Mar 15, 2026

Ether, the native token of the Ethereum blockchain, is the world’s second-most-valuable cryptocurrency, according to a report from Yahoo Finance. A hypothetical investment made at its earliest trading price would now be worth millions.

Distinctive Characteristics of Ether

Ether initially used a proof-of-work model but transitioned to proof-of-stake in 2022, after which it could no longer be mined but could be staked for rewards. The asset also supports smart contracts, which enable decentralized applications and other crypto assets. Unlike some other major cryptocurrencies, Ether does not have a maximum supply limit, with a circulating supply of 121 million tokens. Its value is…