Ethereum (ETH) Overview
$2,549.04 (-1.79% in 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 pioneered programmable blockchains, enabling developers to build applications with self-executing code. The network also facilitates interoperability with Layer 2 scaling solutions and cross-chain bridges, enhancing liquidity and usability across the crypto ecosystem.
Current Market Performance
Ethereum continues to demonstrate significant growth while maintaining volatility typical of crypto assets. As of today:
- Price: $2,549.04
- Market Cap: $307.71B
- 24h Range: $2,529.28 - $2,634.43
Why Ethereum Stands Out in Crypto
- Beyond Currency: Ethereum is a platform for creating dApps that leverage smart contracts for secure, automated transactions.
- Token Standardization: The ERC-20 protocol enables custom token creation for governance and transaction fee payments.
- Economic Innovation: With EIP-1559, Ethereum introduced a deflationary mechanism by burning portions of transaction fees during high network activity. Combined with its Proof-of-Stake (PoS) consensus, this positions Ethereum uniquely among blockchain platforms.
👉 Discover how Ethereum's upgrades impact your portfolio
Ethereum vs. Bitcoin: Key Differences
| Feature | Ethereum | Bitcoin |
|---|---|---|
| Primary Function | dApp/Smart Contract Platform | Digital Gold/Store of Value |
| Consensus | Proof-of-Stake (PoS) | Proof-of-Work (PoW) |
| Supply | No hard cap (controlled burn) | Fixed 21M supply |
| Energy Efficiency | 99.95% less energy than PoW | High energy consumption |
Ethereum FAQ
What is Ethereum's all-time high price?
Ethereum reached its ATH at $4,891.70**, with its ATL being **$0.4209.
How has Ethereum mining changed?
Since Ethereum's transition to PoS in September 2022:
- Mining has been replaced by staking
- Users now earn rewards by locking ETH to validate transactions
Where can I buy Ethereum securely?
Purchase ETH through reputable exchanges using:
- Credit/Debit cards
- P2P services
- Bank transfers
👉 Compare exchange rates for Ethereum purchases
Securing Your ETH Holdings
Protect your assets with these best practices:
- Use hardware wallets for large holdings
- Enable two-factor authentication (2FA)
- Store recovery phrases offline
- Verify all smart contract interactions
Understanding Ethereum Gas Fees
Gas measures the computational effort required for operations:
- Measured in gwei (1 gwei = 0.000000001 ETH)
- Dynamic pricing adjusts based on network demand
- EIP-1559 introduced base fee + priority fee structure
Top Performing Cryptocurrencies (24h % Change)
| Coin | Price | Change |
|---|---|---|
| BTC | $XX,XXX | +X.XX% |
| ETH | $2,549 | -1.79% |
| SOL | $XXX.XX | +X.XX% |
Maximize Your Crypto Experience
- Stay Updated: Join Ethereum developer forums
- Earn Passive Income: Explore staking opportunities
- Track Portfolio: Use Cryptomus for comprehensive analytics
"Ethereum's flexibility continues to drive Web3 innovation, making it the backbone of decentralized finance." - Crypto Analyst