The significant rise in the value of Ethereum (ETH), one of the most prominent digital currencies in the world. Ethereum is not just a digital currency, but also a platform that allows developers to build decentralized applications (dApps) using smart contracts.
Recently, Ethereum has seen a significant rise in its value due to several factors, including:
Technical updates: such as the “Ethereum 2.0” upgrade, which aims to improve the speed and security of the network and reduce transaction costs.
Institutional interest: Major financial institutions are increasingly interested in investing in Ethereum.
Innovation in decentralized applications: The number of decentralized applications that rely on the Ethereum network is increasing, which enhances its value and use.