3 the reason why Ethereum’s market cap dominance is on the rise

has been the dominant good contract and decentralized utility (Dapp) community since its inception. An evaluation primarily based on Ether’s value (ETH), and its market capitalization, exhibits indeniable proof that the blockchain has been gaining market share over time.

As proven above, Ether’s dominance in market capitalization phrases grew over the previous couple of years, from an 18% common in July 2021 to the present 20%. Excluding (BTC) from the evaluation, Ether’s market share presently stands at 40.6%, whereas the subsequent competitor, BNB, holds a 7.2% share.

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