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Smart Contracts Account for Almost 23% of Ethereum (ETH) Supply

Smart Contracts Account for Almost 23% of Ethereum (ETH) Supply Last Updated: 12 May 2021 Ethereum (ETH) has surged in value by over 400% since January 2021 and the main reason is the popularity of DeFi protocols, with a growing portion of ETH supply committed to the sector. Glassnode, a leading on-chain analytics company, has published a report analysing smart contracts on Ethereum. It shows that smart contracts currently hold 22.8% of the total ETH supply. This percentage ...
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