NFT and DeFi-Based Projects Choose Ethereum Blockchain: Three Reasons Why4 min read 05 Jul 2022, 07:58 PM IST
In this editorial, we will go through the main reasons why Ethereum still reigns supreme, despite available alternatives like Cardano (ADA) and Solana (SOL), by looking at the new upcoming project, Big Eyes (BIG)
If you follow crypto at least with one eye half-open, there is a good chance that you know that the Ethereum (ETH) blockchain dominates DeFi and NFTs markets. More than 80% of DeFi protocols are connected to Ethereum, while 70% of all NFTs are either made on the Ethereum blockchain or use ETH as the primary valuation currency.
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