$ETH Here’s a brief 120-word (or less) summary about **\$ETH (Ethereum)**:
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**Ethereum (\$ETH)** is a decentralized, open-source blockchain platform that enables smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and others, it allows developers to build on its blockchain using its native cryptocurrency, Ether (ETH). Unlike Bitcoin, which is mainly for transactions, Ethereum supports complex programmable functions. It transitioned to a proof-of-stake model in 2022 (The Merge), reducing energy consumption by over 99%. ETH is widely used in DeFi, NFTs, and Web3. It remains the second-largest cryptocurrency by market cap after Bitcoin.
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