Ethereum (ETH)

Ethereum is a blockchain designed for programmable applications, not just transfers. It’s commonly used for tokens, stablecoins, NFTs, and many on-chain services that run via smart contracts.

What is Ethereum?

Ethereum is a public blockchain that lets developers run smart contracts—programs that execute on-chain. This enables a wide range of crypto activity, from token issuance and stablecoins to on-chain exchanges and lending protocols. Ethereum’s native asset, ETH, is used to pay for network usage (“gas”) and is also held and traded like other major cryptocurrencies. Since many assets and applications share Ethereum as a base layer, Ethereum network conditions (activity, fees, upgrades, and ecosystem news) can influence a broad set of markets. Ethereum has gone through major protocol changes over time, including a shift to proof of stake for block production. For tracking, ETH can be useful as a “market infrastructure” signal: when Ethereum is busy, it often means on-chain demand is rising somewhere. A calm tracker helps you keep ETH in context—alongside other large assets—without turning every headline into a decision point.

Common use cases

• Paying network fees to use applications built on Ethereum
• Transferring and interacting with tokens (including many stablecoins)
• Supporting decentralized apps through smart contract activity
• Using ETH as a base asset in trading pairs across exchanges

Why track ETH with Cryptolandia?

• ETH is tied to broader on-chain activity and application demand
• Clear price + news tracking helps contextualize ecosystem upgrades and events
• Watching ETH with other majors makes market rotation easier to recognize

FAQ

What are smart contracts on Ethereum?

They’re programs stored on the blockchain that can hold assets and execute logic when called, without a central server.

What does ETH pay for?

ETH is used to pay gas fees, which cover the computational and storage resources consumed by transactions and smart contracts.

Is Ethereum only for NFTs?

No. NFTs are one use case, but Ethereum also supports stablecoins, token trading, lending, governance, and many other apps.

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