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The Economic Times
The Economic Times
Surbhi Khanna

Ethereum surged significantly in 11 years. What's next for the second-largest cryptocurrency?

Ethereum (ETH), the world's second-largest cryptocurrency, has recorded monumental growth in the 11 years since its launch on July 30, 2015. The first price when it became available for anyone to buy on public exchanges in early August 2015 was $2.77.

The biggest achievement of ETH has been proving that blockchain can be much more than a way to transfer value. By introducing smart contracts, it opened the door to innovations like DeFi, stablecoins, tokenisation, NFTs and thousands of decentralised applications, according to Vikaas M Sachdeva, CEO, BitDelta India.

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