Yugocean
Valued Contributor
Many finance experts believe that many investors are bullish on the risk of Ethereum, so they are investing in Ethereum over Bitcoin.
Ethereum, a major blockchain platform, is often in the news due to its heavy gas-fees that may not appeal to most investors, but it has something that makes it's cryptocurrency the second largest cryptocurrency.
Ethereum has gained significant traction with the growth of DeFi and NFTs. A verifiable example of its massive impact is the multi-billion dollar NFT sales on Ethereum in the world's online market during the year 2020 affected by the Corona pandemic. More than $50 billion are locked in Ethereum-based DeFi applications, indicating its popularity among investors.
The Ethereum Foundation also persuades merchants to accept Ether as a currency in order to maintain and increase the popularity of Ethereum, it also maintains the value of ether by donating to the United Nations and non-government/voluntary organizations engaged in social works.
Ethereum, a major blockchain platform, is often in the news due to its heavy gas-fees that may not appeal to most investors, but it has something that makes it's cryptocurrency the second largest cryptocurrency.
Ethereum has gained significant traction with the growth of DeFi and NFTs. A verifiable example of its massive impact is the multi-billion dollar NFT sales on Ethereum in the world's online market during the year 2020 affected by the Corona pandemic. More than $50 billion are locked in Ethereum-based DeFi applications, indicating its popularity among investors.
The Ethereum Foundation also persuades merchants to accept Ether as a currency in order to maintain and increase the popularity of Ethereum, it also maintains the value of ether by donating to the United Nations and non-government/voluntary organizations engaged in social works.