Basic and important information about Ethereum (or its currency: ETH) — what it is, how it works, and why people care about it. If you want, I can also give you a 'future outlook' (analysis + forecasts).

✅ What is ETH / Ethereum

ETH is the native digital currency of the Ethereum network.

Ethereum is not just a currency — it is a 'blockchain' network that allows for the building of decentralized applications, smart contracts, unique tokens (Tokens), decentralized finance (DeFi), and more.

This means that instead of being just a currency, ETH is a 'key' to running all these projects on the Ethereum network — meaning: if you want to execute a smart contract, pay fees, use a decentralized application... you use ETH.

📊 Some numbers / market reality (so far)

The approximate number of circulating ETH in the market is around 120.7 million coins.

The maximum supply (Max Supply) of ETH is not limited — meaning there is no 'fixed maximum' for the price/number of ETH.

The market capitalization (Market Cap) — that is, the total value of all circulating ETH — classifies ETH among the most important and largest digital currencies.

The price of ETH is volatile: it has risen significantly over the past years, but like all digital currencies, the price is affected by the market, supply/demand, network applications, and more. #BinanceHODLerAT $ETH