Marine
@marine
3 weeks passed since Ethereum Merge, but how the overall ecosystem looked like in Q3 2022? Messari State of Ethereum report key takeaways: Full report: https://lnkd.in/eF6UHs-A
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Marine
@marine
A successful transition to Proof-of-Stake reduced the network's energy consumption by 99% and created a path for a deflationary form of currency with an investable yield. As a result, Ethereum may become more broadly adopted by institutional investors.
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Marine
@marine
User activity on Ethereum Layer 2s increased, as the total value locked on both Optimism and Arbitrum reached $1 billion.
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Marine
@marine
Ethereum network hasn't regained the same level of transaction volume and user activity from before the May sell-off.
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