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Market stats

Market cap


Volume (24h)


Circulating supply

120.2M ETH

Typical hold time

51 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


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Ethereum is on the decline this week.

The price of Ethereum has fallen by 4.79% in the past 7 days. The price declined by 0.55% in the last 24 hours. In just the past hour, the price shrunk by 0.05%. The current price is $1,584.22 per ETH. Ethereum is 67.61% below the all time high of $4,891.70.

The current circulating supply is 120,232,366.36 ETH.


Average ratings from the community

4.4 out of 5

17603 ratings











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.

What is Ethereum?

Ethereum is the second-biggest cryptocurrency by market cap after Bitcoin. It is also a decentralized computing platform that can run a wide variety of applications — including a universe of decentralized finance (or DeFi) apps and services.

Everything from financial tools and games to complex databases are already running on the Ethereum blockchain. And its future potential is only limited by developers’ imaginations. As the nonprofit Ethereum Foundation puts it: “Ethereum is for more than payments. It's a marketplace of financial services, games and apps that can't steal your data or censor you.”

How does Ethereum work?

Ethereum-based apps are built using its key innovation: “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.

What is the difference between Bitcoin and Ethereum?

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. However, Ethereum differs from Bitcoin in its ability to build and execute smart contracts. Smart contracts enable a vast ecosystem of applications on Ethereum, such as stablecoins (which are pegged to the dollar by smart contract), decentralized finance apps (collectively known as DeFi), and other decentralized apps (or dapps).

Until recently, Ethereum and Bitcoin were both secured by “miners” running specialized hardware to solve difficult math problems. In September 2022, Ethereum mining was phased out and Ethereum transitioned to Proof-of-Stake. Ethereum is now secured by a global network of validators running Ethereum’s software while staking a certain amount of ETH tokens. Validators earn rewards generated in Ether (ETH) for participating in the process, and can have their stake slashed if they violate the rules of the protocol. Anyone with an ETH stake and computer meeting the requirements can become a validator.

Who created Ethereum?

In 2013, a 19-year-old computer programmer (and Bitcoin Magazine cofounder) named Vitalik Buterin released a whitepaper proposing a highly flexible blockchain that could support virtually any kind of transaction. In 2014, Vitalik, along with a team of cofounders including Gavin Wood, crowdfunded the development of the Ethereum protocol with the sale of $18 million in pre-launch tokens. In 2015, the first public version of the Ethereum blockchain launched in July and smart contract functionality began to roll out on the Ethereum blockchain.

How can I stake Ethereum?

Coinbase makes it easy and secure to stake your ETH. Through Coinbase’s built-in staking feature, anyone can stake their ETH (as much or as little as you’d like) in just a few taps. In your Coinbase app, navigate to the ETH asset page. You’ll see a prompt to stake your ETH. Staked ETH (and rewards) can't be unstaked until the Ethereum network upgrade is complete, which most experts estimate will happen sometime in 2023. If you want to sell or send your ETH staked on Coinbase, you can do so by converting it to cbETH, Coinbase’s Wrapped Staked ETH token. The price of cbETH is determined by the market and may lose value. cbETH is available in select regions. Learn more about cbETH.

Why does the price of Ethereum fluctuate?

Like Bitcoin, Ethereum’s price is based on a global marketplace of supply and demand. Its price can be volatile in the short-term as demand overwhelms supply and vice versa.

How can I buy Ethereum?

By creating an account on Coinbase or an increasing number of other reputable financial technology companies, you can buy, send, and receive Ethereum. 

Released: July 2015

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Reading List


CoinDesk • Sep 25, 23

How to Stake: 7 Strategies When Starting Out

It’s easy to get carried away with staking on PoS networks like Ethereum. But in the long-term, it pays to be cautious. Pick underlying projects with good prospects, don’t over-leverage, and, above all, embrace boredom over quick thrills, says Jeff Wilser.

Read more

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CoinDesk • Sep 25, 23

The State of Staking: 5 Takeaways a Year After Ethereum's Merge

Ethereum’s switch to proof-of-stake fixed some problems, like environmental damage linked to PoW mining. But it raised new issues, including worries about centralization, MEV and censorship, say Margaux Nijkerk and Sam Kessler.

Read more

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BeInCrypto • Sep 24, 23

Chainlink (LINK) Price Surges Outperforming Bitcoin, Ethereum, and More

Chainlink's LINK token outperformed the top 20 cryptocurrencies, gaining 14% due to increased network activity. Chainlink's LINK token outperformed the top 20 cryptocurrencies, gaining 14% due to increased network activity.

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Unchained • Sep 21, 23

a16z Backs $33M Raise for Blockchain Game Studio Proof of Play

Proof of Play, a decentralized game studio and blockchain technology company, has raised $33 million in a seed round co-led by Andreessen Horowitz (a16z) general partner Chis Dixon and Greenoaks founder and managing partner Neil Mehta, according to a press release provided to Unchained. The funds will help Proof to ... The post a16z Backs $33M Raise for Blockchain Game Studio Proof of Play appeared first on Unchained Crypto.

Read more

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The Block • Sep 21, 23

Stader Labs tests ‘Liquid Restaked Token’ to amplify ether staking rewards

Multi-chain liquid staking platform Stader Labs has launched its "Liquid Restaked Token," known as rsETH, on testnet.

Read more

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The Block • Sep 21, 23

Polygon Labs proposes facilitating Celo’s migration to Ethereum Layer 2 with CDK

Polygon Labs offered the Celo community a proposal to integrate its Chain Development Kit for the transition to Ethereum Layer 2.

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Coinbase Bytes

Shapella upgrade

Stake It or Leave It: What does Ethereum’s Shapella upgrade mean for ETH holders?


Ethereum’s next upgrade will enable staked ETH withdrawals. The Shapella upgrade is scheduled to go live on April 12.
    While The ETH Merge was a major milestone for Ethereum’s underlying economics and scalability, one key loose-end remained — the ability to “unstake” (withdraw) staked ether. Now, the Shapella upgrade, scheduled for April 12, aims to finally enable holders of staked ETH to withdraw their assets. 
    Shapella refers to the simultaneous Shanghai and Capella upgrades, slated to go live next week on April 12. Shanghai will update Ethereum’s “execution layer” — the part of the blockchain that includes smart contracts and protocol rules. Capella will update the “consensus layer” — the part of the network that ensures validators are following those rules.
    The Shapella upgrade is the first major milestone for Ethereum after last year’s Merge, but it’s the first of many. Ethereum still has an impressively detailed, years-long roadmap, which includes an eclectic mix of rhyming phases, and sci-fi sounding scalability upgrades.

Noteworthy numbers: The percentage of Ethereum stakers that are currently in profit.


16% of Ethereum stakers that are currently in profit ahead of ETH’s Shanghai upgrade, slated for April.
    Shanghai will finally enable stakers to withdraw staked ETH, leading some to speculate about market impact when holders are finally able to sell. But with a small amount of stakers able to realize gains, the upgrade could see stakers stay in the market until more favorable conditions arise.

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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 $190.48B. 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 $4,891.70. 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 $3.56B.

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 51 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.