Ethereum
EthereumRank: # 2
Market Cap: $ 300,173,267,464
Volume (24hrs): $ 15,739,685,557
Circulating Supply: 120,681,206 ETH
Price in BTC: Ƀ 0.03119928
Change (1 Hr): 0.00%
Change (7 Days): 6.20%
Change (30 Days): 30.50%
All Time High: $ 4,946.05
All Time High Date: August 24, 2025
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Virtu, Tradeweb complete onchain repo using Marshall Islands digital bondCointelegraph.com News - 8 hours agoThe transaction used the Marshall Islands-issued USDM1 bond as collateral and completed the full repo cycle on the Canton Network in under 10 minutes.Virtu Financial,…
- Here’s what happened in crypto todayCointelegraph.com News - 9 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…
- Trump cost investors $4.7B through crypto ‘schemes’: Public CitizenCointelegraph.com News - 9 hours agoWhile investors in World Liberty Financial‘s USD1 stablecoin “haven’t suffered major losses,” many lost billions of dollars in other Trump ventures, according to Public Citizen.The…
- Mirae Asset lays out crypto, stablecoin, tokenization plans for Digital XCointelegraph.com News - 10 hours agoThe South Korean financial group plans to build a $109 billion digital asset business spanning crypto, stablecoins and tokenized assets, according to The Korea Times.South…
- Grayscale says Zcash can challenge Bitcoin’s network effects as privacy demand growsCointelegraph.com News - 10 hours agoZEC has climbed roughly 19-fold in a year, yet Grayscale says its sub-1% share of Bitcoin’s market cap leaves room for further upside. Zcash could…
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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