Ethereum (ETHUSD) - Morning Edge

Ethereum is the second-largest cryptocurrency by market capitalization and the leading platform for decentralized applications (dApps) and smart contracts. Unlike Bitcoin, which primarily serves as digital gold, Ethereum powers a vast ecosystem of DeFi protocols, NFT marketplaces, and Web3 applications. The Ethereum network transitioned from Proof of Work to Proof of Stake in September 2022 (The Merge), significantly reducing energy consumption and introducing staking rewards. This transition fundamentally changed Ethereum's tokenomics, making it potentially deflationary during periods of high network activity. ETH/USD is known for higher volatility than Bitcoin, with both larger percentage gains during bull markets and steeper declines during corrections. The asset attracts traders who believe in the long-term growth of decentralized technology.