$ETH ETH has significant advantages. It is a mature smart contract platform with a well-established technical architecture, allowing developers to create complex decentralized applications and automatically execute smart contracts, leading to widespread applications. The ecosystem is robust, featuring non-fungible tokens, decentralized finance, games, etc., which drive value appreciation. An upgrade is expected to be completed by 2025, addressing scalability, energy consumption, and other issues, improving transaction speed and reducing costs. It enjoys high market acceptance, is tradable on mainstream exchanges, and has good liquidity. However, it also has drawbacks. Prices are easily affected by market sentiment, regulations, technology, and other factors, leading to high volatility. It faces competition from other blockchain platforms such as Solana and Polkadot, which provide more solutions and capture some market share. There can be vulnerabilities in smart contract coding, leading to attacks on contracts, posing security risks. Transaction fees can be high during network congestion, impacting user experience.