Ethereum is a leading decentralized platform enabling smart contracts and decentralized applications (dApps). Its native cryptocurrency, Ether (ETH), fuels the network and is second only to Bitcoin in market capitalization. The upcoming Pectra upgrade aims to boost scalability.
Ethereum's robust DeFi ecosystem and role in NFTs and Web3 drive its utility. Growing institutional interest and potential ETF approvals signal further adoption. While facing regulatory hurdles and competition, Ethereum's strong technology and diverse applications position it for continued growth in the evolving digital landscape.