Ethereum's active loans have surpassed $28 billion, marking a tenfold increase since the beginning of 2023. According to Foresight News, data from Token Terminal, as reported by CoinDesk, highlights this significant growth in Ethereum's lending activity. The surge reflects the expanding role of Ethereum in the decentralized finance sector, showcasing its increasing utility and adoption.
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Ethereum Active Loans Surpass $28B, Up Tenfold Since Early 2023
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