CoinShares: Ethereum’s transaction demand is concentrated in a few speculative use cases

Odaily Odaily News According to a report released by CoinShares, Ethereum's transaction demand is concentrated in a few speculative application scenarios, limiting its long-term value growth. The report pointed out that although the Ethereum ecosystem is expanding, the main driving force is the user's willingness to pay for transactions, especially on decentralized exchanges (such as Uniswap), where transaction fees account for more than 90%. At the same time, stablecoin transactions have also become one of the core activities of the network. With the rise of Layer 2 expansion solutions, the demand for Ethereum has declined, and the challenge in the future is to promote the development of on-chain applications with long-term value. (TheBlock)