Ethereum has established itself as the leading blockchain in terms of capital inflows, surpassing $4 billion in recent activity. Driven by the explosive growth of DeFi applications and increased institutional investment, Ethereum stands ahead of all other blockchains combined. This surge is particularly evident in the burgeoning Layer 2 network ecosystem, with Arbitrum and Base attracting significant user and developer engagement. Ethereum’s dominance is further reflected in its record-breaking USDC usage, reaching a new all-time high. 40 billion dollars in outstanding supply of stablecoin USDC on Ethereum has led to a surge in transactions exceeding $635 billion in just the past month.