Analysis of the future of Ethereum (ETH)
⚙️ Fundamentals
Ethereum is the second largest cryptocurrency after Bitcoin, but it is not just a currency; it is a decentralized platform for smart contracts and decentralized applications (dApps). With successive updates such as Ethereum 2.0, the network has become more efficient and less energy-consuming after transitioning to a Proof of Stake (PoS) mechanism.$ETH
Transition to Ethereum 2.0
The Merge has led to significant improvements in the sustainability of the network.
Future updates like Danksharding will increase capacity and reduce costs.
3. Non-fungible tokens (NFTs) and gaming
Ethereum remains the primary environment for many NFT and decentralized gaming projects, driving demand for the network.
