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Market stats

Market cap


Volume (24h)


Circulating supply

120.1M ETH

Typical hold time

49 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


About Ethereum

Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.

Ethereum (ETH) is a decentralized, open-source blockchain that aims to become a global platform for decentralized applications and strives to enable users worldwide to write and run software resistant to censorship, downtime, and fraud. As the nonprofit Ethereum Foundation puts it, it "Is for more than payments. It's a marketplace of financial services, games, and apps that can't steal your data or censor you." Ethereum is the second-biggest cryptocurrency by market cap after Bitcoin as of 2023 and a decentralized computing platform that can run a wide variety of applications — including a universe of decentralized finance (or DeFi) apps and services. This platform is powered by its native cryptocurrency, Ether, which is used within the Ethereum network for various operations, making it an integral part of the system.

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Market update: Ethereum is gaining momentum ahead of a looming ETF decision.

Market update: Ethereum is gaining momentum ahead of a looming ETF decision.


For the first time in two years, bitcoin broke the $50,000 mark on Monday as it recovered from last month’s dip. ETH also rallied in recent weeks, with the token up more than 20% since January lows and breaking past the $2,700 price level on Wednesday for the first time since May 2022.
    Rumors of an ETH ETF could boost Ethereum in the first half of 2024. Franklin Templeton, the finance giant with more than $1 trillion in assets under management, just filed an application for a spot ETH ETF with the SEC, which is already reviewing applications from firms like BlackRock, Ark Invest, and Invesco. The agency is obligated to make a final decision on the first wave of applications by May 23. 
    Ethereum is seeing rising onchain activity. Ethereum is seeing its seven-day moving average of daily transaction volume up 15% since the start of this month, to $3.58 billion. Trade volume of NFTs on the Ethereum blockchain has also hit the highest point in almost a year.
ETH update: ETH rallies above $3,000 as hopes for ETF grow

ETH update: ETH rallies above $3,000 as hopes for ETF grow


ETH hit $3,000 for the first time since 2022, and the optimism over spot ETFs and blockchain upgrades could be what's driving the rally. Let’s dig in.
    Spot ETH ETF hopes are rising. Finance heavyweights including BlackRock, Franklin Templeton, Ark Invest, and Invesco are seeking SEC approval for spot ETH ETFs. The SEC is obligated to make a decision on some of those applications by May 23.
    ETH ETFs may be especially appealing to Wall Street. Some analysts believe that ETH has potential to become a favorite among institutional investors, reports CoinDesk. ETH’s staking mechanism, for example, could pave the way for new types of ETFs where yield is paid out to shareholders.
    ETH’s user activity is heating up. As ETH’s price surges, so are transactions on its blockchain — a sign that users are actively engaging with applications across the Ethereum ecosystem.
    A major Ethereum upgrade could slash fees. Traders are also awaiting ETH’s forthcoming Dencun upgrade, which is currently planned for mid-March. Analysts estimate the upgrade could help make transactions cheaper by around 50 to 90 percent.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Ethereum is on the rise this week.

The price of Ethereum has increased by 0.08% in the last hour and increased by 1.08% in the past 24 hours. Ethereum’s price has also risen by 12.62% in the past week. The current price is $3,472.14 per ETH with a 24-hour trading volume of $13.20B. Currently, Ethereum is valued at 26.45% below its all time high of $4,721.07. This all-time high was the highest price paid for Ethereum since its launch.

The current circulating supply of Ethereum is 120,136,205.43 ETH which means that Ethereum has as total market cap of 120,136,205.43.


What is the current price of Ethereum?

We update our Ethereum to USD currency in real-time. Get the live price of Ethereum on Coinbase.

What is the market cap of Ethereum?

The current market cap of Ethereum is $416.65B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ethereum?

The all-time high of Ethereum is $4,721.07. This all-time high is highest price paid for Ethereum since it was launched.

What is the 24 hour trading volume of Ethereum?

Over the last 24 hours, the trading volume of Ethereum is $13.20B.

What other assets are similar to Ethereum?

Assets that have a similar market cap to Ethereum include Bitcoin, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

How many Ethereum are there?

The current circulating supply of Ethereum is 120 million.

What is the typical holding time of Ethereum?

The median time that Coinbase customers hold Ethereum before selling it or sending it to another account or address is 49 days.

What is the relative popularity of Ethereum?

Ethereum ranks 2 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Ethereum?

Currently, 84% of Coinbase users are buying Ethereum. In other words, 84% of Coinbase customers have increased their net position in Ethereum over the past 24 hours through trading.

Can I buy Ethereum on Coinbase?

Yes, Ethereum is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Ethereum guide.

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