$ETH $ETH is the ticker symbol for Ethereum, the second-largest cryptocurrency by market cap after Bitcoin. Here’s a quick overview:

Full Name: Ethereum

Token: ETH (also called Ether)

Launched: 2015 by Vitalik Buterin and others

Purpose: A decentralized platform for building and running smart contracts and decentralized applications (dApps)

Consensus Mechanism: Proof of Stake (as of the Ethereum 2.0 upgrade/"The Merge" in 2022)

Use Cases:

Powering dApps and DeFi protocols

NFT transactions

DAO governance

Gas fees for executing smart contracts

Would you like to know the current price, recent developments, or how it compares to other blockchains like TRON?