Ethereum’s Year of Triumphs and Trials: Innovations, Regulatory Battles, and Trump’s Crypto Moves Unfold in 2024
In a year marked by both significant innovations and regulatory challenges, Ethereum, the blockchain platform behind the second-largest cryptocurrency, ETH, experienced a tumultuous 2024. Despite upgrades aimed at reducing transaction costs and high-profile support, including an endorsement from President-elect Donald Trump, the anticipated financial windfalls for investors did not materialize as expected, leading to mixed sentiments across investment communities. The year started with a promising development as Ethereum’s decentralized network underwent an upgrade named Dencun. This upgrade significantly reduced the cost of executing transactions on Ethereum’s platform, enhancing its scalability and user experience. Meanwhile, Trump … Read more