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Ethereum is an open source public blockchain platform with smart contract functionality that provides decentralized Ethereum Virtual Machine (EVM) to handle peer-to-peer contracts through its dedicated cryptocurrency Ethereum (ETH).The concept of Ethereum was first proposed by programmer VitalikButerin between 2013 and 2014, inspired by Bitcoin, with the general meaning of "Next Generation Cryptocurrency and Decentralized Application Platform"

The Layer1 project that is currently receiving attention has basically come to an end after Sui goes online.The Ethereum Killer narrative that began in 1617 has come to an end (not that Layer1 projects are cool and will continue to emerge, but rather that Ethereum can no longer be replaced)After the birth of BTC, many so-called BitcoinKillers emerged, including BTC Diamonds, Zcash, ZEC, Monroe, and even Ethereum, all aimed at solving a certain problem with BTC

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

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On March 17th, the price of Ethereum decisively broke through the resistance trend line of the giant wave pattern. The formation of this form itself is a sign of uncertainty among participants, highlighting the unclear trend that ETH prices have witnessed since February 2023