The growing popularity of decentralized finance (DeFi) services has led to the fact that the total capitalization of tokens on the Ethereum blockchain exceeded the ETH cryptocurrency itself. The Defiant new editor-in-chief Camila Russo shared this observation.
Taking the data from the Etherscan browser as a source, she compiled a table, judging by which the capitalization of the second crypto coin is $27 billion, a similar indicator for ERC-20 tokens is $33 billion.