Coin of the Week  – Ethereum

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  • January 7, 2021
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07 January 2021.

One of the best performing Altcoin in the past 7 days was Ethereum. It is currently trading at $1,193.99 and is up by an incredible 61.73% against the US Dollar over 7 days and unbelievable 114.86% over 30 days.

  • Trading volume of Bitwise verified 10 exchanges (last 24hrs): $8,963,739,798.75
  • Active Addresses (7 day average): 562.17971K

Ethereum is a public, open-source, blockchain-based distributed software platform. Developers use Ethereum to build and deploy decentralized applications.

Ethereum appeals to a range of developers. It allows you to write code that can control digital value and it is accessible by everyone, anywhere in the world.

Developers use Solidity, a smart contract language, to deploy smart contracts to the blockchain. These smart contracts can operate indefinitely with a high degree of finality and fraud-resistance.

Ethereum’s first block was mined in July 2015 and is now the largest platform of its kind with a market capitalization $135,525,647,604.

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