$ETH **ETH** (Ether) is the native cryptocurrency of the **Ethereum blockchain**, which is a decentralized platform for smart contracts and decentralized applications (dApps).

### Key facts about ETH:

* **Used for transactions and gas fees** on the Ethereum network.

* **Second-largest cryptocurrency** by market cap (after Bitcoin).

* **Supports DeFi, NFTs, DAOs**, and more.

* Runs on **Ethereum 2.0 (Proof of Stake)** as of the 2022 Merge, making it more energy-efficient