Ethereum continues to get fundamentally stronger in terms of becoming a decentralized financial layer and almost a quarter of the supply is now locked in smart contracts.
Industry observer and ETHhub founder, Anthony Sassano, has noted that the amount of ETH locked into smart contracts is similar to that during the DAO event in mid-2016.
“The amount of ETH in smart contracts is now at a similar level to what it was during The DAO event (around 23% of all ETH).”
He added that at the time, it…
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