The Ethereum currency $ETH was officially launched in July 2015 by programmer Vitalik Buterin and his team, with the aim of providing a smart platform for smart contracts and decentralized applications.

Since its inception, it has garnered significant attention from developers and investors due to its capabilities that go beyond mere digital payments as in Bitcoin. $BTC .

During 2017 and 2018, its price soared significantly with the boom of initial coin offerings (ICOs) that relied on its platform.

The years 2019 and 2020 saw growth in decentralized finance (DeFi) applications and digital games like CryptoKitties, which boosted demand for the network.

In 2021, Ethereum's price reached historic highs exceeding $4,800 with the expansion of the #NFT​ market built on its network.

It faced challenges such as high gas fees and slow transactions, prompting the development of Ethereum 2.0.

In September 2022, the “Merge” process transitioned the system from proof of work to proof of stake, reducing energy consumption and improving efficiency.

Ethereum continues to develop its network through upgrades like “Shanghai” and “Dencun” to enhance speed and reduce fees.

Today, Ethereum is considered the second largest digital currency in the world and a cornerstone of the blockchain and decentralized applications. #etherium #Binance #BinanceSquareTalks