While most cryptocurrencies have seen their positive trends plateau throughout January, Ethereum has shown why it has remained at the forefront of the crypto market. The platform has surged by 10.33% in the past seven days at the time of writing.

This funding will undoubtedly increase Web3 awareness, creating more job opportunities and increasing Web3 adoption. Since June 2022, BNB has donated more than $2.2 million BUSD, BNB’s stablecoin, to leading educational projects, widening access to Web3 courses.

Ethereum harnesses the power to process 100,000 transactions per second which are higher than that of Solana, Cardano, and several other Proof-of-Stake (PoS) blockchains. Another benefit of the Ethereum blockchain is its ability to remain secure while confirming transactions. Huge amounts of computing power verify and secure transactions, making it virtually impossible for third-party interference. Ethereum’s increase in market capitalisation is attributable to several factors. One is its updated mode of consensus that allows it to perform at a much higher level than other blockchain platforms.