#鲸鱼再次买入VIRTUAL As the second largest cryptocurrency by market value, Ethereum (ETH) has once again become the focus of the market. As the Ethereum 2.0 upgrade continues to advance, its network's transition from Proof of Work (Pow) to Proof of Stake (PoS) has been initially completed, significantly reducing energy consumption and improving transaction efficiency. This technological leap not only consolidates Ethereum’s dominant position in the field of smart contracts, but also lays the foundation for the explosive growth of Layer 2 solutions (such as Optimism and Arbitrum).

At the same time, the prosperity of the Ethereum ecosystem continues to attract developers and capital. The total locked value (TVL) of DeFi protocols remains at the top of the public chain list. Although the NFT market has undergone cyclical adjustments, Ethereum still dominates the issuance and trading of high-value collectibles. In addition, discussions about the "Ethereum spot ETF" have heated up recently. If the regulators approve it, it may open a new channel for institutional funds to enter the market and further boost market confidence.

However, challenges remain. High gas fees are still a pain point for user experience. Although sharding technology is highly anticipated, it will still take time for it to be fully implemented. On the other hand, the speed and cost advantages of competing public chains such as Solana and Avalanche have forced Ethereum to accelerate the optimization of its ecosystem.

In the long run, Ethereum's core advantage lies in its irreplaceable developer community and first-mover ecological barriers. Whether it is finance, games or the metaverse

FTU is the first "digital oil"