**1. Ethereum Virtual Machine is a big deal**
The Ethereum Virtual Machine is one of the biggest strong points of the Ethereum blockchain is the virtual machine. It is a complex programmable system that allows people to build pretty much anything on Ethereum. Since the project started, thousands of complex programs in smart contracts have been developed on it.
**2. Ethereum is gaining in institutional adoption**
Ethereum has been gaining in adoption over the years, and this will only grow with time. This is quite evident in the makeup of the Enterprise Ethereum Alliance (EEA). This is alliance is made up of some of the largest institutions in the world, including JP Morgan. As decentralization takes root in society, these institutions will build even more on Ethereum and drive up the demand for ETH. This is a factor that will see the level of Ethereum rise in value going into the future. It’s a huge reason to be bullish on Ethereum.
**3. Ethereum 2.0 is a game-changer**
Ethereum 2.0 is a big deal and will propel Ethereum to new heights in the long run. The Ethereum 2.0 is a shift of Ethereum from a Proof-of-Work blockchain to a Proof-of-Stake. The move solves two problems. The first one is that of scalability and transaction costs. Since there will no miners, the rising cost of gas that has posed a challenge in the past will be non-existent after the full transition. Secondly, the shift will make Ethereum more environmentally friendly, a factor that could draw in environmentally conscious investors, especially institutional ones.
**4. Ethereum has a quality developer team**
Ethereum has one of the best developer teams in crypto, rivalled only by that of Bitcoin. A person like Vitalik Buterin is a computing expert and was already creating scenarios for scaling solutions way before the current transition.
**5. Ethereum is one of the most decentralized cryptocurrencies**
In the crypto space, decentralization is the key to success. Quite logical considering that decentralization is the whole essence of the market, both for freedom and security. Ethereum’s decentralized nature is in the diverse nature of its miners. Just like Bitcoin, no single miner, or group of miners control the Ethereum mining process.
There are tons of reasons to be bullish on Ethereum!