Ethereum price, charts, marketcap and other stats

Ethereum
ETH
$ 3,181.09
0.03304788 BTC
Marketcap
$ 383,967,716,105
Volume (24h)
$ 23,963,571,024
Circulating Supply
120,696,252 ETH
Total Supply
120,696,252 ETH


What is Ethereum?

Ethereum is a decentralized operating system. The platform introduced, in practice, the concept of "decentralized applications". Its founder, Vitalik Buterin, has been engaged in the development of blockchain and Bitcoin since its inception.

Today, several cryptocurrencies are issued in ICOs using Ethereum. These tokens are called ERC-20, and they are the foundation for running scripts in the Ethereum Virtual Machine. Through the development of "smart contracts", Ethereum made it possible to sign tokens that have a specific function besides being a medium of exchange and broadened the capabilities of blockchain "transactions".

Its key cryptocurrency is the Ether, which is usually used for payments in smart contracts or dApps. In addition, Ethereum is also fueled with GAS, a cryptocurrency associated with operations that require some kind of computation from its nodes. The GAS price is proportional to the type of the computational power required execute a task. Therefore, a fee in GAS is included to pay for the nodes running or authenticating a transaction.

Originally, Ethereum used proof-of-work to reach consensus. The Casper protocol, however, gradually shifted Ethereum consensus from PoW to a custom proof-of-stake protocol.


Ethereum Calculator

ETH

More Info


  • Charts

  • Historical Data

  • Markets

  • Social

  • News

  • Comments

  • Zoom
  • Hour
  • Day
  • Week
  • Month
  • Year
  • All Time
  • Type
  • Line Chart
  • Candlestick
* Currency in USD
Historical Price for Ethereum
DateOpenCloseHighLowVolume
Ethereum Markets
#SourcePairVolumePriceChangeUpdated

What is Crypto Market Cap?

Crypto market cap is the total value of all the coins of a particular cryptocurrency that have been mined or are in circulation. Market capitalization is used to determine the ranking of cryptocurrencies. The higher the market cap of a particular crypto coin, the higher its ranking and share of the market. Crypto market cap is calculated by multiplying the total number of coins in circulation by its current price. For instance, to calculate the market cap of Ethereum, all you need to do is multiply the total number of Ethereum in circulation by the current price of one Ethereum and you will get its market cap.

How to compare Cryptocurrencies Market Cap?

Crypto market cap can be divided into three categories:

  • Large-cap cryptocurrencies (>$10 billion)
  • Mid-cap Cryptocurrencies ($1 billion – $10 billion)
  • Small-cap cryptocurrencies (<$1 billion).

As a financial metric, market cap allows you to compare the total circulating value of one cryptocurrency with another. Large cap cryptocurrencies such as Bitcoin and Ethereum have a market cap of over $10 billion. They typically consist of protocols that have demonstrated track records, and have a vibrant ecosystem of developers maintaining and enhancing the protocol, as well as building new projects on top of them. While market cap is a simple and intuitive comparison metric, it is not a perfect point of comparison. Some cryptocurrency projects may appear to have inflated market cap through price swings and the tokenomics of their supply. As such, it is best to use this metric as a reference alongside other metrics such as trading volume, liquidity, fully diluted valuation, and fundamentals during your research process.