Ethereum (ETH) shifted its use case in the third quarter of 2019. Until recently, distributed apps were seen as the biggest potential driver for ETH adoption. Dapps even displaced the previous use case for ETH, as an asset for fundraising in ICOs.
Now, the latest Dapps Report by dapps.com shows that the third quarter saw a giant shift in usage, as well as competition between Ethereum and other networks. Decentralized finance, or DeFi, a collection of various collateralized crypto lending schemes, took over the Ethereum network.
The transformation sparks hopes that ETH may remain a valuable...