$ETH
Ethereum (ETH) is the second-largest cryptocurrency by market capitalization and the leading smart contract platform. It powers decentralized applications (DApps), DeFi protocols, and NFTs. Key aspects of ETH include:
1. Smart Contracts & DApps – Ethereum enables automated agreements and decentralized apps, making it the backbone of DeFi, gaming, and NFTs.
2. Gas Fees – Transaction fees vary based on network congestion; Ethereum’s transition to Proof-of-Stake (PoS) with Ethereum 2.0 has improved efficiency but hasn't eliminated high fees during peak usage.
3. Scalability Solutions – Layer 2 networks like Arbitrum, Optimism, and zk-rollups help reduce costs and speed up transactions.
4. ETH Staking – Users can stake ETH to earn rewards and help secure the network.
5. Institutional Adoption – ETH’s use in DeFi and institutional finance continues to grow, making it a key long-term crypto asset.
Are you trading ETH, or are you considering investing in it?