Ethereum's on-chain economy has reached $330 billion as 2025 draws to a close, reflecting robust growth in the network's activity. Developer engagement surged, with a record 8.7 million smart contracts deployed in the fourth quarter. This increase in activity aligns with Ethereum's market capitalization, which stands at $350 billion. Institutional interest in Ethereum remains strong, highlighted by Trend Research's recent acquisition of $63.28 million in ETH on December 29. Since November, institutional purchases have exceeded $1.8 billion, underscoring continued confidence in Ethereum's long-term potential.