#BinanceHODLerFF #Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps). Here's a rundown of its key details:
*Key Features:*
- *Smart Contracts*: Self-executing contracts with predefined conditions and rules, allowing for automated transactions and agreements.
- *Decentralized Applications (DApps)*: Applications that run on the Ethereum blockchain, enabling transparent and secure interactions.
- *Non-Fungible Tokens (NFTs)*: Unique digital assets representing art, collectibles, and more, stored and traded on the Ethereum blockchain.
- *Decentralized Finance (DeFi)*: Financial applications and services built on Ethereum, offering lending, borrowing, and trading opportunities.
*Ethereum's Native Token: Ether (ETH)*
- *Current Price*: Around $4,002.64 USD (subject to market fluctuations)
- *Market Capitalization*: Approximately $483.13 billion USD
- *Circulating Supply*: 120.7 million ETH
- *All-Time High*: $4,953.73 USD (reached on August 24, 2025)
*Ethereum's History and Development*
- *Founded*: 2013 by Vitalik Buterin and a team of developers
- *Launched*: July 30, 2015
- *Transitioned to Proof-of-Stake (PoS)*: September 2022, reducing energy consumption by over 99%
*Ethereum's Use Cases*
- *Decentralized Finance (DeFi)*: Lending, borrowing, and trading applications
- *NFTs and Digital Art*: Unique digital assets and collectibles
- *Gaming and Virtual Worlds*: Decentralized gaming platforms and virtual worlds
- *Supply Chain Management*: Tracking and verifying goods and materials.¹ ² ³
