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Ethereum Price Today – Summary
Today’s Ethereum price is $ 3,146.73, reflecting a -1.39% over the past 24 hours. This movement impacts its market capitalization, which currently stands at $ 0. The 24-hour trading volume of $ 44,778,822,531 suggests decreased market activity. Ethereum’s supply is 120,423,804 ETH out of a total 0 ETH. For historical context, the all-time high for Ethereum was $ 0.00000000000000 reached on November 11, 2024.
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Data source: https://coinmarketcap.com/
Are you planning to buy Ethereum with your FIAT or other Cryptos? Use these ETH to FIAT and ETH to Crypto converters to determine how much Ethereum you can buy:
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Understanding Ethereum
What is Ethereum?
Ethereum is a decentralized blockchain platform enabling smart contracts and decentralized applications (DApps). It utilizes ether (ETH) as its native cryptocurrency. Ethereum’s programmable nature allows developers to build diverse applications spanning finance, gaming, and more. It aims to evolve with upgrades like Ethereum 2.0 for scalability and sustainability improvements.
How Does Ethereum Work?
Ethereum’s proof-of-stake (PoS) mechanism, implemented in Ethereum 2.0, replaces mining with validators who stake ether to secure the network. Validators are chosen to propose and validate blocks based on their stake and reputation. PoS aims to increase scalability, security, and energy efficiency while rewarding validators with transaction fees and block rewards.
Ethereum History:
Ethereum, proposed in 2013 by Vitalik Buterin, launched in 2015 with a vision for decentralized applications and smart contracts. It quickly gained traction, hosting ICOs and pioneering DeFi and NFTs. Upgrades like Ethereum 2.0 aim to enhance scalability and sustainability. Its impact revolutionizes finance and blockchain technology.
Why buy Ethereum?
Innovation Hub
Flip to discover!Innovation Hub
Ethereum pioneers decentralized applications and smart contracts, driving innovation across industries.
Investment Potential
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Ethereum’s ongoing upgrades and growing community support make it a promising investment in decentralized technology and finance.
Diverse Applications
Flip to discover!Diverse Applications
Ethereum enables diverse use cases, from DeFi to NFTs, fostering a vibrant ecosystem of innovation.
Scalability and Growth
Flip to discover!Scalability and Growth
Ethereum’s focus on scalability ensures its relevance and potential for sustained growth.
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How to Store Ethereum Securely
Hot Wallets (Software)
Convenient for frequent use, but more vulnerable online (examples: ChainMyne Wallet, Exodus, etc.).
Cold Wallets (Hardware)
Offer maximum security by storing Ethereum offline (examples: Ledger, Trezor).