Ethereum’s decentralized app activity is accelerating in 2025, with current trends suggesting it could surpass last year’s performance, according to DappRadar.
Despite rising competition from cheaper and faster blockchains, Ethereum remains the go-to network for DeFi, NFTs, and other Web3 applications.
The platform has now recorded over 234 million unique wallets and 452 million DApp-related transactions, with DeFi continuing to dominate user engagement. DappRadar analysts point to Ethereum’s consistent relevance in high-value sectors, even during periods of broader market uncertainty.
Institutional appetite for Ethereum is also picking up. Data from the Strategic Ether Reserves shows that 65 corporate entities now collectively hold 2.73 million ETH—roughly 2.26% of the total supply—valued at over $10 billion.
Firms like BitMine, SharpLink Gaming, and The Ether Machine lead the pack, signaling growing confidence in ETH as a long-term asset. Some analysts say this corporate accumulation could boost Ethereum’s price in the same way MicroStrategy’s Bitcoin purchases influenced BTC.
Ether is currently trading near $3,862, up 5.8% this week. Futures open interest recently hit a record $58 billion, while network activity rose 7.2% in the past month. Although some caution that wETH borrowing costs are rising and technical indicators appear overheated, others believe Ethereum may be on the verge of a major breakout.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/ethereum-dapp-usage-surges-as-institutions-boost-holdings/