Ethereum: Bull vs. Bear
Ethereum (CRYPTO: ETH), the second-largest cryptocurrency by market value, has been on a monstrous run and is up about 453% this year. Furthermore, Ethereum, which is fueled by Ether tokens, has really begun to show that it can be used in many other ways aside from just as a currency. After such a big run, however, let's take another look at the bull and bear cases for Ethereum.
Bram Berkowitz: Ethereum showed how much real-world utility it has this year with the widespread release of non-fungible tokens (NFTs), which are essentially digital ownership certificates for things like artwork, pictures, audio, and video files that are stored and secured on a distributed ledger, and typically associated with some kind of scarcity. Who knows, in 50 years, people may be more likely to show off their digital artwork in the metaverse than hang it on the actual walls of their homes. Ethereum's technology also is being used in many other industries such as finance, gaming, and advertising.
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Source Fool.com
