$ETH
Ethereum is an open-source blockchain platform launched in 2015 and is the second largest cryptocurrency after Bitcoin in terms of market capitalization. It is characterized by its ability to execute smart contracts and decentralized applications (dApps), allowing developers to build innovative financial and technical solutions without intermediaries.
The native currency of Ethereum is Ether (ETH), which is used to pay transaction fees and run applications on the network. In 2022, Ethereum transitioned to a Proof of Stake (PoS) mechanism, reducing energy consumption by 99.98% and making the network more efficient and sustainable.
Recently, ETH experienced a 45% increase in May 2025, driven by the "Pectra" upgrade that improved scalability and user experience, enhancing Ethereum's position as a leading platform in the world of decentralized finance and digital applications.