Ethereum is reaffirming its leading position in the cryptocurrency ecosystem by ranking first among all networks in stablecoin supply, according to data from Token Terminal. Not only does it surpass others in scale, but the usage of stablecoins on Ethereum is also accelerating significantly. The volume of stablecoin transfers on this network has reached an all-time high, reflecting the growing demand for transactions from both individual and institutional investors.
Additionally, the number of active monthly stablecoin sending addresses has hit a new record, indicating a strong expansion in user participation. This development reinforces Ethereum’s central role in decentralized finance (DeFi) infrastructure and on-chain payment activities. With abundant liquidity and a rich ecosystem of applications, Ethereum continues to be the preferred destination for stablecoins, despite increasing competition from other blockchains.
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Objective: All users (individuals and institutions) should have a clear pathway to leverage, scale, and benefit from the core attributes offered by Ethereum.
Best Path: Leverage the unique capabilities of each layer, strengthen Ethereum's core attributes, and unlock significant value for end users through these attributes.
Evolution of Layer Roles: As the ecosystem grows, the responsibilities of each layer are changing:
Past: L2's primary objective was scaling Ethereum, followed by providing differentiation and customization space. The greatest leverage was in scaling.
Present: L2's primary objective is to provide differentiated features, services, customization, go-to-market (GTM) strategies, and control
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