$ETH Ethereum (ETH) is a decentralized blockchain platform that enables the creation and execution of smart contracts and decentralized applications (dApp). Created by Vitalik Buterin in 2015, Ethereum has a native token called Ether (ETH), which is used to pay transaction and computation fees on the Ethereum network. Ethereum is known for its ability to support a variety of applications, including DeFi (Decentralized Finance) and NFT (Non-Fungible Token).