$ETH Ethereum (ETH) is a decentralized, open-source blockchain featuring smart contract functionality. It enables developers to build and deploy decentralized applications (dApps), powering innovations like DeFi, NFTs, and DAOs. ETH, the native cryptocurrency, is used for transactions, staking, and gas fees on the network. Ethereum transitioned to Proof of Stake in 2022, significantly reducing its energy usage. Its ecosystem continues to grow with Layer 2 scaling solutions, expanding usability and reducing costs. As the backbone of Web3, Ethereum remains a leading platform in the crypto space, attracting developers, investors, and institutions seeking decentralized solutions beyond simple digital payments.

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