#Ethereum Ethereum continues to be a dominant force in the crypto space, powering decentralized applications (dApps), smart contracts, and the ever-growing DeFi ecosystem. Unlike Bitcoin, which is primarily a store of value, Ethereum serves as the foundation for Web3 innovation, enabling developers to build decentralized solutions across industries.
With recent upgrades like The Merge and Shanghai, Ethereum has transitioned to a more energy-efficient proof-of-stake (PoS) model, reducing its carbon footprint while improving scalability. This shift has made ETH even more attractive to investors and developers alike.
Despite competition from other layer-1 blockchains like Solana and Avalanche, Ethereum’s strong developer community and continuous innovation keep it ahead. Gas fees remain a challenge, but solutions like Layer 2 scaling and Ethereum 2.0 aim to address these concerns.