See my returns and portfolio breakdown. Follow for investment tipsEthereum is the second-largest blockchain network by market cap, best known for enabling smart contracts and decentralized applications (dApps).
A quick breakdown:
Launched: 2015 by Vitalik Buterin and co-founders.
Purpose: Not just digital money like Bitcoin, but a programmable blockchain for DeFi, NFTs, DAOs, and more.
Native Token: ETH — used for transaction fees (gas), staking, and as collateral in DeFi.
Tech Shift: Moved from proof-of-work to proof-of-stake in The Merge (Sept 2022), making it far more energy-efficient.
Ecosystem: Powers most DeFi protocols, NFT marketplaces, and Layer 2 scaling solutions like Arbitrum, Optimism, and Base.
If you like, I can give you a short, headline-ready Ethereum definition similar to the “DeFi Gets Integrated” style.