$ETH
Ethereum ($ETH) is a decentralized blockchain platform enabling smart contracts and decentralized applications (dApps). Its native cryptocurrency, Ether, fuels network operations and incentivizes validators. Ethereum's market capitalization exceeds $300 billion, with Ether's price fluctuating based on market sentiment and adoption. Key features include ¹ ²:
- *Smart Contracts*: Self-executing contracts with automated enforcement
- *Decentralized Finance (DeFi)*: Lending, borrowing and trading platforms
- *Non-Fungible Tokens (NFTs)*: Unique digital assets representing art, collectibles and more
- *Scalability Solutions*: Ongoing developments to improve network efficiency and capacity
As the second-largest cryptocurrency by market capitalization, Ethereum plays a vital role in the blockchain ecosystem, driving innovation and adoption. Its potential applications span various industries, from finance to art.