Ethereum
ETH Price
How is the price of Ethereum (ETH) calculated?
The price of Ethereum (ETH) is calculated in real-time by aggregating the latest data across 223 exchanges and 2590 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Ethereum Price Chart (ETH)
1h | 24h | 7d | 14d | 30d | 1y |
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0.5% | 1.8% | 0.5% | 7.3% | 2.8% | 51.9% |
ETH Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$288,588,710,871 |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$288,588,710,871 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$14,428,563,901 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
120,380,316
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
120,380,316 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
ETH Historical Price
24h Range | $2,356.67 – $2,467.11 |
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7d Range | $2,315.84 – $2,503.93 |
All-Time High |
$4,878.26
50.9%
Nov 10, 2021 (almost 3 years)
|
All-Time Low |
$0.4330
552985.9%
Oct 20, 2015 (almost 9 years)
|
How do you feel about ETH today?
What is Ethereum?
Ethereum is a Proof-of-Stake blockchain that powers decentralized applications (dApps) through smart contracts, without being controlled by a centralized entity. As the first blockchain to feature smart contracts, it has the largest ecosystem of decentralized applications, ranging from decentralized exchanges to crypto lending and borrowing platforms and more.
Ethereum is also home to numerous Layer 2 solutions that offer users a cheaper and faster way to process transactions on the blockchain. Some of these solutions include Arbitrum, which rolls up multiple transactions into a single transaction on Ethereum, and Polygon’s Proof-of-Stake chain, which is a sidechain that runs parallel to the Ethereum blockchain.
What Makes Ethereum Unique?
Ethereum allows for the creation of ERC-20 tokens, which can be used as native tokens for the applications that live on the Ethereum blockchain. These tokens can be used for governance on their respective applications, for utility purposes such as paying trading fees, or as stores of value, as in the case of stablecoins like USDT and USDC. However, gas fees for transactions are still paid in ETH, as transactions are still recorded on the Ethereum blockchain.
History of Ethereum
The Ethereum project was initially conceived when Vitalik Buterin published the whitepaper in 2013. The yellowpaper, which consists of more technical details on how Ethereum would work, was later published by Gavin Wood in 2014. A fundraising sale was conducted in September 2014 and the network went live in July 2015. On 15 September 2022, Ethereum transitioned from Proof-of-Work to Proof-of-Stake consensus with the Merge.
What’s Next for Ethereum?
Now that the Merge is over, the final stage of Ethereum 2.0 is sharding, where the database on the Ethereum blockchain is split into 64 shard chains. With sharding, each validator only needs to verify the respective shards they’re responsible for, instead of verifying the entire network. This will also lower the barrier to entry for anyone who wishes to run a node. Besides encouraging further decentralization, this will improve scalability and ideally reduce the gas fees on the Ethereum network.
What can Ether (ETH) be Used For?
Ether (ETH) is the native coin that powers the Ethereum network and is used to pay for transactions. ETH functions as a utility token and is used to pay for gas fees for transactions on the Ethereum blockchain, denominated in gwei. Stakers on the Ethereum network earn ETH as their reward for securing the network. ETH is also a cryptocurrency, similar to bitcoin, and can be traded on multiple centralized and decentralized exchanges, or even deposited as collateral to take out loans.
To learn more about Ethereum, please check out the following articles:
FAQs on Ethereum
Where can you buy Ethereum?
ETH tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Ethereum is Binance, where the most active trading pair ETH/USDT has a trading volume of $578,107,329.93 in the last 24 hours. Other popular options include Tapbit and Bybit.
What is the daily trading volume of Ethereum (ETH)?
The trading volume of Ethereum (ETH) is $13,079,776,399.43 in the last 24 hours, representing a -7.50% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Ethereum (ETH)?
The highest price paid for Ethereum (ETH) is BTC0.1475, which was recorded on Nov 10, 2021 (almost 3 years). Comparatively, the current price is -50.90% lower than the all-time high price.
What is the all-time low for Ethereum (ETH)?
The lowest price paid for Ethereum (ETH) is BTC0.001602, which was recorded on Oct 20, 2015 (almost 9 years). Comparatively, the current price is 552,985.90% higher than the all-time low price.
What is the market cap of Ethereum (ETH)?
Market capitalization of Ethereum (ETH) is BTC4,740,675.1111 and is ranked #2 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ETH tokens (120 Million tokens are tradable on the market today).
What is the fully diluted valuation of Ethereum (ETH)?
The fully diluted valuation (FDV) of Ethereum (ETH) is BTC4,740,675.1111. This is a statistical representation of the maximum market cap, assuming total number of 120 Million ETH tokens are in circulation today.
How does the price performance of Ethereum compare against its peers?
With a price increase of 0.30% in the last 7 days, Ethereum (ETH) is underperforming the global cryptocurrency market which is up 1.00%.
Ethereum Markets
# | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
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1 |
CEX
|
$2,392.94 | 0.01% | $2,539,123 | $2,663,677 | $1,270,531,804 | 9.02% |
Recently
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2 |
CEX
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$2,392.94 | 0.01% | $12,026,738 | $11,703,125 | $578,107,329 | 4.1% |
Recently
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3 |
CEX
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$2,396.55 | 0.01% | $19,708,502 | $56,518,019 | $458,981,686 | 3.26% |
Recently
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4 |
CEX
|
$2,397.49 | 0.01% | $1,219,598 | $1,523,499 | $415,578,950 | 2.95% |
Recently
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5 |
CEX
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$2,396.44 | 0.01% | $4,780,243 | $5,021,101 | $407,492,638 | 2.89% |
Recently
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6 |
CEX
|
$2,396.45 | 0.01% | $4,213,879 | $5,757,804 | $391,042,839 | 2.77% |
Recently
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7 |
CEX
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$2,396.88 | 0.01% | $8,346,972 | $7,244,148 | $365,150,332 | 2.59% |
Recently
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8 |
CEX
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$2,396.71 | 0.01% | $13,753,995 | $13,705,268 | $344,479,229 | 2.44% |
Recently
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9 |
CEX
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$2,396.86 | 0.01% | $1,705,165 | $1,741,076 | $246,221,896 | 1.75% |
Recently
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10 |
CEX
|
$2,396.85 | 0.01% | $712,689 | $1,011,170 | $258,616,884 | 1.83% |
Recently
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