$ETH (ETH) is much more than just a simple cryptocurrency; it is a decentralized open-source platform that has revolutionized the digital world. Imagine a giant global computer where anyone can build applications that operate without the need for intermediaries like banks or companies. This is the vision of Ethereum.
Its technology enables the creation of "smart contracts," which are like self-executing agreements written in code. These contracts are automatically triggered when certain conditions are met, opening up a universe of possibilities for decentralized applications (dApps) in areas such as finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and many more.