$ETH
Ethereum is rapidly expanding, driven by several factors:
* Layer 2 Growth: Scalability solutions like Arbitrum and Optimism are reducing fees and increasing transaction speeds, fueling DeFi growth.
* Developer Activity: A large and active developer community constantly builds new applications on Ethereum.
* Institutional Adoption: Financial institutions are exploring Ethereum for tokenization and other use cases.
* The Merge: The shift to proof-of-stake has enhanced security and energy efficiency.
* NFT Market: The thriving NFT market continues to drive Ethereum adoption.
These factors position Ethereum as a leading blockchain platform for a wide range of applications.