$ETH

$ETH is the native cryptocurrency of the Ethereum blockchain, a decentralized platform enabling smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and others, Ethereum goes beyond simple transactions by allowing programmable logic through smart contracts. $ETH is used to pay for computational services and transaction fees on the network, commonly called "gas." It plays a crucial role in DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and Web3 innovations. With its shift to a Proof-of-Stake consensus via Ethereum 2.0, $ETH aims to enhance scalability, reduce energy consumption, and increase network security for long-term sustainability and adoption.