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Ethereum price

(ETH / USD)

$3,109.65
-2.19%

Market stats

$369.5B

15% of crypto market

$13.3B

+8.39%

119.2M ETH

72 days

72% buy
28% sell

#2

$4,891.70

-1.44%

-2.19%

-3.98%

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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.

Resources

Whitepaper

Official website

How it works

Ethereum-based apps are built using “smart contracts.” Smart contracts, like regular paper contracts, establish the terms of an arrangement between parties. But unlike an old-fashioned contract, smart contracts automatically execute when the terms are met without the need for either participating party to know who is on the other side of the deal — and without the need for any kind of intermediary.

Keep in mind

Ethereum, like Bitcoin, is an open source project that is not owned or operated by a single individual. Anyone with an internet connection can run an Ethereum node or interact with the network. Popular Ethereum-based innovations include stablecoins (which are pegged to the dollar by smart contract), decentralized finance apps (collectively known as DeFi), and other decentralized apps (or dapps).

Released: July 2015

Ethereum is on the decline this week.

The price of Ethereum has fallen by 3.98% in the past 7 days. The price declined by 2.19% in the last 24 hours. In just the past hour, the price shrunk by 1.44%. The current price is $3,109.65 per ETH. Ethereum is 36.43% below the all time high of $4,891.70.The current circulating supply is 119,218,237.937 ETH.

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