🚀 What Is Ethereum?
A decentralized blockchain platform launched in 2015 by Vitalik Buterin and others, designed to run smart contracts and decentralized applications (dApps)
Coinbase
Its native cryptocurrency, Ether ($ETH ), is used to pay for transaction fees ("gas") and secure the network
In September 2022, Ethereum shifted from proof‑of‑work to proof‑of‑stake (“The Merge”), slashing energy consumption by over 99%
💡 Why It Matters
Smart contracts & dApps: Enables automated code execution without intermediaries (DeFi, NFTs, games, etc.)
Ecosystem growth: Home to most ERC‑20 tokens, DeFi platforms, and NFT projects
Institutional attention: Companies are shifting from Bitcoin to Ethereum for staking yield and smart contract exposure
💰 Price Snapshot
ETH ≈ $3,600 USD, down about 5–6% in the last 24 hours. It’s currently ranked #2 by market cap with a daily trading volume over $40 billion
⚖️ Is Ethereum Good for Trading?
✅ Pros:
✨ High volatility & deep liquidity—ideal for active trading
🕒 24/7 global markets
📈 Supports staking & yield generation
⚠️ Cons:
🎢 Volatile price action—quick losses are possible
⚙️ Network congestion and variable gas fees
🔒 Limited regulation & oversight compared to stocks or banks.