Ethereum
EthereumRank: # 2
Market Cap: $ 356,640,848,984
Volume (24hrs): $ 23,720,406,163
Circulating Supply: 120,694,351 ETH
Price in BTC: Ƀ 0.03354390
Change (1 Hr): 0.39%
Change (7 Days): -1.73%
Change (30 Days): 0.23%
All Time High: $ 4,946.05
All Time High Date: August 24, 2025
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- Sony doubles down on Soneium after first year of mainnet activityCointelegraph.com News - 3 hours agoSony has added a $13 million investment to its partnership with Startale, signaling a longer-term infrastructure strategy, a year after Soneium’s mainnet debut.Sony Group Corp.…
- Strive buys 334 BTC, shaves most debt from Semler Scientific dealCointelegraph.com News - 5 hours agoStrive has now become one of the top 10 largest corporate Bitcoin holders, with a treasury of 13,132 BTC, worth $1.17 billion.Bitcoin treasury company Strive…
- Here’s what happened in crypto todayCointelegraph.com News - 7 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- Trump officials to meet banks, crypto companies as CLARITY talks resume: ReportCointelegraph.com News - 8 hours agoUS President Donald Trump’s administration is seeking to break a deadlock over crypto market structure legislation as lawmakers remain divided on stablecoin yield.Officials in the…
- Ripple takes blockchain into the back office with new treasury platformCointelegraph.com News - 8 hours agoBuilt on Ripple’s GTreasury acquisition, the platform integrates cash management with blockchain settlement as digital assets gain a foothold on corporate balance sheets.Ripple has expanded…
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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