$ETH Ethereum (ETH) is the second largest cryptocurrency by market capitalization, just after Bitcoin. Here are some key facts about Ethereum:
### Current Price
The current price of Ethereum is around **€2,608.40.
### Key Features
- **Smart Contracts**: Ethereum allows the creation and execution of smart contracts, which are autonomous programs that execute automatically when certain conditions are met.
- **Decentralized Applications (dApps)**: Ethereum is a platform for developing decentralized applications, which operate without intermediaries.
- **DeFi and NFTs**: Ethereum is at the heart of the decentralized finance (DeFi) and non-fungible tokens (NFTs) ecosystem.
### Recent Trends
- **Price Potential**: Some analysts predict that Ethereum price could reach **$5,000** on new catalysts.
- **Short Positions**: There are rumors that hedge funds like Bridgewater are holding significant short positions on Ethereum.
- **Mysterious Transactions**: Recently, an individual destroyed 600 ETH to draw attention to a global conspiracy.