The crypto market has grown too large with a total market capitalization of approximately $1.21 Trillion
. Institutions looking to stay ahead of technological advancements must pay attention to the experimentation and innovation happening in the cryptocurrency industry. Layer-one platforms such as Ethereum
are expanding the capabilities of blockchain technology
beyond digital money. They are driving innovation in various sectors, making blockchain technology more versatile, and providing solutions for real-world problems. Stablecoins, decentralized finance (DeFi) protocols, and non-fungible tokens (NFTs) are among the top innovations built on layer-one platforms like Ethereum that have caught institutions' attention.