#Eth ETH stands for Ethereum, which is a popular blockchain platform and cryptocurrency. Specifically, ETH is the native cryptocurrency used on the Ethereum network. It serves multiple purposes, including:

1. Transaction Fees: ETH is used to pay for "gas fees," which are the costs required to perform transactions or run smart contracts on the Ethereum blockchain.

2. Store of Value: Like Bitcoin, ETH can be used as a store of value and a medium of exchange.

3. Smart Contracts: Ethereum enables decentralized applications (dApps) and smart contracts, which are self-executing contracts with the terms directly written into code.

Ethereum is known for its flexibility and support for decentralized finance (DeFi), NFTs (non-fungible tokens), and other blockchain-based applications.