#ETH Breaks $4700 Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, known for its smart contract functionality and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin, Ethereum introduced blockchain technology beyond simple transactions, enabling developers to build decentralized finance (DeFi), non-fungible tokens (NFTs), and more. Its transition to Ethereum 2.0 and Proof-of-Stake in 2022 improved scalability and energy efficiency. ETH is widely used for transactions, staking, and as collateral in DeFi protocols. With continuous upgrades like the Dencun update, Ethereum aims to enhance speed, reduce fees, and maintain its position as a leader in the blockchain ecosystem.



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ETH-5.73%
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