$ETH
Ethereum,meaning Ethereum, is a popular cryptocurrency and blockchain platform.
It was launched in 2015 and created by Vitalik Buterin. The special thing about Ethereum is that it’s not just a digital currency, but also a decentralized platform where "smart contracts" and "DApps" (Decentralized Applications) can be built.
Key Points:
Currency: Its native token is called Ether (ETH).
Smart Contracts: Self-executing agreements that run on the blockchain without the need for a third party.
DeFi: Decentralized Finance systems can be built on Ethereum without traditional banks.
NFTs: Non-Fungible Tokens are also mostly created on the Ethereum network.
Role in the Market:
Ethereum is the second most valuable cryptocurrency in the world after Bitcoin. It plays a foundational role in the growth of the blockchain industry.
Latest Situation (April 2025):
The price of $ETH has recently seen some volatility.
Many companies and institutions are adopting Ethereum-based technologies, especially in Web 3.0 and DeFi sectors