Ethereum
EthereumRank: # 2
Market Cap: $ 231,134,439,846
Volume (24hrs): $ 7,998,785,294
Circulating Supply: 120,682,112 ETH
Price in BTC: Ƀ 0.02951052
Change (1 Hr): 0.10%
Change (7 Days): 3.10%
Change (30 Days): 10.40%
All Time High: $ 4,946.05
All Time High Date: August 24, 2025
Ethereum Coverter:
Ethereum Coverter:
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Donald Trump’s media company to terminate Crypto.com dealCointelegraph.com News - 1 hour agoThe president’s company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets onto Truth Social.US President…
- US Treasury’s OFAC sanctions 2 Iran-linked crypto exchangesCointelegraph.com News - 2 hours agoThe US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to…
- Here’s what happened in crypto todayCointelegraph.com News - 4 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and…
- Circle expands USDC to OKX ecosystem with X Layer launchCointelegraph.com News - 5 hours agoThe rollout gives X Layer users access to Circle-issued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.Circle has launched its USDC…
- Reform UK chair calls for probe into SBF-linked donation: ReportCointelegraph.com News - 5 hours agoAs the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his…
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.
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