Ethereum
EthereumRank: # 2
Market Cap: $ 292,950,548,065
Volume (24hrs): $ 23,967,509,541
Circulating Supply: 120,690,898 ETH
Price in BTC: Ƀ 0.03138166
Change (1 Hr): 0.20%
Change (7 Days): 7.96%
Change (30 Days): 10.16%
All Time High: $ 4,946.05
All Time High Date: August 24, 2025
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- Ethereum NFT platform Foundation shuts down after failed Blackdove saleCointelegraph.com News - 9 hours agoFoundation is shutting down after a failed sale to Blackdove, having processed about $230 million in NFT primary sales since its launch in 2021.Foundation, one…
- Tokenization doesn’t ‘magically’ fix illiquid assets: PBW 2026Cointelegraph.com News - 9 hours agoIndustry speakers at Paris Blockchain Week said tokenization can broaden access and issuance, but it does not by itself create active secondary markets for illiquid…
- Texas man in $20M Meta-1 Coin fraud sentenced to 23 years in prisonCointelegraph.com News - 13 hours agoMeta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which…
- Crypto in sustained winter as CEX volumes drop 39% in Q1: CoinGeckoCointelegraph.com News - 13 hours agoMarch was the “weakest month” with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023.The cryptocurrency market has entered a “sustained…
- Cybersecurity researcher uncovers fake Ledger sold on Chinese marketplaceCointelegraph.com News - 13 hours agoThe researcher said they examined the fake Ledger device’s firmware and found signs pointing to a Chinese semiconductor company named Espressif Systems.A Brazilian security researcher…
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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