Ethereum is a decentralized blockchain platform based on smart contracts, allowing developers to create and deploy decentralized applications (DApps). Ether (ETH) is the native digital currency of the Ethereum network, and it is considered the second largest cryptocurrency with a market value exceeding $370 billion.
The cryptocurrency industry is attracting increasing global interest from market participants, and this interest translates into continuous liquidity flows and a growing popularity of digital currencies, including Ethereum. Many reliable analysts express confidence in the ability of ETH to grow in the future. The Ethereum blockchain hosts many deployed applications, in addition to new projects under development, and the launch of ETH 2.0 has significantly increased interest in this currency.
This article reviews the market potential of the Ethereum currency based on expert forecasts, and it provides a comprehensive fundamental and technical analysis of it.
