Ethereum has quickly become the blockchain protocol of choice for enterprises for a variety of reasons, including its Ethereum open source community, programmable smart contract features, a clear roadmap, and the reputation of global enterprises. In fact, more than half of the billion-dollar companies in the Forbes “Top 50 Blockchain: Billion Dollar Babies” list are using Ethereum. Emerging markets such as DeFi are showing significant growth; as of July 2021, 9.3 million Eths have been locked in DeFi. Other signs of Ethereum’s exponential growth are the number of Dapps and Ethereum addresses. According to data from the encrypted application tracker State of the Dapps, as of March 2021, there are more than 3,000 Dapps running on Ethereum. As of May 2021, there are more than 150 million unique Ethereum addresses.
