Ethereum remains one of the most important platforms in the crypto space. Known for introducing smart contracts, it powers thousands of decentralized applications, from finance to gaming. After switching to Proof of Stake in 2022 and rolling out the Dencun upgrade in 2024, Ethereum significantly improved energy efficiency and reduced Layer 2 transaction costs. In 2025, ETH is trading steadily above $3,000, showing strength in a recovering market. While Ethereum faces competition from faster blockchains, its strong developer base and ecosystem keep it at the center of innovation. Investors still see it as a long-term play, especially with increasing talk of an ETH spot ETF. Its utility continues to drive real value.
