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Ethereum, the second-largest cryptocurrency, has a market cap of $480 billion. Decentralized finance (DeFi) is growing, with Ethereum being the most popular choice for DeFi services. The total value locked in DeFi applications is $151 billion, with 63% on Ethereum. Expectations are high for DeFi, with forecasts predicting 27% annual growth through 2032 and the stablecoin market reaching $2 trillion by 2028.

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