ethereum prices

Also affecting Ether’s value is the introduction of applications that rely upon the Ethereum blockchain – particularly decentralized financial apps. The most important factor boosting Ethereum’s price is its smart contract functionality, which allows it to serve as an ideal platform for countless use cases. Although other blockchains with the ability to store and execute smart contracts have been introduced, Ethereum remains the overwhelming foundation for blockchain-based applications. As the dApp market and DeFi sector grow, the Ethereum blockchain and its smart contract capability grow more valuable, making Ethereum worth more. Ether (or ETH), the coin held and exchanged on Ethereum’s network, is the lifeblood of Ethereum, without which the latter cannot function. To run or  https://winnipegcryptoconference.com/  on Ethereum’s platform, a form of payment is required. While there are many cryptocurrencies on the blockchain network, such as BAT and BNT, ETH serves as Ethereum’s main medium of transaction.;