Ethereum has significantly expanded its developer base in 2025, adding 16,181 developers in the first ten months, increasing the total to 31,869. This influx has contributed to the network's total value locked (TVL) reaching $85 billion, accounting for 56% of the decentralized finance (DeFi) market. Key innovations, such as Pico Prism, have enhanced transaction throughput, while real-world asset (RWA) tokenization has reached $120 billion, underscoring Ethereum's focus on scalability and efficiency.