Ethereum
EthereumRank: # 2
Market Cap: $ 250,778,066,463
Volume (24hrs): $ 21,402,861,272
Circulating Supply: 120,692,086 ETH
Price in BTC: Ƀ 0.02929311
Change (1 Hr): 0.00%
Change (7 Days): 2.52%
Change (30 Days): -8.88%
All Time High: $ 4,946.05
All Time High Date: August 24, 2025
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- SEC ends case against Justin Sun with $10M settlementCointelegraph.com News - 6 hours agoThe Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun in a $10 million settlement.The US Securities and…
- Ether’s path to $2.5K may be trickier than expected: Here’s whyCointelegraph.com News - 7 hours agoCrypto markets spent the week chasing green, but Ether’s rally toward $2,500 might hit significant setbacks. Cointelegraph explains why.Key takeaways:ETH derivatives signal a shift to…
- IRS proposes mandating electronic delivery of tax forms for cryptoCointelegraph.com News - 8 hours agoIf adopted, the proposal will take effect on Jan. 1 of the calendar year following the publication of the final IRS rules.The US Internal Revenue…
- Bitcoin miners offload 15K BTC since October, with more sales expectedCointelegraph.com News - 8 hours agoPublic miners are trimming Bitcoin reserves as tightening margins, debt pressure and a post-crash reset force the industry to rethink its once-popular hold strategy.Bitcoin mining…
- CleanSpark sells 553 BTC for $36.6M in February as miners offload BitcoinCointelegraph.com News - 8 hours agoThe Nasdaq-listed miner sold nearly all of its February production while expanding power capacity in Texas and maintaining a treasury of more than 13,000 BTC.US…
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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