What is Ethereum ($ETH )? 🧠💰

Ethereum ($ETH ) is an open-source blockchain platform that enables the creation and execution of smart contracts 🤖. It is the second-largest cryptocurrency after Bitcoin and serves as the foundation for many other tokens and decentralized applications (dApps) 🌐.

One of Ethereum’s biggest strengths is its decentralized nature — there's no central authority controlling it. It powers major innovations like DeFi (Decentralized Finance) 🏦, NFTs (Non-Fungible Tokens) 🎨, and even virtual worlds in the metaverse 🌍.

Recently, Ethereum has transitioned to a Proof-of-Stake (PoS) system, which significantly reduces energy usage ⚡🌱. This move has attracted even more investors and developers to the ecosystem 🚀.

#Binance $ETH

ETH

1,874.21

-5.12%