$ETH

$ETH, or Ether, is the native cryptocurrency of the Ethereum blockchain. Unlike Bitcoin, Ethereum is designed for more than simple transactions; it enables the creation of decentralized applications (dApps), smart contracts, and numerous blockchain-based innovations. $ETH is essential for executing operations and paying transaction (gas) fees on the network. As Ethereum shifts from proof-of-work to proof-of-stake, energy consumption has decreased, making it more sustainable. Ethereum is at the core of decentralized finance (DeFi) and NFTs, driving much of the crypto industry’s innovation. $ETH is widely traded and recognized as the second-largest cryptocurrency by market capitalization.