Ethereum better than Bitcoin?
People are starting to understand the true potential of ethereum which far exceeds that of bitcoin.
**Already in the second half of 2020 we saw a growing interest in cryptocurrencies by institutions, even if the focus was on bitcoin, the growth of ethereum from its March low was 1200%, while that of bitcoin by 700% .** **Ethereum is the leading platform for building blockchain projects and launching decentralized applications, despite having many competitors such as, Polkadot, Cardano, Tron, Cosmos etc. continues to be a leader in the sector.**
**Over the course of 2020, more than $ 1 trillion worth of transactions were recorded on the Ethereum blockchain.** **Also, Keep in mind that every transaction generates network fees paid in ETH.** **As for the DeFi sector, Ethereum is the main platform for creating and launching most of the new DeFi projects and stablecoins.** **Since the beginning of 2020, the total value locked in decentralized finance has grown by nearly 3,300%, from 687 million to 23.2 billion dollars.**
**Even large listed companies continue to show interest in this new type of asset.** **In August 2020, Archax and Algorand revealed their intention to develop tools to introduce DeFi across institutions.** **It seems that the attention of large investors is shifting to other sectors of the crypto world and some of them are linked to Ethereum.**
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