RE: LeoThread 2025-07-09 13:47

Part 9/12:

From its inception, Ethereum’s true strength has been its vibrant ecosystem. The platform catalyzed the ICO boom of 2017, leading to billions raised and numerous new projects. During the DeFi summer of 2020, Ethereum solidified its role as the backbone of decentralized finance, enabling lending, borrowing, and trading without intermediaries.

The NFT boom of 2021 further showcased Ethereum’s versatility, with digital art, collectibles, and gaming assets proliferating on its platform. Despite its popularity, Ethereum's scalability limits became apparent—producing high fees and network congestion during periods of intense activity.

Price Fluctuations and Growing Maturity