Ethereum

CRYPTO:ETH
$3,335.23
2024-11-21 22:05:07 ET

Ethereum (ETH) is a decentralized blockchain platform launched in 2015 by Vitalik Buterin and other developers. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum is a programmable platform that enables the creation and execution of smart contracts and decentralized applications (DApps). Ether (ETH) is the native cryptocurrency of the Ethereum network, used to facilitate transactions and pay for computational services on the platform.

Ethereum's smart contract functionality allows developers to build and deploy applications without the need for intermediaries, offering greater transparency, security, and censorship resistance. DApps on Ethereum span a wide range of use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, supply chain management, and more.

Ethereum's scalability and transaction throughput have been ongoing challenges, leading to initiatives like Ethereum 2.0 aimed at transitioning the network to a proof-of-stake consensus mechanism for improved scalability, security, and energy efficiency.

ETH has emerged as one of the most significant cryptocurrencies, with a large and active developer community, widespread adoption in various industries, and a substantial market capitalization. It plays a pivotal role in shaping the future of decentralized technologies and the broader blockchain ecosystem.

ETH Articles

In October, Solana’s (CRYPTO:SOL) price surged 11.2%, becoming the top-performing asset among the top 20 crypto projects. This trend has more than continued into November, with the re-election of...
The Biden administration has been critical of crypto, with banks hesitant, regulators aggressive, and adoption slowing. However, a Trump presidency could shift this landscape. Despite Trump’s...
Crypto mining remains a lucrative albeit energy-intensive business. Marathon Digital Holdings is up 29% over the past month. Short sellers have increased their positions targeting the blockchain...
On April 18th, 24/7 Wall Street alerted investors to a recent stock purchase by Alabama Senator Tommy Tuberville of a penny stock named Humacyte (Nasdaq: HUMA).  We track Congressional trades as...
24/7 Insights: Binance Coin, or BNB, is the native token of the Binance exchange and the world’s fourth-largest cryptocurrency by market capitalization. Capital inflows into the crypto sector have...
If you’re just getting started in the world of trading or using cryptocurrency, chances are you’ve heard of Ethereum (CRYPTO:ETH). Whether you’re looking to use it, invest in it, or just want...