$ETH , or Ethereum, is the second-largest cryptocurrency by market capitalization, right after Bitcoin. Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum is more than just digital money—it’s a decentralized platform that allows developers to build smart contracts and decentralized applications (dApps). What makes $ETH stand out is its flexibility and innovation. Unlike Bitcoin, which primarily functions as a digital currency, Ethereum offers a whole ecosystem where blockchain technology can be applied beyond finance, including gaming, supply chain, digital identity, and more.
$ETH is the native token of the Ethereum network and is used to pay for transactions and computational services. With the shift from Proof of Work (PoW) to Proof of Stake (PoS) through Ethereum 2.0, the network has become more energy-efficient and scalable. This upgrade has strengthened Ethereum’s potential as the backbone of Web3—the next phase of the internet where users have more control over their data and assets.
Investors and developers alike are drawn to Ethereum for its active community, constant development, and wide range of use cases. As blockchain adoption continues to grow, ETH is likely to remain a key player shaping the future of decentralized technology.