Looking for the Next Ethereum? 2 Cryptocurrencies to Buy and Hold Right Now
Ethereum was a the first programmable blockchain, a platform where developers can build self-executing programs known as smart contracts. Since its launch, that technology has evolved into decentralized applications (dApps) and decentralized finance (DeFi) platforms, software that exists on a peer-to-peer network rather than centralized corporate servers.
dApps prevent censorship and protect user privacy, and DeFi products make financial services more efficient and more accessible. Given that value proposition, it should come as no surprise that both industries are gaining popularity. In fact, there are now over 3,800 dApps in existence, and $230 billion invested in DeFi products. And in both cases, Ethereum is the leader by a wide margin.
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Source Fool.com
