Ethereum Price Today, Live Chart & History

Ethereum
ETH
Buy Ethereum
Sell Ethereum
$1,581.52
0.01874128 BTC
Marketcap
$190,902,540,485
Volume (24h)
$8,231,749,900
Circulating Supply
120,700,645 ETH
Total Supply
120,700,645 ETH

Ethereum (ETH) Price Chart

Explore the Ethereum (ETH) live price chart for in-depth insights into its market performance.

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Ethereum (ETH) Price History

Delve into the Ethereum (ETH) price history to understand its long-term value trends.

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Historical Price for Ethereum
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Ethereum (ETH) to USD Converter

Use our Ethereum to USD converter to seamlessly convert Ethereum (ETH) for accurate financial planning.

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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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