Ethereum is a decentralized blockchain platform designed to support smart contracts and decentralized applications (dApps). Unlike Bitcoin, Ethereum goes beyond simple transactions by enabling programmable logic through smart contracts. The native cryptocurrency of Ethereum is ETH, often referred to as ETH crypto or Ether. What is ETH crypto? it’s the digital token used to power and secure the Ethereum network. ETH crypto price fluctuate based on demand, development progress, and global crypto trends. With thousands of projects built on Ethereum, it remains at the heart of the crypto ETH ecosystem.
Ethereum (ETH) Crypto Exchange
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Choose available network and swap
Ethereum supports the following networks – see the list below.
ETH NetworksSmart contractExchange
EthereumSmart contract
Ethereum (Binance Smart Chain)Smart contract
0x2170ed0880ac9a755fd29b2688956bd959f933f8
Arbitrum EthereumSmart contract
Ethereum (Optimism)Smart contract
Ethereum (ZkSync Era)Smart contract
Ethereum (Base)Smart contract
Ethereum (Starknet)Smart contract
0x049d36570d4e46f48e99674bd3fcc84644ddd6b96f7c741b1562b82f9e004dc7
Ethereum (Linea)Smart contract
Ethereum (Manta)Smart contract
Ethereum (Unichain)Smart contract
ETH Market Data
Ethereum market information: ETH price, capitalization, supply
Ethereum Price is $2,662.6229. Its current circulating supply is eth 120,716,539 with a market cap of $321,422,622,915.56.
PRICE
$ 2,662.6229
MARKET CAP
$ 321,422,622,915.56
24h % PRICE
3.26 %
24H VOLUME
$ 20,253,145,212.99
7d % PRICE
8.59 %
COIN SUPPLY
120,716,539 ETH
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What is Ethereum (ETH)
Ethereum is an open-source, decentralized computing platform that allows smart contracts and decentralized applications (dApps). The more poetic name of the Ethereum project is “a world computer”. It was introduced in 2013 in a whitepaper written by Vitalik Buterin. It described the idea of creating a decentralized platform that will allow users to implement smart contracts and design decentralized applications.
The idea behind Ethereum is to enhance opportunities for blockchain technology and to go beyond just transferring value from one to another. Ethereum’s native currency – Ether (ETH) is used as gas, which refers to fuel for the execution of smart contracts and functioning of dApps. After the London fork in the Ethereum network, when EIP-1559 was implemented, a gas-burning mechanism was launched, which caused a strong growth in the ETH price.
On September 15th, 2022, the Ethereum network went through the long-awaited Merge and transitioned to the Proof-of-Stake consensus algorithm. According to the network's website, the new update reduced Ethereum's energy consumption by ~99.95%. This has also led to the creation of EthereumPoW or ETHW, a fork of the Ethereum mainnet that retained the Proof-of-Work mechanism.
Ethereum Q&A
To perform a transaction in the Ethereum network, you will need ETH coin to cover the network fees.
Here are some top projects in the Ethereum network:
The MakerDAO project offers a stable and decentralized currency Dai that can be used by individuals and businesses alike. One of the key advantages of Dai is its financial freedom with no volatility. It is a price-stable currency that you can generate on your own terms, instantly. The Maker Protocol, supported by the community of MKR token holders, governs the project and ensures decentralized governance. MakerDAO has created a growing ecosystem with over 400 integrated apps and services, including wallets, DeFi platforms, games, and more.
Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets. Aave Grants DAO is a community-led grants program to fund ideas submitted by the Aave protocol’s community, with a focus on empowering a wider network of community developers.
The Uniswap project is a leading decentralized crypto trading protocol that offers several use cases. Firstly, it allows users to swap cryptocurrencies directly, providing a seamless and secure trading experience. Secondly, it enables users to earn rewards by providing liquidity to the protocol through liquidity pools. Lastly, Uniswap serves as a foundation for developers to build decentralized finance (DeFi) applications and tools on Ethereum, empowering them with resources like documentation, SDKs, and open-source code. Additionally, the Uniswap Governance Forum allows participants to propose upgrades and actively participate in shaping the future of the protocol through voting.
Ethereum is considered by many investors as a strong long-term asset in the cryptocurrency market. As the second-largest crypto by market cap after Bitcoin, Ethereum has consistently shown high adoption, developer activity, and real-world use cases. Investors looking at ETH crypto price prediction, often see potential in the growing DeFi, NFT, and Web3 sectors that rely on Ethereum. However, like all cryptocurrencies, Ethereum is volatile, and anyone investing in Ethereum ETH should be aware of the risks involved.
Whether Ethereum will go up depends on many factors, including network upgrades, macroeconomic trends, and crypto market sentiment. The integrations of new scalability features, demand for smart contracts, and approval of an Ethereum ETF could all positively affect the ETH crypto price. Analysts who publish Ethereum price predictions monitor Ethereum’s utility and ecosystem growth closely. Despite volatility, Ethereum remains a top contender among crypto assets, making many wonder how high will Ethereum go in the future.
Traditionally, users could mine Ethereum using powerful GPUs, contributing computational power to validate transactions. However, since Ethereum’s transition to Proof-of-Stake (Ethereum 2.0), Ethereum mining is no longer possible in the traditional sense. Instead, users can stake ETH to help secure the network and earn rewards. For those still searching “how to mine Ethereum”, it’s important to note that the shift in consensus changed how ETH crypto is created and maintained. ETH staking has replaced mining in the post-Merge Ethereum network.
Unlike Bitcoin, which has a fixed supply of 21 million, Ethereum has no maximum supply. However, due to Ethereum’s EIP-1559 upgrade and its move to proof-of-stake, ETH issuance has decreased significantly, and some ETH crypto is regularly burned, reducing the circulating supply. Those tracking Ethereum news often monitor these metrics to assess long-term trends in ETH crypto price.
No, Ethereum is far from dead. In fact, Ethereum continues to dominate in terms of developer activity, DeFi projects, and NFT platforms. While Ethereum price can fluctuate, and news headlines may stir short-term fear, the protocol’s upgrade to Ethereum 2.0 and its growing ecosystem show strong fundamentals. Questions like “is Ethereum dead” often arise during market downturns, but in the bigger picture, Ethereum remains a leading force in blockchain innovation. Interest in Ethereum ETF discussions and Ethereum price prediction charts further highlight investor confidence.
