Regardless of the spurious activity, Ethereum “remains the preferred blockchain for on-chain assets,” ARK Invest reported on Wednesday. The assets on Ethereum now exceed $400 billion, and the global market for tokenized assets could surpass $11 trillion by 2030, it added.
Stablecoins make up the bulk of those assets, with Ethereum commanding a 56% share of stablecoins on-chain, and a 66% share of all tokenized real-world assets when layer-2 networks are included, according to RWA.xyz.
#ETH🔥🔥🔥🔥🔥🔥 #Ethereum #TrendingTopic #crypto $ETH
ETHUSDT
Perp
3,005.03
+2.25%