Ethereum (ETH) is a smart contract platform that powers decentralized apps (dApps), DeFi, NFTs, and more. It’s like a programmable blockchain, not just a digital currency.

  • ETH is used to pay gas fees.

  • Runs on Proof of Stake, making it energy-efficient.

  • Hosts the largest Web3 ecosystem (Uniswap, OpenSea, Arbitrum, etc.)

  • Deflationary due to ETH burning (EIP-1559).

  • Key to DeFi, NFTs, and Web3 innovation.




In short: Ethereum is the foundation of the decentralized internet.