Ethereum once again crossed $4K range. Its time to buy bags of eth? As cryptocurrency is being legalized everywhere and worldwide users can now trade with more confidence.
Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, known for introducing smart contracts, decentralized finance (DeFi), and decentralized applications (DApps). Since its launch in 2015 by Vitalik Buterin, Ethereum has set to revolutionize the blockchain industry by enabling decentralized applications to run on a global network of nodes. Ethereum uses Ether (ETH) as its native currency, powering transactions and smart contracts.
Ethereum’s utility lies in its ability to support smart contracts, allowing developers to build decentralized applications (DApps) across industries like finance, gaming, and supply chain. These DApps function autonomously without central authority. Ethereum is also the foundation for NFTs (non-fungible tokens), decentralized exchanges (DEXs), and other DeFi protocols, making it a core component of the decentralized internet. #ETH $ETH