$ETH Ethereum (ETH) is more than just a cryptocurrency—it's a revolutionary blockchain platform that enables decentralized applications (dApps) and smart contracts. Launched in 2015 by Vitalik Buterin and others, Ethereum introduced the concept of programmable money, allowing developers to build decentralized finance (DeFi), NFTs, DAOs, and more on its open-source platform.

Unlike Bitcoin, which is primarily used as digital gold, Ethereum serves as the foundation for Web3—the decentralized internet. ETH, the native token of Ethereum, is used to pay for transactions (known as gas fees), secure the network via staking, and interact with various dApps and services built on the platform.

With the upgrade to Ethereum 2.0—also known as the Merge—Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in 2022, significantly reducing its energy consumption by over 99%. This shift has made Ethereum more scalable, sustainable, and environmentally friendly, paving the way for future innovations.

Ethereum is home to the largest ecosystem in crypto, powering thousands of tokens (like USDT, USDC, and DAI), DeFi protocols (Uniswap, Aave, Compound), and NFT marketplaces (OpenSea, Blur). Developers continue to build on Ethereum thanks to its strong community, mature tooling, and network security.

Whether you’re a trader, investor, or builder, ETH remains one of the most important and versatile assets in the blockchain space. As Ethereum continues to evolve—with upgrades like Danksharding and Layer 2 scaling—ETH is well-positioned to power the decentralized future.

Explore, trade, and learn more about ETH on Binance today.