What is Ethereum?

Ethereum

eth

Rank #2 by market cap

Ethereum (ETH) is the world's second-largest cryptocurrency by market cap and the dominant platform for decentralized applications. Unlike Bitcoin — designed mainly as digital money — Ethereum is a programmable global computer: developers build smart contracts (self-executing code) and dApps on it, powering DeFi lending, NFT marketplaces, gaming, and stablecoins. It runs on Proof of Stake since September 2022 (energy use down >99%).

Market snapshot — Ethereumeth#2

Ethereum is the backbone of most of crypto — the vast majority of other chains, tokens, and DeFi apps are built around or reference its design.

Where it trades — verified on all major curated exchanges: Binance, OKX, Bybit, KuCoin.

Risk factors (short list — this is an extremely established network): no contract red flags apply since ETH is the native asset of its chain, but its value is still volatile like all crypto; the team behind the core network is a public open-source foundation, and there's no vesting/unlock schedule to worry about for ETH itself.

This is general information, not financial advice.