State of Ethereum Q4 - TVL up 121.6% YoY to 66.3B - Ethereum TVL ⬆️ 36% QoQ. L2 TVL ⬆️ 18.8% QoQ - ETH ETF holdings up 63.6% QoQ - Stables up 65.6% YoY (~106B) - Staked ETH ⬇️ QoQ for first time since Beacon Chain launch Read the full report messari.co/41ISUom