The cost of transactions in Ethereum applications exceeded $ 12.8 billion
In 2019, the total transaction value in decentralized applications based on the Ethereum blockchain reached $ 12.8 billion, exceeding similar indicators in the EOS ($ 6.1 billion) and TRON networks ($ 4.4 billion). This is evidenced by the Dapp Review study.
Ethereum also continues to lead in the number of dApps deployed – currently there are 1,223 active decentralized applications on the network, 668 of them were created in 2019.
According to experts, one of the impetus for the development of the Ethereum blockchain was the growth of the DeFi market – a huge proportion of the operations are accounted for by the services launched within this ecosystem. In 2019, the monthly number of unique DeFi users was 40-60 thousand people.
Huang Renxun, CEO of Nvidia, has publicly stated that there is a problem of excess inventory and they are selling video cards at a lower price. Graphics card manufacturers including ASUS, MSI, GIGABYTE, ASRock, Huanxun, Leadtek, Biostar and Chengqi will also continue to face the pressure of price cuts and stock adjustments in the second half of the year.
Vitalik expressed support for Optimism's governance structure and the OP gas proposal. The Ethereum co-founder has often advocated that projects do away with coin voting in DeFi and DeGov, as this would give smaller holders a chance to actually participate in governance. Ethereum co-founder Vitalik Buterin supported Optimism's new governance structure, noting that proposals such as using the OP token to pay for gas demonstrate a "clear representation of non-tokenholder interests."