#EthereumFuture People often discuss the trending and most popular cryptocurrency, Bitcoin, in virtual or digital assets. Still, they also closely monitor Ethereum, the world’s second-largest cryptocurrency. ETH is undoubtedly overshadowed by the world’s largest cryptocurrency, BTC, but it has plenty to offer.

Crypto enthusiasts generally consider ETH much more than just a digital token and believe it has a vast intrinsic value that offers unique earning opportunities for its investors. As of Dec. 13, 2024, the current value of Ethereum is $3,914; ETH has risen by over 7.50%, reaching around $3,940 yesterday.

The surge occurred alongside Bitcoin’s return above the $100,000 level, driven by U.S. economic data hinting at a possible rate cut in December. The overall crypto market experienced a rise after the 2024 U.S. presidential election and Trump’s victory. 

Let’s examine this guide to determine Ethereum’s future and whether it will continue to gain momentum in the coming years.

What Is Ethereum?

The world’s largest altcoin and the second-largest cryptocurrency, Ethereum, holds significance beyond being just a crypto token. It is widely recognized outside the crypto community for its advanced features and innovative blockchain solutions.

ETH operates as an open-source blockchain with smart contract functionality, primarily applied in decentralized finance (DeFi). Ethereum functions more like a continually updated network maintained by validators who receive ETH as compensation for their contributions and efforts.