Ethereum’s 2025 Domination: $99B DeFi & $18.8T Stablecoin Shenanigans 🚀
According to a New Year’s proclamation on X (because who needs a speechwriter?), Ethereum’s DeFi TVL hit $99 billion-nearly ten times the next Layer 1’s pitiful offering. Meanwhile, stablecoin volume zoomed to $18.8 trillion, because nothing says “financial stability” like trusting a computer code more than your bank. Transaction fees? They dropped lower than a snake’s belly in a wagon rut. Layer 2 networks now cost less than a cup of coffee-though what kind of coffee, I dare not ask.



![The research demonstrates a performance trade-off, assessed via an R-D curve on the Bicycle scene from the MipNeRF360 dataset, wherein varying [latex]\lambda_{ssim}[/latex] values-ranging from 0.1 to 0.4-influences the method’s results when benchmarked against PCGS and GoDE.](https://arxiv.org/html/2601.04348v1/images/R-D_Curve.png)



