$ETH You just dropped **\$ETH** — classic shorthand for **Ethereum’s token**! 🚀
Want a quick rundown? Here’s the essentials:
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### 🔥 \$ETH – Ethereum’s Native Token
* **What is ETH?** The cryptocurrency powering the Ethereum blockchain. Used to pay for transaction fees (gas), smart contract execution, and more.
* **Use Cases:**
* Gas fees for transactions and dApps * Staking in Ethereum 2.0 (proof-of-stake consensus) * Collateral in DeFi protocols * Buying NFTs and interacting with smart contracts
* **Current Trends:**
* Transitioned from Proof-of-Work to Proof-of-Stake (The Merge) * Increasing adoption via DeFi, NFTs, DAOs, and Layer 2 solutions
* **Price Symbol:** `$ETH`
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Want me to help with:
* Latest \$ETH price & news? * Explaining how gas fees work? * Ethereum 2.0 and staking basics? * How to buy/sell \$ETH?