If Bitcoin is crypto's answer to gold, Ethereum is the closest thing it has to its own internet. Anyone who wants to mint a new token, launch a crypto app, or spend $150,000 on a Bored Ape nonfungible token, or NFT, probably uses the Ethereum network. More than $3bn in transaction volume flows through Ethereum daily, traded in the network's native token, Ether. About $60bn in crypto assets sit on its blockchain through third-party apps. Aside from Bitcoin, no other network is more critical to crypto's infrastructure or its future.
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