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The Present And Future Of The Ethereum Network

Mar. 06, 2020 5:13 PM ETEthereum USD (ETH-USD)BTC-USD18 Comments
Vincenzo Furcillo profile picture
Vincenzo Furcillo


  • The adoption and the development of applications interacting with the Ethereum network have never been stronger, opening many possibilities across a variety of industries.
  • The rise of Decentralized Finance (DeFi) is gaining momentum and creating new investment opportunities for both active and passive investors.
  • Ethereum 2.0 first step, Phase 0, it's very close to being launched. I believe the update will bring substantial benefits to the network and Ether holders.
  • At current price levels, the risk is low compared to the currency's very high potential.


Still living in the shade of Bitcoin (BTC-USD), the Ethereum network and its currency, Ether (ETH-USD), currently occupies the second place in the cryptocurrencies market rank by capitalization. Despite the second place, Ethereum continues to be the innovation hive of the industry. The adoption and the development of applications interacting with the network have never been stronger, opening many possibilities across a variety of industries. The deployment of Ethereum 2.0 should be a powerful catalyst for the network and Ether price growth. The current price of ether stands far below its highs of 1400 dollars in January 2018, and I believe that the most recent 20% drop in price provides a low-risk high-reward long entry point.

An Ocean Of Possibilities - The Rise Of DeFi

Bitcoin is the pioneer of cryptocurrencies and the first successful implementation of the blockchain technology. While the debate is still ongoing about Bitcoin's ability to store value, or to be used as a viable form of payment, it's on other separate blockchains that innovation is thriving.

The Ethereum network, started in 2013, was conceived as a way to fully exploit the potential that the technologies and ideas introduced by Bitcoin brought to the world. In fact, by design, Bitcoin is quite a limited network. Its structural strength is achieved allowing only a limited amount of low complexity operations to be done within the system. Currently, most Bitcoin engineering and development efforts are focused on the addition of transaction features and the general optimization of the network. The bitcoin blockchain could not handle more than payment related development anyway, due to its designed structural limitations. On the other hand, the Ethereum network is versatile and dynamic. Building on the concept of "the world virtual computer", Ethereum allows almost any code to live on the blockchain through the deployment of "smart contracts", which allow entire apps to independently live on the virtual machine

This article was written by

Vincenzo Furcillo profile picture
Top 100 financial bloggers on TipRanks.Risk officer with a focus on exponential growth and exponential decline. Options arbitrage and Blockchain technologies enthusiast. Follow to get updates on my latest research.V

Analyst’s Disclosure: I am/we are long ETH-USD. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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