Ethereum Is No Longer a One-Chain Ecosystem

Posted on by American Coins & Gold

Ethereum Is No Longer a One-Chain Ecosystem
Earlier this week, Evan Van Ness of Starbloom Ventures and Josh Stark of the Ethereum Foundation released an Ethereum year-end report, The Year in Ethereum 2021, diving into activity on the network last year. Here are some of the report’s most promising developments and trends within the current Ethereum ecosystem.This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here.Adoption from all anglesDemand for blockspace on Ethereum skyrocketed during 2021, with $9.9 billion in transaction fees being paid throughout the year. Since fee per transaction…