https://ethmrc.com/authors/galaxy/Recent content in Galaxy on Ethereum Market Research CenterHugoen-usTue, 09 Sep 2025 17:35:13 +0000https://ethmrc.com/the-state-of-onchain-yield-from-stablecoins-to-defi-and-beyond/Tue, 09 Sep 2025 17:35:13 +0000https://ethmrc.com/the-state-of-onchain-yield-from-stablecoins-to-defi-and-beyond/<p>In “The State of Onchain Yield,” Galaxy maps out the evolving landscape of DeFi yield, assessing various yield-generating strategies across stablecoins, staking, restaking, lending, and structured products. It presents a ladder of yield, from zero-return safe assets to more engineered, higher-risk yield streams.</p> <p>Starting with stablecoins: non-yield-bearing centralized and decentralized dollar-pegged tokens produce no native income for holders. Platform-dependent yield stablecoins share issuer or reserve income only when held in specific custodial venues. There is a large opportunity cost to this zero-yield baseline.</p>https://ethmrc.com/what-big-companies-are-building-on-ethereum-galaxy/Thu, 13 Feb 2025 22:41:00 +0000https://ethmrc.com/what-big-companies-are-building-on-ethereum-galaxy/<p>Major Use Cases Gaining Traction</p> <p>More than 50 mainstream companies outside the crypto industry have developed products or services leveraging Ethereum or its Layer 2 networks. These firms span a variety of sectors—from fashion giants like Louis Vuitton and Adidas to major financial players including Deutsche Bank and PayPal. Importantly, the focus here is not on general crypto market infrastructure such as trading platforms, custodians, or compliance tools. Instead, these initiatives center on Ethereum-native use cases like NFTs, real-world assets (RWAs), Web3 development tools, and Layer 2 solutions. Of the 20 financial institutions identified as actively building on Ethereum, half are banks—most of which are exploring or issuing RWAs. This report aims to spotlight the most notable early use cases driving institutional and enterprise adoption of Ethereum.</p>