$ETH Ethereum (ETH) is the second-largest cryptocurrency by market capitalization and the leading smart contract platform. It powers a vast ecosystem of decentralized applications (dApps), decentralized finance (DeFi), and non-fungible tokens (NFTs).
Key Highlights of Ethereum:
Ethereum 2.0 & Proof-of-Stake (PoS): The network transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) in 2022 through "The Merge," improving energy efficiency and security.
Layer 2 Scaling Solutions: Optimistic Rollups (e.g., Optimism, Arbitrum) and Zero-Knowledge Rollups (e.g., zkSync, StarkNet) enhance Ethereum’s scalability and reduce gas fees.
DeFi & NFTs: Ethereum hosts major DeFi projects (Uniswap, Aave, MakerDAO) and dominates the NFT space (OpenSea, Blur).
ETH as an Asset: Ethereum's deflationary model, with ETH burned through EIP-1559, makes it a compelling long-term investment.
Are you interested in Ethereum's price analysis, upcoming upgrades, or something specific?