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One of the Best Cryptocurrencies to Buy With $500 Right Now
One of the Best Cryptocurrencies to Buy With $500 Right Now

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One of the Best Cryptocurrencies to Buy With $500 Right Now

Key Points The crypto's value will likely rise as its network activity increases. Its upcoming network upgrades should attract more developers. New ETFs with staking features could drive its price even higher. 10 stocks we like better than Ethereum › Cryptocurrencies aren't great investments for conservative investors, since they're usually volatile, difficult to understand, and tough to properly value. Higher interest rates also tend to curb the market's appetite for cryptocurrencies and other risky investments. Therefore, it's not a great idea to park your life savings in the crypto market. But if you have some cash you can afford to lose, it still might be smart to nibble on a few promising cryptocurrencies. One of the best tokens to buy right now is Ether (CRYPTO: ETH), which could turn a modest $500 investment into a few thousand dollars within the next few years. What sets Ether apart from other cryptocurrencies? Ether is the native cryptocurrency of the Ethereum blockchain, which was launched in 2015. Ethereum originally used the same proof of work (PoW) consensus mechanism as Bitcoin (CRYPTO: BTC), which meant its tokens could be mined. But in 2022, Ethereum transitioned to the more energy-efficient proof of stake (PoS) consensus mechanism. After that transition, Ether could no longer be mined -- it had to be "staked" to earn interest-like rewards. Ethereum also gained the ability to support smart contracts, which are used to develop decentralized apps (dApps), non-fungible tokens (NFTs), and other tokenized assets. Ethereum is now the largest developer platform for decentralized applications, and it has deployed over 3 million smart contracts and hosts thousands of dApps, NFTs, and other assets. Every transaction that occurs on Ethereum costs a "gas fee," which is paid to the validators who process the transactions and execute the smart contracts. A percentage of each fee, which is paid in a tiny fraction of Ether called a "gwei," is then burned (removed from circulation). That process makes Ether both an inflationary and deflationary token. When Ethereum's network activity increases, it becomes deflationary as more tokens are burned than issued. But when its network activity declines, it becomes inflationary as more tokens are issued than burned. That's why Ether, which has a circulating supply of 120.7 million tokens, is usually valued by the growth of its developer ecosystem instead of its fluctuating scarcity. Why is Ether a promising long-term investment? Ethereum faces some competition from Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA), which are both PoS blockchains that can process transactions faster than its Layer 1 (L1) blockchain. That might seem like a red flag for Ethereum's developer-oriented blockchain. Yet, Ethereum is keeping pace with those faster challengers with its Layer 2 (L2) solutions, which bundle together multiple transactions and process them off-chain at higher speeds. After being processed, they're returned to Ethereum's L1 blockchain, which is often considered more secure than Solana or Cardano because it has the biggest pool of validators. Ethereum's usage of L2 solutions also relieves the network congestion on its L1 blockchain. Solana is the fastest L1 PoS blockchain, but it has consistently struggled with congestion and security issues. Cardano's network also slows down during peak periods. Ethereum's next three upgrades -- The Verge, The Purge, and The Splurge -- should widen its moat against Solana, Cardano, and other developer-driven PoS blockchains. The Verge will improve its scalability, The Purge will reduce its network congestion and gas fees, and The Splurge will provide more optimizations to ensure its blockchain runs as efficiently as possible. As those upgrades attract more developers and boost Ethereum's network activity, more Ether will be burned. Lastly, the first spot price ETFs for Ether were approved last year, but they didn't include any of its staking features (which would have added a 3% to 4% annual yield). If the Securities and Exchange Commission (SEC) approves a new batch of Ether ETFs with staking rewards, they could draw in more investors as interest rates gradually decline. How much could a $500 investment in Ether grow? Ether currently trades just below $4,500 with a market cap of $542 billion, but it's still a lot less valuable than Bitcoin, which trades at nearly $120,000 with a market cap of $2.38 trillion. The near-term price targets for Ether are all over the map, but some analysts expect it to rise as high as $20,000 and boost its market cap to $2.4 trillion within the next year. Ark Invest's Cathie Wood previously claimed its price could reach $166,000 by 2032. I'd take those bullish estimates with a grain of salt, but I believe lower interest rates, new staking ETF approvals, and its upcoming network upgrades could easily cause its price to double or triple within the next few years. So while its price might remain volatile, it has a clear path toward turning a $500 investment into at least a few thousand dollars. As always, crypto should only make up a small part of a larger, diversified portfolio. Do the experts think Ethereum is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Ethereum make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,070% vs. just 184% for the S&P — that is beating the market by 885.55%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. One of the Best Cryptocurrencies to Buy With $500 Right Now was originally published by The Motley Fool Sign in to access your portfolio

SoundHound's millionaire boss founded 3 software startups before even graduating—he tells Gen Z who want to be their own boss ‘throw darts randomly'
SoundHound's millionaire boss founded 3 software startups before even graduating—he tells Gen Z who want to be their own boss ‘throw darts randomly'

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SoundHound's millionaire boss founded 3 software startups before even graduating—he tells Gen Z who want to be their own boss ‘throw darts randomly'

SoundHound AI CEO Keyvan Mohajer built his -inspired $6.5 billion company in his Stanford dorm room—but even before then, he already had three software startups under his belt. They weren't all unicorns, but the willingness to pursue big ideas despite the risk of failure is a lesson Gen Z founders can embrace, he tells Fortune. As someone who immigrated from Iran at age 17 knowing little English, becoming a tech entrepreneur one day may have seemed like a far-fetched dream. But Keyvan Mohajer always kept the mindset: You cannot hit big unless you try. And try he did. By the time he walked across the stage at the University of Toronto to receive his bachelor's degree in engineering, Mohajer already had three software companies to his name. Each later became profitable and helped seed the voice-AI project he began in his Stanford dorm room in 2004—which evolved into SoundHound AI. Today, the AI-voice communication company is worth more than $6.5 billion and has landed deals with clients including Nvidia, Snapchat, Mercedes-Benz, and more. For Mohajer, who serves as CEO, failure has only ever served as motivation. And, it's a lesson Gen Z eager to launch side gigs can learn from: The willingness to go out on a limb and build a company from scratch may sound intimidating—but it only takes one good idea to explode into major success. 'Every attempt, you should think of it as this is the one that's going to succeed… Because if you just throw darts randomly at the target, for every attempt, there is the one that's going to get the bullseye,' Mohajer tells Fortune. From dorm room to the boardroom Mohajer grew up always fascinated by two things: movies and robots. So, after first seeing Star Trek, he always dreamed of how to bring computerized voice systems into the real world. But only after meeting his later cofounders, James Hom and Majid Emami, during his Stanford electrical engineering doctoral program did he realize he could be part of the team to make it a reality. Their first product was simple: query by humming. Two weeks prior to Christmas, the team didn't leave their dorm room until they could build a product that could take their database of 20,000 media files and detect what song was being hummed. But by December 24, the code was cracked.'It was on Christmas Eve that I finally hummed this Godfather soundtrack, and it told me, 'You're singing The Godfather,'' he said to the Iranian Students of California's The Tale of a Success series. His pitch to investors became simple: AI-powered voice is the future. 'In 20 years we will talk to computers and they will talk back to us and that will change computing.' And while it took years for SoundHound to get up off the ground, he tells Fortune finding his passion, or what makes his 'heart beat faster,' has been core to his success today. 'You can do things and go through life and get by and check boxes and be average,' he says. 'But I really wanted to be excellent, and I wanted to push boundaries. I want to go to places others haven't gone before, and that gave me the drive to be an entrepreneur and just push the limits and combining the two.' While SoundHound's market performance has had dramatic ebbs and flows, the stock price is up over 200% in the past year. This is thanks in part to a better-than-expected earnings report from earlier this month; the company's revenue is up 217% year-over-year. Its market cap is over $6.5 billion. Founders who got their start in the dorm room At a time when college students are questioning the value of a degree, SoundHound's founding story is another reminder of the innovation that often spurs across college campuses—even if it is just from cofounders meeting for the first time. Companies such as Databricks, a $62 billion data software company, as well as Google, worth over $2.4 trillion, also planted roots in college. Both sets of founders met on Stanford's campus. But there perhaps is no more famous company that spurred from the college experience than Facebook. Mark Zuckerberg met his cofounders, Eduardo Saverin, Dustin Moskovitz, and Chris Hughes at Harvard University and built the foundation of the social platform now known as Meta (now worth nearly $2 trillion). The billionaire returned to his alma mater in 2017 and said he never expected to be such an entrepreneurial success story. 'The thing is, it never even occurred to me that someone might be us,' Zuckerberg said. 'We were just college kids. We didn't know anything about that. There were all these big technology companies with resources. I just assumed one of them would do it.' 'We've all started lifelong friendships here, and some of us even families,' he added. 'That's why I'm so grateful to this place. Thanks, Harvard.' This story was originally featured on

Ethereum stakers head for the exit, causing $3.8bn logjam
Ethereum stakers head for the exit, causing $3.8bn logjam

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timean hour ago

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Ethereum stakers head for the exit, causing $3.8bn logjam

If you're looking to unstake your Ethereum, you'd better pack a lunch — and maybe a few spares. The validator exit queue has swelled to an all-time high of more than $3.8 billion worth of Ether, with average wait times now exceeding 15 days. That's a major shift from the norm since Ethereum's switch to proof-of-stake in 2022. Before mid-June, delays longer than 24 hours were rare and short-lived. Staking is the process of locking up ETH to help secure the network in return for yield, while unstaking is withdrawing those funds. The exodus is being driven largely by liquid staking platforms. Over the past month, Lido, and Coinbase have seen a combined 573,000 Ether, worth around $2.5 billion, withdrawn, accounting for the lion's share of recent exits. DeFi researcher Ignas partially attributes the mass unstaking to a broader unwinding of leveraged staking loops. It's a once-popular strategy where users staked Ether for tokens like stETH, borrowed Ethereum on Aave using that token as collateral, and repeated the cycle to boost yield. But when Aave's borrow rates spiked to over 10% in late July following a $1.7 billion Ether withdrawal (largely attributed to Justin Sun), the math broke down. Loopers scrambled to unwind positions, triggering a cascade of unstaking activity from liquid staking providers who had backed those DeFi strategies. 'Even if borrow rates stabilize,' Ignas warned, 'loopers are worried that stETH or other LST depegs could cause position liquidations. Better to unwind now and stay safe.' The wave of withdrawals may also be preparation for upcoming Ethereum staking ETFs. New SEC guidance in early August clarified that liquid staking tokens are not securities, potentially clearing the way for more institutional interest. Still, some early holders may simply be taking profits or reallocating after Ethereum's rebound to a four-year high above $4,500 — up 180% from just four months ago. Kyle Baird is DL News' Weekend Editor. Got a tip? Email at kbaird@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

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