Current ETH Market Overview
๐ Latest Price: $2,534.42 (โยฅ18,160)
๐ 24h Change: -2.47%
๐ Market Cap Rank: #2
๐ Updated: Just now
Key Metrics
| Metric | Value |
|---|---|
| 24h High | $2,633.29 |
| 24h Low | $2,532.21 |
| All-Time High | $4,881.74 |
| All-Time Low | $0.420897 |
| 24h Volume | $116.5B |
| Circulating Supply | 120.719M ETH |
| Market Dominance | 9.05% |
๐ Track ETH price in real-time
Understanding Ethereum (ETH)
What Is Ethereum?
Ethereum is a decentralized, open-source blockchain featuring smart contract functionality. Its native cryptocurrency, Ether (ETH), serves as:
- Payment for transaction fees ("Gas")
- Compensation for computational services
- A tradeable asset like Bitcoin (BTC)
Launched in 2015 after a 2014 crowdsale, Ethereum introduced blockchain 2.0, enabling developers to build decentralized applications (DApps) through its Turing-complete programming environment.
Key Innovations
- Smart Contracts: Self-executing agreements without intermediaries
Four Development Phases:
- Frontier (2015) - Initial experimental release
- Homestead (2016) - First stable version
- Metropolis (2017-2019) - Byzantium & Constantinople upgrades
- Serenity (Upcoming) - Transition to Proof-of-Stake (PoS)
ETH Tokenomics
- Initial Supply: ~72M ETH (2014 crowdsale)
- Current Supply: 120.719M ETH (100% circulating)
- Inflation Model: No fixed cap; issuance controlled via network upgrades
ETH vs. BTC: Key Differences
| Feature | Ethereum (ETH) | Bitcoin (BTC) |
|---|---|---|
| Primary Use | Smart contracts & DApps | Digital gold/store of value |
| Consensus | Moving to PoS (Casper) | PoW (SHA-256) |
| Block Time | ~13 seconds | ~10 minutes |
| Supply | No hard cap | 21M fixed supply |
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FAQs About Ethereum
โ How to buy ETH?
Purchase ETH on major exchanges like:
- Binance
- Coinbase
- OKX
Use fiat or trade against other cryptocurrencies.
โ What's Ethereum 2.0?
The network's upgrade to Proof-of-Stake, improving scalability through:
- Sharding (parallel transaction processing)
- Lower energy consumption (~99% less than PoW)
โ Where to store ETH securely?
Recommended wallets:
- Hardware: Ledger Nano X
- Mobile: Trust Wallet
- Web: MetaMask
โ Why do gas fees fluctuate?
Ethereum's transaction costs vary based on:
- Network congestion
- Smart contract complexity
- ETH price volatility
Market Analysis & Trends
- Recent Performance: -3.53% (30 days) but +3.83% (7 days)
- Institutional Adoption: Enterprise Ethereum Alliance (EEA) members include JPMorgan and Microsoft
- Future Outlook: Layer-2 solutions (e.g., Optimism, Arbitrum) aim to reduce fees before full Eth2 rollout
Note: Crypto markets are highly volatileโalways conduct independent research before investing.
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