It has the largest developer community and ecosystem of any cryptocurrency, which means there are many people working on the platform and building new applications on it. Ethereum has the ability to process transactions more quickly than Bitcoin, which makes it more suitable for some applications. Ethereum is more flexible than Bitcoin, as it allows users to build and run decentralized applications, or “dapps,” on its platform. This means that it has the potential to be used for a wider range of applications than Bitcoin. Ethereum has a strong track record of stability and security, which has contributed to its widespread adoption. Ethereum has a transparent governance model, with decisions made by the community through a democratic process.
We are down 74% from ATH of $4,878.26 about a year ago, but we all know how volatile cryptocurrency is, in general. I’m staying the course, buying on a schedule (DCA), staking, and day trading seldomly. I do options for stocks, but haven’t had the time/energy to research how to do it on cryptocurrency… yet lol.
I love the ETH community and the DEVs are so amazing! Here is a virtual hug for you, hug me back when the bear awakes from the hibernation!