Ethereum is a community-driven software that features smart contract functionalities and helps developers build decentralized applications. It is the second largest cryptocurrency by marketcap and by far the most active blockchain in the crypto industry. Similar to Bitcoin, Ethereum hosts a native token (ETH), which can be used to exchange value and fuel the platform’s activities.
Apart from acting as a foundation for new cryptocurrency projects, Ethereum is also empowering DeFi (Decentralized Finance). The growth of DeFi products is still at its early stages, but is expected to experience a massive surge of interest, making Ethereum ever more important in the coming years.
