$ETH Ethereum is a decentralized, open-source blockchain platform best known for its smart contract functionality. Unlike Bitcoin, which primarily focuses on digital currency, Ethereum enables developers to build and deploy decentralized applications (dApps) without intermediaries. Its native cryptocurrency, Ether (ETH), fuels the network and is used to pay transaction fees, known as "gas."

Ethereum's versatility has led to numerous use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Recent on-chain data indicates increased buying pressure, potentially influenced by institutional interest and developments like the US-UK trade agreement. While price predictions vary, some analysts foresee significant growth if key resistance levels are broken.