Ethereum has become a veritable alternative to Bitcoin within a few years. It is about much more than just digital assets.

Behind Bitcoin, Ethereum is considered the second best-known cryptocurrency, but strictly speaking, this is wrong. Because: the term “Ethereum” does not mean a digital currency, but an entire system based on blockchain. The cryptocurrency that is used in it is called Ether (ETH).

Currently, Ether (ETH) has a market capitalization of around $345 billion and ranks second among digital assets – far ahead of Binance Coin (BNB), Tether (USDT) or Solana (SOL). Like the rest of the crypto market, Ether recently experienced a significant price drop.