Ethereum (ETH) has maintained steady growth, climbing from $3,400 to $3,931 this month. The network’s stability and rising adoption of DeFi and NFT projects continue to reinforce its status as a blockchain powerhouse. Technological advancements like zkVM technology improve scalability and privacy, attracting further development. However, competition from faster, lower-fee platforms like Solana creates pressure. Despite this, Ethereum holds a strong 12.9% market share, solidifying its position as the second-largest cryptocurrency behind Bitcoin.

Ethereum (ETH) has maintained steady growth, climbing from $3,400 to $3,931 this month. The network’s stability and rising adoption of DeFi and NFT projects continue to reinforce its status as a blockchain powerhouse. Technological advancements like zkVM technology improve scalability and privacy, attracting further development. However, competition from faster, lower-fee platforms like Solana creates pressure. Despite this, Ethereum holds a strong 12.9% market share, solidifying its position as the second-largest cryptocurrency behind Bitcoin.