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Strategies & Market Trends : Blockchain and Cryptocurrencies

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From: Elroy7/18/2025 8:34:07 AM
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From a very high level (not in the details at all) can someone explain why Ethereum (and to a lesser extent), Cardano) have significant value? They've been around for many years, and still don't do anything useful for normal people who are not deeply into crypto.

I get Bitcoin as THE ONE anonymous distributed disinflationary store of wealth etc etc.

And I understand that Ethereum (and Cardano) have smart contracts that allow some software functions to execute and DO SOMETHING via a blockchain.

But so far, Ethereum doesn't do much outside of the crypto universe, right? Why is it the number 2 crypto in market cap, and why does it continue to grow in value without achieving mass market adoption of whatever functions it is going to eventually deliver?
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