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Decentralized applications built on the Ethereum blockchain hit a transaction volume of $ 10.17 billion by Q2 2020, according to Dapp.com.

In a new report, Dapp.com says Ethereum leads in terms of transaction volume, outnumbering all other blockchains.

 In Q2, ETH DApp's transaction volume was still leading the way forward, maintaining the size of $ 10 billion - almost 10 times the total of EOS and TRON.

 The remaining smart contract blockchains, including EOS, TRON, Steem, Hive, Chiliz, Terra, ICON, Klaytn, NEO, Tomochain, IOST, and Vexanium, generated a total of $ 2.26 billion in the second quarter of  year.

 The report also found that the number of DApp users active on Ethereum, Tron, and EOS increased significantly in the quarter ending June.

 Ether Ethereum more than doubled (97%) active DApp users in Q2, with a sharp increase from 637,278 in the first quarter to 1,258,527 this quarter, reaching its highest value.  At the same time, the number of DApp users active on EOS and Tron also increased 30% and 50%, reaching 116,389 and 392,657, respectively.

 Although transaction and user volumes increased, there were only 99 new DApps this quarter across all 12 blockchains, representing the lowest number of new DApps launched in three years.
Do you think ETH price will reach 500 $ by the end of this year?
https://blogtienao.com/wp-content/uploads/2020/06/ConsenSys-ra-mat-dich-vu-staking-cho-ethereum-20.jpg

I just see that billion dollars have been getting stuck on the UNI, sushi and any other dapps.
EOS and TRON being used to run the dapps gambling platform and that's why both were having a lot of txs more than ethereum but less money being collateralized in dapps platform.

$500 looks a very easy to be achieved by ethereum as soon as possible. Dude, we are $30 less from the $500

Now imagine that volume if Ethereum could be sent instantly and with virtually zero gas fees?

That's what Stakenet is working on, and they already achieved instant BTC transactions btw ;).

Cool thing is, investors profit off of the trading fees on their instant tradeable DEX. It's a win/win for everybody!

This number is really big to depict the Ethereum network transactions but still, the price of the ETH has not grown yet. So, this may be the false figure that you have mentioned here. This because now the transaction fees are declining gradually hence it indicates that the transactions are declining.

The price of ETH is about $480 just a day ago. If it bounces up again tomorrow of the next day, it could just cross that $500 already and could be more than $500 before the year end.  I think it's just BTC and ETH that is experiencing the bullrun. More money will come into BTC and ETH people small investors will likely just sell to get BTC and ETH.  $800 is possible actually.

It is inconceivable that ethereum uses a transaction fee of 0, because we know it will not be possible, but this fee issue is likely to be resolved once ETH 2.0 is fully released, so the transaction fees are much lower than currently occurring.

500$ next week, 700$ next month  ;D if btc continue to climb like history end year bullrun
Eth pair on btc still continue downturn mimicking btc movement upward

I'm still holding eth, watchout if btc correction eth will follow

Ethereum is the most used network. There are a number of DApps and DeFi projects which are built on Ethereum. Ethereum is also the number one choice among a big number of cryptocurrency projects. That is why it makes me laugh when people are forcing to compare the likes of Binance, Tron, EOS, etc with Ethereum. They are too far from reaching what Ethereum has already reached. Numbers don't lie.

$500 within the year for Ethereum is very small. Make it $1,000.

It looks like ETH price to $ 500 has a lot of resistance, I am holding a lot of ETH and I will not sell it for below 500 $. Hopefully the launch of ETH 2.0 will overcome the weaknesses faced by the previous generation and lower gas costs.

Ethereum's today price: $475
$25 left for it to reach $500 and we still have more than a month to end this year. Very much possible to see Ethereum reach back to $500 and then let's all hope that it will break near to its all-time high just like bitcoin.  8)

We all expect that to happen, as Ethereum is such a great platform that other platforms are hard to compare, but lately the high gas price has also been a major downside of the platform. This favorite, hopefully ETH 2.0 will fix that

These are the ones we know about and the data that used, there could be a lot of money that wasn't calculated because they are very tiny or dapp.com is not aware of and that means with those tiny ones it could reach as much as 11 billion. We are talking about 11 billion transferred in just one quarter, that is a ton of money for something so new and something so high tech that only a portion of crypto people use and crypto is already something only a portion of people use.

So, it is obvious that crypto world is growing bigger and bigger, just this information is proof enough that people are moving towards crypto in rapid pace and we are going to see trillions of dollars exchange hands everyday in crypto one day, maybe not soon but it will definitely happen.

really crazy numbers, if it was for the staking feature that will be in Ethereum 2.0,
then for sure Ethereum 2.0 will have a day where Holders will feel very happy, it's not a little money,
I really just found out about this, I hope 11 billion of these are locked in the Ethereum network.

All thanks to DEFI bull run and the success of some of these new projects on Ethereum, I think Q3 is going to double Q2 because Q3 was the peak of the DEFI bull run. Most of the other blockchains on the list are just zombie blockchain, no one is using them, you need a killer Dapps for people to start talking you serious and I think Solano is one with huge promising IMO

of course $500 is very possible for ethereum, even i believe the price will surpass $600 level before this year end
and next year ethereum price will create new high

When the price of Ethereum in talk, it was sure the price of Ethereum had started to increase. Because Ethereum will be less volatile compared to bitcoin.Bitcoin price keeps on increasing and decreasing in short period.But it was different in the case of Ethereum and other cryptocurrency. My opinion is 650$ will be Ethereum price before the 2021.

I wouldnt be surprised since smart money has been slowly entering the cryptomarkets and i would expect more to flow because big banks are still waiting for the right time they wouldnt put all their money in 1 go.
this article stated that there banks also testing the DEFI tech
https://blog.digifinex.com/2020/09/18/defi-disrupting-traditional-finance/

There's nothing we can hope for that the 2.0 will settle things including the high price of the GAS. There were more people that have bought Ethereum in the last couple of days that the miners have doubled profits because of the high GAS. But anyway, Ethereum is inevitably hitting $500 and higher prices soon.

Hopefully, no barriers.

Those money have been getting staked on the defi projects. That means if it's not all of the money were getting locked in ethereum network. These money being used to earn the passive income from the various defi projects.
I do agree if that's a crazy number but it looks like these money have been starting to leave from the defi project because it's not so profitable again.
Those money will be flying to the bitcoin or a new project that can give the same hype like defi.

Personally, of course I feel happy to see all of these statistics but the main problem for me is that even since 2017,,, most of these statistics are derived from speculators and gamblers. Back then it was ICOs and gaming apps. Today, it is all mainly Defi apps. And in principle there is nothing wrong with Defi but the way it is now, we all have to admit, 95% of them are just gambling/speculating.

The real utility is still in Bitcoin:)

ETH 2.0 will push up the price of Ethereum beyond $500. If your selling price is $500, I think that is too low. At least don't sell your ETH if its not yet getting back to its ATH. It is impossible that the recorded ATH of ETH will remain the same after several years. There will always come a time when it is replaced with a new ATH. That is what I am waiting and I think it will not take even half a year before that happens.

Although the amount of Dapp on Ethereum is less than that of EOS and TRON, you can see that the majority of large projects are dependent on ERC-20.  This shows that Ethereum's reputation is particularly great so other platforms won't be able to compete in this respect either.  Ethereum is still the number 1 platform.
More and more Defi projects are being developed on ERC-20 so I think the price of ETH will go up even more than $ 500, possibly priced around $ 700.

In any case, it is too early to talk about Ethereum sales today. The whole process is still in its infancy and Ethereum has not yet collected the required number of validators to launch the update. There are some forecasts that if the required amount of Ethereum is not collected by the appointed time, then Vitalik Buterin himself or his team can add this amount.

That is correct. The collected amount for the development to really start has yet to reach the minimum but it is nothing to worry about because it has just yet started. However, we can almost be a hundred percent certain that the plan will be implemented. After all we are not talking here of a shitcoin or any low level altcoin. This is Ethereum we are talking about.

Yes and this is the result of Trend Defi getting too hot. Uniswap is the Dex with the most money in this period, they are willing to airdrop more than tens of millions of dollars for wallets with transactions on Uniswap before September 1 :)
This has shown how much money they are making this Defi season. Speculators, in particular, make a lot of money in Uniswap.
Personally, this year 2020 is truly a boom year for the Crypto market with lots of new money being poured into the market. This bull run will last until next year and we don't need to be afraid of whale manipulation.

Anyone knows what was the number on Q3 as well? We are in Q4 right now (honestly ending q4 in 40 days as well) so it would be better to know the Q3 numbers as well. Because, if we are doing better on Q3 that means a lot of things, and I know that September (which was last of q3) was a huge month for defi, it peaked at around 26 billion if I am not wrong and that is almost 3 times the amount.

If we are growing and growing constantly, that means the future of crypto lies within defi world, however if it gets lower and lower that means it was a hype and it is dying down to lower levels and hype will be over one day. We need to see monthly basis as well to realize if it is just some projects that makes it go up and without those projects it is not as big as people imagine as well.

Obviously it is not going to be a piece of cake to go beyond 500 or 1000 those are huge numbers and there are tons of people who made over 2x profits in this just one past year and there are tons of miners who mined ethereum during this period and all of those people are trying to sell their coins for a huge profit and buy even more rigs (maybe not for eth anymore since it is moving to staking) and pay their bills.

So, it will take some time and it will take a lot of money to keep etheruem going higher and higher, however considering how many people are using eth nowadays for a ton of stuff, it is going to happen. We do not need people to buy eth to increase the price, we already have people who buy eth because they use it, that is a good enough reason for the price to go up.

Looks like Eth is on a run and I believe that's just because all these DeFi networks that are pushing the price of Eth higher. I don't think there's any big reason for Eth to spike up except 2.0 which is under testing phase probably and will soon be released. There's too much money being put into DeFi smart contracts and I'm afraid that if anything bad happens (like what we saw with bzrx more than 3 times), Eth will also suffer.

We'll see it. Nobody really knows how this ETH 2.0 will affect the price of it. The locking of hundreds of thousands of Ethereum will make the demand higher.
And this makes everyone want to participate in the launching of it. Just a 2x is already a good amount for ETH if it reaches $1k.