nofollow">an impressive growth of 37.7%</a> over the last month</strong>, while BNB Chain declined by 6%.</p>
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<p>Certainly, critics argue about the <strong>high transaction fees</strong> of Ethereum, nearing $7.50, but layer 2 solutions like Arbitrum, Base, and Optimism help soften the blow while reinforcing security through the main network.</p>
<figure class="wp-block-image size-large"><img decoding="async" src="https://s3.cointelegraph.com/uploads/2024-11/0193461c-a80c-7eee-aceb-1e8d00d64e18" alt="classement-blockchain-volume-dapp">
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  Ranking of blockchains based on DApp volumes over 30 days, in USD. Source: DappRadar
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<p>These fees also generate crucial revenue for maintaining validators, with <strong>$163.7 million in fees collected over 30 days</strong>, well ahead of Solana and its $133.4 million.</p>
<p>In numbers:</p>
<ul>
 <li><strong>$149.9 billion in on-chain volume (30 days); </strong></li>
 <li><strong>$59.4 billion in TVL for Ethereum compared to $8.3 billion for Solana; </strong></li>
 <li><strong>Average fees: $7.50 for Ethereum. </strong></li>
</ul> 
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:ETHUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script>
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<p>The stakes remain clear: Ethereum must enhance its scalability without destabilizing <a href="https://www.cointribune.com/en/ethereum-and-layer-2-blockchains-spectacular-surge-in-on-chain-activity-in-the-first-half-of-2024/" target="_blank" rel="noopener noreferrer nofollow">its precious layer-2 ecosystem</a>. A complex equation, but essential for its future.</p>
<h2 id="h-crypto-innovation-at-the-heart-of-ethereum-s-future">Crypto innovation at the heart of Ethereum’s future</h2>
<p>To address scalability challenges, Ethereum’s roadmap focuses on <strong>breakthrough technologies, such as Ethereum 3.0.</strong> The announced return of sharding, coupled with a zkEVM engine, could multiply transactions per second. A strategic innovation that Joe Lubin describes as an opportunity for computing aggregation.</p>
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  https://twitter.com/RyanSAdams/status/1857437367797268501
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<p>However, these advancements take time. During this period, <strong>Ethereum remains a favored option for institutional investors</strong>. Indeed, its staking-adjusted yield (2.6%) outperforms that of Solana (1%), attracting crucial capital.</p>
<p>Meanwhile, Solana, although performing well in DApps ($338.5 million in fees generated), is marked by <strong>higher inflation</strong>, hindering its long-term prospects.</p>
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<p>Thus, Ethereum continues to shine as the undisputed leader. With <a href="https://www.cointribune.com/en/ethereum-on-the-rise-etfs-reach-an-unprecedented-milestone/" target="_blank" rel="noopener noreferrer nofollow">ETF volume reaching a record $1.63 billion</a> last week, it remains a solid reference. While scalability challenges persist, its strong fundamentals and capacity for innovation offer hope for brighter tomorrows.</p>
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Crypto: Why Ethereum Remains The Uncontested Leader Despite Its Limitations

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