The general crypto market has increased in market cap in 24 hours, up by 2.89%. Ethereum (ETH), the second-largest crypto project, is also trading in the green in the same time period. Despite being so early in 2023, ETH has recorded significant price gains in the crypto market. Ethereum is still off its all-time high value, but its price shows resilience with the current upsurge. Related Reading: This Is How The Bitcoin Price Will Be Affected By Macro: Charles Edwards What Is Driving Ethereum’s Rally? The recent gains recorded could be attributed to the notable projects hosted on the Ethereum network. The Ethereum blockchain remains the most popular blockchain for NFTs. The blockchain is also the pioneer of smart contracts, which is now the widely adopted technology in crypto. These smart contracts enable crypto users to interact seamlessly and securely on the blockchain. Ethereum Name Service (ENS) is one of the innovations on the Ethereum network. ENS is a distributed naming system that helps to shorten a cryptocurrency address by assigning readable names to eliminate confusion. Also, ETH ..
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