$ETH

Ethereum is a digital platform and cryptocurrency known by the symbol ETH, and it is the second largest currency after Bitcoin. It was developed to enable the creation of decentralized applications and smart contracts, which are programs that execute automatically without intermediaries. Unlike Bitcoin, which focuses on payments, Ethereum aims to build a decentralized internet. The network has undergone a significant update known as Ethereum 2.0, in which it transitioned to a proof-of-stake system to reduce energy consumption and improve performance. ETH is used to pay transaction fees, participate in decentralized finance (DeFi), and purchase non-fungible tokens (NFTs).