$ETH Ethereum is a decentralized blockchain platform that allows the creation of smart contracts and decentralized applications (dApps). Founded in 2015 by Vitalik Buterin, ETH is its native cryptocurrency that facilitates transactions and the functioning of the network. The platform is notable for its ability to program code on its blockchain, driving innovations in decentralized finance (DeFi), non-fungible tokens (NFTs), and more. Ethereum has evolved with updates such as Ethereum 2.0, which aims to improve scalability and sustainability through the transition to a proof-of-stake consensus mechanism. It is one of the most influential projects in the crypto ecosystem.