$ETH Ethereum (ETH) is a decentralized blockchain platform that enables smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin, Ethereum revolutionized the crypto space by going beyond simple transactions, allowing developers to create complex applications on its network. ETH, its native cryptocurrency, is used to pay for transactions and computational services on the Ethereum Virtual Machine (EVM). With the upgrade to Ethereum 2.0 and the shift to a proof-of-stake consensus mechanism, Ethereum aims to enhance scalability, reduce energy consumption, and lower fees. Its versatility supports NFTs, DeFi platforms, and more, making it a key player in Web3 development. As adoption grows, Ethereum continues to drive innovation in the blockchain ecosystem and global digital economy
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