If you've got $1,000 to invest that you don't need for anything else in the short or medium term, and are looking at the cryptocurrency market, there are literally thousands of options. However, based on a combination of fundamentals and recent developments, Ethereum (CRYPTO: ETH) stands out from the crowd.

There are several compelling reasons why the world's second-most valuable cryptocurrency is deserving of your $1,000, but three stand out above the rest: regulatory acceptance, its deflationary nature, and its dominance in decentralized finance (DeFi).

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Source Fool.com