Ethereum still dominates crypto! 🔹60% of all value in DeFi settles on Ethereum L1 🔹67% when you add L2s like Arbitrum, Optimism, Base 🔹Around 80% when you count other EVM chains like BNB, Polygon, Avalanche So what does settlement even mean? It is the place where money moves are finalized, where the records are locked in, and where big transfers are trusted to stay forever. The best way to picture it is as a nation. Ethereum is the largest nation. 🔹 L1 is the capital city where the government, the courts, and the treasury sit. Every major decision and transfer is recorded here. 🔹 L2s are the provinces. They run their own local economies, but in the end they send their reports and taxes back to the capital. 🔹 EVM chains are other countries. They may speak a similar language, but they have different laws, their own governments, and their own currencies. This is why the numbers matter. Even in a world with many “countries”, Ethereum remains the largest nation in crypto, where...
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