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Ethereum Ecosystem Sees Major Upgrades, Institutional Adoption, and DeFi Growth in August

Guavy AI Editorial Team
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ETH UNI ARB AAVE GNO ZK DAO
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Ethereum's ecosystem saw significant upgrades in August with GnosisDAO moving to a ZK-proven Layer-2 rollup and Arbitrum's ArbOS Elara update enhancing transaction fees and smart contract capacity.

BlackRock launched tokenized funds on Ethereum, indicating growing institutional adoption.

Privacy tools advanced with new protocols and wallet security features, while DeFi platforms Aave, Morpho, and Uniswap reached new deposit and trading milestones.

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