$ETH $ETH, also known as Ether, is the native cryptocurrency of the Ethereum blockchain. Here are some key details about ETH:

- *Current Price*: $2,606.73

- *Market Cap*: $305.82 billion, making it the second-largest cryptocurrency by market capitalization

- *Recent Change*: 2.61% increase in the last 24 hours

Some notable aspects of Ethereum and ETH include ¹:

- *Smart Contract Functionality*: Ethereum's decentralized blockchain allows for the deployment of smart contracts, which enable decentralized applications (dApps) and decentralized finance (DeFi) platforms.

- *Non-Fungible Tokens (NFTs)*: Ethereum's ERC-721 standard has facilitated a multi-billion dollar digital collectibles market.

- *Proof-of-Stake (PoS) Consensus*: Ethereum transitioned to PoS in 2022, reducing its energy usage by over 99%.

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