Ethereum recap for 2025: over $99B DeFi TVL, ~68% share, 10-year milestone
Ethereum published a year-end X recap of 2025, citing more than $99 billion in DeFi TVL and roughly 68% market share, a lead exceeding 9x versus the next-largest L1. The post highlights Pectra and Fusaka upgrades, a July 2025 10-year milestone, and deep liquidity that has drawn institutional interest.