Ethereum Market Overview
$2,555.82 (-1.58% 24h)
Key Features of Ethereum
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 revolutionized blockchain technology by introducing programmable functionality. This innovation allows developers to build self-executing applications and has fostered interoperability with Layer 2 scaling solutions and cross-chain bridges.
Current Market Performance
- Price: $2,555.82
- Market Cap: $308.53 billion
- 24h Range: $2,529.21 - $2,634.35
Why Ethereum Stands Out
- Smart Contract Platform: Beyond being a cryptocurrency, Ethereum provides the foundation for dApps that automate transactions securely.
- ERC-20 Standard: Enables creation of custom tokens for governance and transaction fees.
- EIP-1559 Implementation: Introduces a deflationary mechanism by burning portions of transaction fees, potentially making ETH scarcer during high network activity.
- Proof-of-Stake (PoS): Makes Ethereum more energy-efficient than proof-of-work systems.
👉 Discover how Ethereum compares to Bitcoin
Ethereum vs Bitcoin: Key Differences
| Feature | Ethereum | Bitcoin |
|---|---|---|
| Primary Use | dApp Platform | Digital Gold |
| Consensus | PoS | PoW |
| Supply | No hard cap | 21M cap |
| Flexibility | Programmable | Fixed protocol |
FAQ Section
What are Ethereum's all-time price extremes?
- All-Time High (ATH): $4,891.70
- All-Time Low (ATL): $0.4209
How does staking replace mining in Ethereum?
Since Ethereum's transition to PoS in September 2022, users validate transactions by staking ETH instead of mining. This change significantly reduces energy consumption while maintaining network security.
Where can I buy Ethereum securely?
Platforms like Cryptomus offer multiple purchase options:
- Credit/Debit cards
- P2P services
- Exchange platforms
👉 Get started with ETH purchases
What is Gas in Ethereum?
Gas measures the computational effort required for operations. Users pay Gas fees to compensate validators for processing transactions.
Top Cryptocurrencies (24h Performance)
| Coin | Price Change |
|---|---|
| ETH | -1.58% |
| BTC | +0.32% |
| SOL | +3.21% |
Note: Table represents sample data. Actual cryptocurrencies may vary.
Get More With Cryptomus
- Community Engagement: Join Telegram for updates
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- Mobile App: Manage assets on-the-go
Disclaimer: All investment involves risk. Past performance doesn't guarantee future results.