$ETH $ETH The currency pair $ETH, which represents Ethereum against another currency, is a key instrument in cryptocurrency trading. Ethereum, one of the leading cryptocurrencies, is widely used on smart contract platforms and decentralized applications. Currency pairs like $ETH allow traders to assess the value of Ethereum in relation to other currencies, whether fiat or crypto. This facilitates trading and investment in cryptocurrency markets. Additionally, currency pairs are essential for determining price trends and conducting technical analysis, helping traders make informed decisions in a dynamic market.