#MerlinTradingCompetition
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Ethereum Today: Quotation as of May 20
As of May 20, Ethereum (ETH) is trading at US$2,520.63 (equivalent to ARS $2,931,494), according to data from the Lemon virtual wallet. This represents a 4.74% change over the past 24 hours and a 1.36% change compared to the same day last week. The cryptocurrency currently holds a market capitalization of US$295.89 billion.
Ethereum is a decentralized, open-source platform built on its own blockchain. It enables developers to create and deploy new types of applications, often described as a global digital supercomputer that allows users anywhere to run software written by others.
Launched in 2015 by Russian-Canadian developer Vitalik Buterin, Ethereum distinguished itself early on by introducing programmable smart contracts directly on its blockchain.
Initially seen as a temporary project in 2018, Ethereum has since evolved into the second-largest cryptocurrency by market cap, playing a key role in the development of DeFi (Decentralized Finance) and NFTs (non-fungible tokens).
Ethereum also introduced the ERC-20 standard, a blockchain framework with integrated smart contracts using the Singularity programming language. This infrastructure supports a wide range of new projects leveraging Ethereum’s computational power and interoperability.
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