$ETH Ethereum ($ETH), the second-largest cryptocurrency by market cap, continues to gain traction as a cornerstone of the decentralized ecosystem. With the successful transition to proof-of-stake through the Merge, Ethereum now offers improved energy efficiency and scalability potential. Its robust smart contract functionality powers countless decentralized applications (dApps), NFTs, and DeFi protocols. As institutional interest grows and Layer 2 solutions expand, $ETH remains a key asset in crypto portfolios. Market volatility persists, but Ethereum’s strong developer community and continuous upgrades—like the upcoming Dencun upgrade—reinforce long-term confidence. Investors view $ETH not just as a currency, but as the backbone of Web3 innovation.