Current ETH Price Overview
- Latest Price: $2,431.13 (≈¥17,420)
- 24h Change: -2.21%
- Global Market Rank: #2
- Last Updated: Just now
Key Metrics (24h)
| Metric | Value |
|---|---|
| High/Low | $2,486.04 / $2,383.02 |
| All-Time High | $4,881.74 |
| All-Time Low | $0.420897 |
| Trading Volume | 254.5M ETH |
| Trading Value | $9.434B |
| Circulating Supply | 120.71M ETH (100%) |
| Market Dominance | 8.88% |
| 24h Volatility | 4.32% |
What Is Ethereum (ETH)?
Ethereum (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as "gas" to pay for transactions and computational services. Launched on July 24, 2014, it's the second-largest cryptocurrency by market cap and a pioneer in smart contract technology.
Key Features:
✅ Smart Contracts: Self-executing agreements enabling trustless transactions.
✅ Decentralized Applications (DApps): Supports Turing-complete programming for diverse use cases.
✅ Four Development Phases:
- Frontier (2015) - Initial test network.
- Homestead (2016) - First stable release.
- Metropolis (2017-2019) - Scalability upgrades (Byzantium & Constantinople).
- Serenity (Upcoming) - Transition to Proof-of-Stake (PoS) with Casper.
👉 Discover how ETH compares to other top cryptocurrencies
Ethereum Market Trends
Recent Performance
- 7-Day Change: -0.61%
- 30-Day Change: -2.66%
Historical Context
Ethereum reached its peak price of $4,881.74 during the 2021 bull market. Its ecosystem expanded with the Enterprise Ethereum Alliance (2017), joining forces with companies like JPMorgan and Microsoft.
FAQs About Ethereum
1. How is ETH different from Bitcoin?
While both are cryptocurrencies, ETH enables smart contracts and DApps, whereas BTC focuses on peer-to-peer digital cash.
2. Where can I buy Ethereum?
Purchase ETH on major exchanges like Binance or Coinbase.
👉 Explore secure ETH trading platforms
3. What’s Ethereum’s max supply?
Unlike Bitcoin’s fixed 21M cap, ETH has no hard supply limit, but issuance is controlled via EIP-1559 fee burns.
4. Will Ethereum’s price recover?
Market cycles suggest potential long-term growth, especially with Ethereum’s ongoing upgrades (e.g., Danksharding for scalability).
Final Thoughts
Ethereum remains a cornerstone of decentralized finance (DeFi) and Web3 innovation. Monitor live price charts and news for strategic trading opportunities.
Did You Know? Over 80% of DApps run on Ethereum’s network!