✅ Strengths & use-cases
$ETH was among the first to enable Turing-complete smart contracts, meaning developers can build complex applications on top of it.
The switch from Proof-of-Work (PoW) to Proof-of-Stake (PoS) (called “The Merge”) in September 2022 greatly reduced energy consumption and changed how ETH is issued.
The token is required for activity on the network (paying “gas” for computations), so demand is tied to usage of the network.
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ETH
1,955.25
+1.55%