DappRadar’s Sara Gherghelas has pointed out that Ethereum dapp activity during 2025 will be capable of matching or even surpassing that of 2024.
She mentioned that Ethereum remains appealing to developers and investors even as faster and cheaper blockchain competitors capture global market share.
Ethereum saw its all time usage in the year 2021 as the market saw all time high transactions and wallets during the last healthy bull run.
Even though activity remained subdued thereafter, the continuous recovery during 2023 and 2024 was due to NFTs, layer two networks, and DeFi expansion.
Gherghelas also indicated that Ethereum remains the basis of Web3 and still leads the higher value sectors like decentralized finance and NFTs.
Ethereum Transactions Led By DeFi And NFTs
Over the last decade, DappRadar tracked over 234 million unique active wallets using Ethereum decentralized applications from all industries.
The platform further recorded more than 452 million decentralized application transactions, led by DeFi, NFTs, and gaming, respectively.
These healthy numbers further entrenched Ethereum’s status as the original smart contracts platform and the driving force behind the creation of Web3.
Ethereum’s price has remained steadfast in recent times, ranging from $3,530 to $3,933 during the past week and recording a 5.8 percent growth.
Market observers mentioned open interest in the futures reaching $58 billion and 7.2% network activity growth within a span of thirty days.
Ethereum Demand Rises With Growing Corporate Interest
Some analysts forecast a breakout in the future, but others raised concerns about wrapped Ether borrowing prices and possible overvaluation tendencies.
Corporations tremendously surged demand and deposited 2.73 million Ether in 65 reserves worth over $10.56 billion worldwide.
Strategic Ether Reserve records revealed the biggest Ether treasury holders to be BitMine, SharpLink Gaming, and The Ether Machine.
Venture capitalist David Grider believed that corporate treasury allocation would be able to help Ethereum in the same manner as MicroStrategy’s Bitcoin buys spurred the progress of the BTC.
Ethereum is set to remain dominant with the further growth of the prevalence of decentralized application usage and treasury demand reinforcement in global corporations.
Data indicates the possibility of Ethereum maintaining its gains until 2025 and holding its own in being capable of fueling innovation and long term global blockchain usage.
