$ETH Ethereum (ETH) is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). It was created by Vitalik Buterin in 2015 and is the second-largest cryptocurrency by market capitalization after Bitcoin. ETH serves as the native cryptocurrency of the Ethereum network, used to pay for transaction fees and computational services. Ethereum’s smart contract capabilities revolutionized the blockchain ecosystem, allowing for trustless, automated agreements without intermediaries. With its growing ecosystem and upcoming upgrades like Ethereum 2.0, ETH continues to lead in the world of decentralized finance (DeFi), NFTs, and blockchain innovation.