Spring Expression Language (SpEL) with @Value: dollar vs. hash ($ vs. #)

${expr} --> Immediate Evaluation

#{expr} --> Deferred Evaluation

Immediate evaluation means that the expression is evaluated and the result returned as soon as the page is first rendered. Deferred evaluation means that the technology using the expression language can use its own machinery to evaluate the expression sometime later during the page’s lifecycle, whenever it is appropriate to do so.

Complete reference here

There is no JSP EL, JSP uses SpEL. SpEL fits to technology that is using it.

${...} is the property placeholder syntax. It can only be used to dereference properties.

#{...} is SpEL syntax, which is far more capable and complex. It can also handle property placeholders, and a lot more besides.

Both are valid, and neither is deprecated.