The Road to a Trillion Dollar ETH

For more than five years, the application TVL on Ethereum has established a floor for ETH's valuation.

Should this trend continue to hold, ETH should reach a market cap of one trillion dollars once the application TVL on Ethereum surpasses that threshold.

Fully diluted market cap of ETH (line) & application TVL (area) on Ethereum
Fully diluted market cap (ETH)
$381B
Application TVL (Ethereum)
$338B

Top Ethereum builders, based on contributions to application TVL: