$ETH $ETH refers to Ether, the native cryptocurrency of the Ethereum blockchain. Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps). Ether is used to pay for transaction fees and computational services on the network.
*Key Facts About Ether:*
- *Ticker Symbol:* ETH
- *Blockchain:* Ethereum
- *Use Cases:* Transaction fees, smart contract execution, decentralized applications
- *Supply:* Unlimited, with new ETH being created through a process called mining
Ether's value can fluctuate based on market demand and supply. It's widely traded on cryptocurrency exchanges and is considered one of the most popular digital assets. If you're interested in learning more about Ether or investing in it, consider researching reputable sources and understanding the risks involved ¹.