Founded over five years ago, the Ethereum platform and its native ether (ETH) have existed mostly in the shadow of bitcoin in the public eye. However, Ethereum has been gathering momentum particularly in the past few months. In July this year, it was reported that the use of the Ethereum network has surpassed that of bitcoin.
In the last few weeks, Ethereum has been the subject of much interest, particularly in the context of the DeFi boom. Ethereum and ETH are well worth watching closely – and here’s why.