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Md Mahid Hossain Opi
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Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, created by Vitalik Buterin and others in 2015. It serves as the backbone of a decentralized blockchain platform that allows developers to build and deploy decentralized applications (DApps) and smart contracts. Ethereum also powers significant sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs).#BTCRebounds100K #BinanceSquareFamily Key details about Ethereum: 1. **All-Time High (ATH):** Ethereum reached its highest price of **$4,891.70** on November 16, 2021. 2. **Consensus Mechanism:** Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in 2022 via "The Merge," improving energy efficiency and scalability. 3. **Current Market Trends (2024):** Ethereum recently surpassed $4,000 again, reflecting strong institutional interest, particularly with rising inflows into Ethereum-based ETFs. Ethereum is central to the blockchain ecosystem, supporting countless DApps and smart contract use cases. If you'd like to explore specific features, historical data, or investment opportunities, let me know!
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