💠 One Coin a Day | #12
Ethereum (ETH)
Ethereum is the second-largest blockchain network after Bitcoin, but it offers more than currency—it powers decentralized applications and smart contracts.
Its native token, ETH, is essential for paying gas fees and staking. In 2022, Ethereum transitioned from Proof of Work to Proof of Stake, making the network more energy-efficient. ETH holders can earn 3–5% annually through staking.
Ethereum is the backbone of DeFi, NFTs, and Web3 ecosystems, although it faces scalability challenges and gas fee issues. Still, it's supported on every major exchange including Binance.
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🔍 This is information, not financial advice. Always do your own research.