Part 2/4:
The analyst then delves into the health of the Ethereum ecosystem, dispelling the notion that the network is dying. He examines various metrics, including the growth in unique addresses, the dominance of Ethereum in the decentralized finance (DeFi) space, the volume of decentralized applications (dApps), and the number of full-time developers working on the network.
The data paints a picture of a thriving ecosystem, with Ethereum continuing to attract the majority of developers and maintain its dominance in key areas. This stands in stark contrast to the narrative of Ethereum's demise, which the analyst attributes to the perspectives of retail investors who prioritize short-term gains over long-term stability.
The Institutional Perspective
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