$ETH
Here’s a concise yet comprehensive overview of Ethereum (ETH) – the leading smart contract blockchain:
1. Ethereum Basics
- Launch: 2015 (Vitalik Buterin co-founder)
- Native Token: ETH (used for fees/staking)
- Key Innovation: Smart contracts enabling DeFi, NFTs, and dApps
2. 2024 Key Developments
✅ The Merge (2022)
- Transitioned to Proof-of-Stake (99% energy reduction)
- Current ETH staking yield: ~4% APY
✅ EIP-4844 (2024)
- "Proto-danksharding" upgrade
- Reduced L2 fees by ~90% (Arbitrum txns now ~$0.10)
✅ Spot ETH ETFs
- Expected July 2024 launch (BlackRock/Fidelity)
- Potential $10B+ inflows in first year
3. Competitive Landscape
| Metric | Ethereum | Solana | Cardano |
|--------|----------|--------|---------|
| **TPS** | 15-30 | 3,000+ | 250 |
| **Avg Fee** | $1-5 | $0.01 | $0.20 |
| **TVL** | $62B | $4.2B | $300M |
4. ETH Price Outlook
- Short-term (2024): $3,000-$4,500 range
- Cycle Peak (2025): $8,000-$12,000 (if ETF demand matches BTC's)
- Key Levels:
- Support: $3,000
- Resistance: $4,000
5. Risks to Watch
⚠ SEC Regulation: Potential security classification
⚠ L2 Fragmentation: User experience challenges
⚠ Solana Competition: Faster/cheaper transactions
6. Strategic Opportunities
- Staking: 4% yield (higher than Treasury bonds)
