$ETH
Ethereum (ETH) is the native cryptocurrency of the Ethereum blockchain, the second-largest cryptocurrency by market capitalization after Bitcoin. Beyond being a digital currency, ETH fuels the Ethereum network, which is a decentralized platform enabling smart contracts and decentralized applications (dApps). It's used to pay transaction fees, known as "gas," and incentivizes validators in its proof-of-stake consensus mechanism. Currently trading around $1,580, ETH has shown volatility but remains a crucial asset in the crypto space due to its utility in the growing DeFi and NFT ecosystems.
