$ETH

$ETH (Ethereum)

Ethereum (ETH) is the second largest cryptocurrency after Bitcoin in terms of market capitalization. It was launched in 2015 by Vitalik Buterin and others.

Its main features:

Currency: ETH is the native currency of the Ethereum network, and is used to pay transaction fees (Gas Fees).

Network: A decentralized blockchain platform that supports smart contracts and decentralized applications (DApps).

Uses: Used to develop decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and more.

Upgrade: Ethereum underwent a major upgrade in 2022 (Ethereum 2.0) to improve network efficiency and reduce energy consumption by switching to a proof-of-stake (PoS) mechanism.

Ethereum is a cornerstone in the world of digital currencies and modern blockchain technologies.