ETHEREUM (ETH) — THE BACKBONE OF SMART CONTRACTS
Ethereum transformed crypto from simple value transfer into a programmable financial system. Smart contracts enable DeFi, NFTs, DAOs, and thousands of decentralized applications.
Ethereum’s transition to Proof of Stake reduced energy consumption and introduced staking as a core economic layer. Developers continue to build on Ethereum because of its network effect, tooling, and liquidity.
Challenges remain: scalability, gas fees, and competition from faster blockchains. Yet Ethereum’s roadmap focuses on rollups and modular scaling, aiming to solve these issues without sacrificing decentralization.
Ethereum’s long-term value is tied to usage. The more applications built and used, the stronger ETH becomes as a settlement and security layer.
