$ETH

Ether is the native cryptocurrency of Ethereum. It is used to pay for transaction fees and computational services on the network.

Ethereum supports the development of dApps across industries like finance (DeFi), gaming, NFTs (non-fungible tokens), and more.

In 2022, Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in an upgrade called The Merge. This reduced energy consumption by over 99%.