<ul><li>Ethereum demand is driven by its use in on-chain applications and token transfers, according to a report by CoinShares.</li><li>Investors struggle to see significant value in ETH despite its potential for hosting popular applications.</li><li>ETH usage is concentrated among a limited range of services, with simple token transfers and application interactions dominating.</li><li>Marketplaces like Uniswap and stablecoins like USDT and USDC play a major role in Ethereum's network activity.</li></ul>

Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

Discover more