Today's Ethereum Price Summary
Ethereum's price today is $3,420.14 USD, with a 24-hour trading volume of $47,019,778,771 USD. ETH is up 9.12% in the last 24 hours. Ethereum is currently ranked #2 with a market capitalization of $414,615,773,048 USD.
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Ranked # 2
Price
$3,420.14 (9%)
All Time High
$4,878.26 (-29%)
Market Cap
$414,615,773,048
Volume (24h)
47,019,778,771
Circulating Supply
120,453,571 ETH
About Ethereum
Ethereum (ETH) is a decentralized computing platform and distributed ledger technology that enables the development, execution, and management of smart contracts and decentralized applications (Dapps).
The Ethereum network was founded in 2015 by Vitalik Buterin, a Russian-Canadian programmer, and Gavin Wood. At the time, blockchain technology and cryptocurrencies were still relatively new concepts. Buterin saw the potential for Ethereum to leverage this technology to create a platform with more uses than just digital currency. Through his work on creating a platform specifically designed for decentralized applications and smart contracts, Ethereum quickly grew in popularity.
Unlike Bitcoin, which is primarily used as a digital currency, Ethereum's blockchain technology supports a variety of tasks, such as exchanging money or property, managing data, controlling digital assets and identity, and enabling users to handle complex financial transactions. Thanks to its robust technology, Ethereum has become one of the most popular cryptocurrencies. With its promise for further growth and development, Ethereum could very well revolutionize the way we use digital data and manage financial transactions in the future.
Ethereum is making a major shift to Ethereum 2.0, an upgraded version of the Ethereum blockchain that uses a proof-of-stake consensus model. This upgrade is meant to improve the speed, efficiency, and scalability of the network. The move to Ethereum 2.0 marks a significant change in the network's consensus algorithm, as it will no longer use an energy-intensive proof-of-work algorithm. Instead, users can stake their Ether tokens to validate transactions and earn rewards for doing so.
The successful development of Ethereum can largely be attributed to Vitalik Buterin's vision that saw beyond just digital currency when he created it with Gavin Wood. It is no surprise that people are increasingly looking to learn more about what is Ethereum, how it works, and its potential applications.
What type of cryptocurrency is Ethereum?
The ETH token on the Ethereum network is classified as a type of Currency.
What is Ethereum All-Time High price (ATH)?
On November 10th, 2021 02:24:19 PM, Ethereum hit a historic high of $4,878.26 USD. It has been about 3 years ago since Ethereum reached its peak.
What is Ethereum All-Time Low price (ATL)?
On October 20th, 2015 12:00:00 AM, Ethereum reached a bottoming price of $0.4329790000 USD. About 9 years ago has passed Ethereum has seen such a low price.
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Community Posts
Ethereum
at
$2,945.95
on
May 1, 2021
This is getting exciting! We have been hearing about Ethereum 2.0 since 2017 and now it's closer than ever. The soon-to-be #ProofOfStake blockchain promising to be fast and cheap is getting ready to be deployed. We hope this super experimental Eth1-Eth2 post-merge test network goes according to plan. #Ethereum2 decrypt.co/...stnet
Steklo is a short-lived testnet designed to shed light on one way proof of stake could function.
Ethereum
at
$1,408.62
on
Jan 19, 2021
Ethereum price has been exploding. Almost as if it's a living, breathing creature consciously trying to break its all-time-high price of $1400. Most likely this is the run-up to the Ethereum future launch on February 4th. www.cmegroup.com/....html
View all press releases pertaining to events in the CME Group derivatives markets. Keep up with product launches, trade records, and more.
Ethereum
at
$1,228.04
on
Jan 16, 2021
We saw what this news did for Bitcoin. Now it's happening to Ethereum. The scarcity of the top cryptos is about to take hold of the price. Supper bullish! cointelegraph.com/...hours
With more than one-quarter of Ether reserves leaving centralized exchanges, ETH may be on the cusp of an explosive rally as demand overtakes supply.
Ethereum
at
$229.46
on
Jun 19, 2020
Reddit plans to introduce it to 430 Million users to Ethereum with a scalable ERC20 token - cointelegraph.com/...users
Reddit has partnered with the Ethereum Foundation to explore scaling solutions for its crypto-powered rewards system, asking the crypto community to submit and vet proposals
Ethereum
at
$148.15
on
Dec 3, 2019
On Friday Nov 29th Ethereum developer Virgil Griffith was arrested by the United States for training North Koreans to evade sanctions. Griffith is now to be released from jail with trial pending. www.coindesk.com/...trial
A judge ruled that the U.S. Department of Justice has enough evidence to move a case against ethereum developer Virgil Griffith to trial.
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