*Ethereum has cemented its place in the crypto world as the world’s first programmable money. Being the second largest cryptocurrency in the world, Ethereum surpassed Bitcoin in terms of the crypto’s price rise during early 2021.
*Ethereum’s differentiability from Bitcoin lies in the fact that it is relatively cheaper in per unit terms. This fact alone pulls investors towards it, giving them a psychological feeling of making a cheaper investment.
*Biggest contributors to Ethereum’s meteoric rise have been NFTs and DeFi applications. NFTs have seen growing popularity among collectors of art, video game items and fan-based tokens.