Ethereum $ETH is the second-largest cryptocurrency by market cap, known for its powerful smart contract capabilities and role in powering decentralized applications (dApps). Unlike Bitcoin, which is primarily a store of value, Ethereum acts as the foundation for DeFi, NFTs, and a wide range of blockchain-based innovations.
Following its transition to Proof-of-Stake (The Merge), Ethereum has significantly reduced its energy consumption and introduced new tokenomics that make it more deflationary over time. With upcoming scalability upgrades like Proto-Danksharding (EIP-4844), $ETH is positioned to support faster and cheaper transactions — a key step toward mass adoption.
As institutional interest grows and layer-2 networks expand, Ethereum continues to be a cornerstone asset for both long-term investors and developers in the Web3 space.