$BTC is the native token of the Ethereum network, founded by Vitalik Buterin. Ethereum powers decentralized applications, smart contracts, and DeFi protocols, making it the backbone of Web3 innovation. Its primary purpose is to enable programmable, trustless financial and digital infrastructure globally.

Ethereum has no fixed hard cap like Bitcoin, but its supply dynamics changed after the The Merge, shifting to Proof of Stake and reducing issuance significantly. With EIP-1559 burning a portion of transaction fees, ETH can become deflationary during high network activity, strengthening long-term value potential.
From a price perspective, $ETH is maintaining a strong higher low structure while consolidating below a key resistance zone. Buyers continue defending major support levels, and volume patterns suggest steady accumulation. A breakout above resistance could trigger strong upside continuation.
Looking ahead, growth in DeFi, NFTs, Layer-2 scaling, and institutional adoption positions Ethereum for sustained expansion. Pullbacks within structure present strategic spot accumulation opportunities as the network continues to dominate smart contract innovation.