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Etherscan: Summary of Ethereum data in 2020 and predictions for 2021

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Ethereum continues to develop towards a diversified ecological economy.

Original title: "Ethereum in 2020: the View from the Block Explorer"

Original source: Etherscan

Original compilation: 0x26

The well-known Ethereum browser Etherscan released the 2020 Ethereum data summary. The following is a summary of Rhythm:

Transfer volume

From the previous high of 250 million in 2018 to 345 million, an increase of 38%. At the previous high ERC20 token transfer volume accounted for only 35% of on-chain transactions, but now it accounts for 54% of the total. This shows that Ethereum has gradually evolved into a deeper and wider ecosystem.

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Amount of addresses

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The number of new addresses increased by 56% from 84 million in 2019 to 131 million in 2020.

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Gas fee

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Due to the UNI airdrop, the average daily gas fee soared to 710 gwei in June.

With the slowdown of liquidity mining at the end of this year, the gas fee is hovering around 100Gwei. Meanwhile, gas fees have been climbing in U.S. dollar terms due to rising ETH prices. At the beginning of 2021, as the price of ETH continued to soar, the gas fee denominated in US dollars broke the record high again.

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Smart contracts

In 2020, a large number of new smart contracts were generated, reaching 10.7 million, compared to 2019 6.9 million in 2016, an increase of 55%.

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Ethereum 2.0 and L2

The balance of the Ethereum 2.0 mortgage contract is 2,300,066 ETH, and the amount of mortgaged ETH exceeds 2% of the current total supply of Ethereum.

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Another noteworthy data is the source of Ethereum 2.0 pledges. Because of the need to ensure the decentralization of Ethereum 2.0 pledges, 51% of the pledged Ethereum comes from 20 trading platforms, institutions, pledge platforms and other organizations.

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L2 deposit

In 2020, Layer2 is mainly in the testing phase. Some projects are released as beta versions, while others go through multiple iterations. Of those that are still running, Loopring and Tornado Cash have the highest number of deposits.

NFT

NFT has also made great progress in 2020. While some projects have moved to L2 or other blockchain networks. But on the L1 of the Ethereum mainnet, ERC721 still has nearly 5 million transfers.