$ETH ETH, the native token of the Ethereum network, powers a vast ecosystem of decentralized applications (dApps), ranging from decentralized finance (DeFi) to non-fungible tokens (NFTs). Its value lies in the utility it provides to this leading blockchain infrastructure. The anticipated transition to Ethereum 2.0 (the consensus layer) aims to significantly improve its scalability, security, and sustainability through the Proof-of-Stake mechanism. Despite challenges such as high gas fees and competition, ETH remains a fundamental cryptocurrency, playing a crucial role in the evolution of web3 and the decentralized digital economy. Its future is intrinsically linked to the success and adoption of the Ethereum network.
