$ETH Ethereum (ETH): Much More than a Cryptocurrency

Ethereum (ETH) is much more than a digital currency; it is a decentralized platform that revolutionized the blockchain world by introducing smart contracts. Created by Vitalik Buterin and launched in 2015, Ethereum allows developers to build decentralized applications (dApps) that operate without the need for intermediaries.

ETH, its native token, is used to pay transaction fees, also known as gas fees, and is essential for interacting with the network. Over time, Ethereum has evolved into a complete ecosystem that encompasses sectors such as decentralized finance (DeFi), NFTs, Web3 gaming, and more.

Following its transition to Ethereum 2.0, the network changed from a proof of work (PoW) model to proof of stake (PoS), improving its scalability and energy efficiency. Thanks to its constant innovation and active community, Ethereum remains a key player in the evolution of decentralized technologies.