Ethereum Activity Hits Record High as ETH Faces Longest Losing Streak Since 2018

Despite surging blockchain usage, Ethereum’s native token ETH continues declining, approaching its worst monthly performance stretch in over six years.

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Terms & Concepts
  • Ethereum: A decentralized blockchain network supporting smart contracts (self-executing blockchain code) and decentralized applications.
  • ETH: The native cryptocurrency of the Ethereum network, used for transaction fees and decentralized finance activities.
  • Smart Contract: A self-executing blockchain code that automatically enforces terms of an agreement without intermediaries.