$ETH
Ethereum is a decentralized, open-source blockchain system with smart contract functionality, and its native cryptocurrency is Ether (ETH). Here are some key points about Ethereum:
- *Current Price*: $1,787.76, with a 9.82% increase over the last day and a market capitalization of $215.84 billion.
- *Market Ranking*: Ethereum is ranked #2 in market capitalization.
- *Blockchain Functionality*: It allows developers to build and deploy decentralized applications (dApps) that can execute smart contracts.
- *Smart Contracts*: Self-executing contracts with terms written directly into code, enabling various use cases like decentralized finance (DeFi), non-fungible tokens (NFTs), and more.
- *History*: Ethereum was first described in a 2013 whitepaper by Vitalik Buterin and launched on July 30, 2015.