$ETH
Ethereum, often described as a decentralized world computer, is more than just a
cryptocurrency. It's a groundbreaking platform that enables the creation of decentralized
applications (dApps) and smart contracts. These self-executing contracts with the terms of the
agreement directly written into code have revolutionized various industries, from finance (DeFi)
to art (NFTs).
Launched in 2015, Ethereum has fostered a vast ecosystem of innovative projects. Its native
cryptocurrency, Ether (ETH), powers the network and is the second-largest cryptocurrency by
market capitalization. While facing challenges like scalability and high gas fees, ongoing
developments like the transition to Ethereum 2.0 (now the Merge) aim to address these issues
and enhance its efficiency and sustainability. Ethereum continues to be a pivotal force driving
the evolution of Web3 and blockchain technology.