$ETH Ethereum (ETH) is the second-largest cryptocurrency in the world after Bitcoin. It was launched in 2015 by Vitalik Buterin with the aim of creating a decentralized platform, not just a digital currency. Ethereum allows developers to build and run smart contracts and decentralized applications (dApps) without any central authority. ETH is the native coin of the Ethereum network and is used to pay transaction fees, known as gas fees. One of Ethereum’s biggest strengths is its support for decentralized finance (DeFi) and non-fungible tokens (NFTs). In 2022, Ethereum shifted from Proof of Work to Proof of Stake, making the network more energy-efficient. This upgrade also improved security and scalability. Ethereum has a strong developer community and continuous upgrades planned for the future. Due to its wide use and innovation, ETH is considered one of the most important cryptocurrencies in the crypto market.

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