$ETH
Ethereum (Eth) was launched in 2015 as an open-source blockchain platform that supports the development of smart contracts and decentralized applications (DApps). Compared to Bitcoin, Ethereum is not only a cryptocurrency (ETH) but also a complete blockchain ecosystem that has driven emerging applications such as decentralized finance (DeFi) and non-fungible tokens (NFT).
Currently, Ethereum has become the largest smart contract platform, with an active developer community and a wide user base. With the gradual upgrade to Ethereum 2.0, the network has successfully transitioned from proof of work (PoW) to proof of stake (PoS), significantly improving transaction speed and scalability. At the same time, the booming development in the decentralized finance sector has positioned Ethereum as an important player in the global economy.
In the future, Ethereum is expected to continue leading the development of blockchain technology, especially in ongoing innovations related to scalability and energy efficiency. As more enterprises and users recognize the potential of blockchain, Ethereum may become the foundation for the digital transformation of more traditional industries. However, market competition is becoming increasingly fierce, and other blockchain platforms are also continuously emerging. Ethereum must address these challenges and maintain the vitality of its ecosystem to achieve sustainable growth.