Ethereum (ETH) Surges 8%! Breaks $3,000 for First Time Since February
TL;DR ETH jumps 8% in 24 hours to smash through $3,000 resistance, its highest level since early February, riding the wake of fresh Bitcoin all-time highs.
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency,Ā EtherĀ (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’sĀ smart contract functionalityĀ allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility andĀ community supportĀ have made it a popular choice for buildingĀ decentralized applicationsĀ and other blockchain-based projects.
TL;DR ETH jumps 8% in 24 hours to smash through $3,000 resistance, its highest level since early February, riding the wake of fresh Bitcoin all-time highs.
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