$ETH Ethereum (ETH) is one of the most prominent cryptocurrencies in the market today, known for its ability to support smart contracts and decentralized applications (dApps). Launched in 2015, Ethereum has revolutionized the way transactions and applications are conducted on the blockchain.
One of Ethereum's strengths is its ability to allow developers to create a diverse range of applications, from decentralized finance (DeFi) to NFTs (non-fungible tokens). Recently, Ethereum transitioned to a Proof of Stake (PoS) consensus mechanism with the Ethereum 2.0 upgrade, enhancing performance and reducing energy consumption.
The development of Ethereum has not only attracted the attention of investors but also served as a catalyst for many other blockchain projects. However, the cryptocurrency market still carries risks, and investors need to carefully consider before participating. Ethereum continues to be one of the notable coins, promising significant potential in the future.