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Over 90% of Ethereum transactions are now handled by four block builders, raising fears of centralization


Key metrics
ETH/BTC Ratio
Ethereum Gas Price
DeFi TVL
Fear and Greed Index
Federal Reserve Balance Sheet
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This analysis focuses on financial metrics for general-purpose L1 blockchains. In many ways, L1s should be viewed as an entirely new asset class more comparable to digital economies than traditional businesses. L1s are the core infrastructure enabling the creation of new-age businesses like onchain protocols.
by Dan Smith
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Blockworks Research