Ethereum ETH Overview
$2,550.53 (-1.93% 24h change)
Understanding Ethereum (ETH)
ETH serves as the native cryptocurrency of the Ethereum network, powering smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum pioneered programmable blockchain technology, enabling developers to build applications with self-executing code. Its interoperability with Layer 2 scaling solutions and cross-chain bridges has significantly enhanced liquidity across the crypto ecosystem.
Market Performance
- Current Price: $2,550.53
- Market Cap: $307.89B
- 24h Trading Range: $2,529.12 (Low) - $2,634.26 (High)
- Volatility: Like all crypto assets, ETH remains subject to price fluctuations
👉 Track real-time ETH/USD price action
Key Features of Ethereum
- Smart Contracts: Automated agreements that execute when conditions are met
- ERC-20 Standard: Enables creation of custom tokens for governance and fee payments
- EIP-1559 Upgrade: Introduced a deflationary mechanism by burning portion of transaction fees
- Proof-of-Stake (PoS): Energy-efficient consensus model adopted in 2022
Ethereum vs Bitcoin Comparison
| Feature | Ethereum | Bitcoin |
|---|---|---|
| Primary Use | dApps & Smart Contracts | Digital Gold & Store of Value |
| Supply | No hard cap | 21M coin limit |
| Consensus | PoS (Energy Efficient) | PoW |
| Flexibility | Regular protocol upgrades | Focused on stability |
FAQ Section
What is Ethereum's all-time price record?
- ATH: $4,891.70
- ATL: $0.4209
How does Ethereum staking work?
With the 2022 PoS transition, users now earn rewards by locking ETH to validate transactions instead of traditional mining.
Where can I buy Ethereum securely?
Major exchanges and platforms like 👉 OKX offer instant purchases via debit/credit cards or P2P services.
What's the best way to store ETH?
Hardware wallets or reputable services with 2FA, PIN protection, and AML compliance provide optimal security.
What is Gas in Ethereum?
A unit measuring computational costs for network operations, paid in ETH to compensate validators.
Top Trending Cryptocurrencies (24h %)
| Rank | Coin | Change |
|---|---|---|
| 1 | BTC | +2.3% |
| 2 | SOL | +5.1% |
| 3 | XRP | -1.2% |
Why Ethereum Matters
- DeFi/NFT Foundation: Powers 80%+ of decentralized finance applications
- Developer Activity: Leading blockchain for dApp creation
- Scalability: Continuous upgrades improve transaction throughput
For those entering crypto, understanding Ethereum's role as the backbone of Web3 innovation is crucial. Its combination of security, flexibility, and community support makes ETH a cornerstone of any digital asset portfolio.