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Ethereum Price
Ethereum price

Ethereum Price(ETH)

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ETH
1 ETH =
USD $3,416.44
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Last updated 2024/07/18 05:02 (UTC)
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Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
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$ 3,416.44
-2.32%
1D
Page last updated: 2024-07-18 05:02 (UTC+0)
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Price of ETH today

The live price of Ethereum is $ 3,416.44 per (ETH / USD) with a current market cap of $ 410.73B USD. 24-hour trading volume is $ 16.17B USD. ETH to USD price is updated in real-time. Ethereum is -2.32% in the last 24 hours with a circulating supply of 120.22M.
ETH Price History USD
Date ComparisonAmount Change% Change
Today$ -81.02-2.32%
30 Days$ -30.84-0.89%
60 Days$ 292.64+9.37%
90 Days$ 402.86+13.37%

ETH Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 3,379.10
High: $ 3,515.54
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 4,891.70
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.37%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-2.32%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+10.79%
The percent change in trading volume for this asset compared to 7 days ago.

ETH Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#2
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 410.73B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 16.17B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
120.22M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 410.73B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Ethereum (ETH)

Ethereum (ETH) is the second-largest cryptocurrency token in terms of market capitalization. This is due to the fact that it has brought a lot of innovation and use-cases within the industry by introducing smart contract functionality, which has paved the way for the decentralized finance industry (DeFi) and decentralized apps, or Dapps.

Ethereum allows users to build and deploy software, commonly in the form of Dapps, which are then powered by a global distributed network of computers all running Ethereum. The Ethereum network is decentralized, making it highly resistant to any form of censorship or downtime.

In addition, Ethereum is an open-source blockchain platform that runs on the usage of its native currency, called Ether or ETH. All network transaction fees, or gas fees, are paid in ETH. 

Ethereum or ETH is a token that is specifically used by the Ethereum blockchain to pay for transactions. This token is responsible for powering just about everything that occurs within the network. 

The Ethereum network can be used by anybody to create and run smart contracts, which are software programs that run autonomously, without user intervention. Ethereum’s growth can be attributed in part to its smart contract capability, which has enabled a growing ecosystem of DApps, non-fungible tokens (NFTs) and more.

Ethereum Shanghai Upgrade 

The Shanghai upgrade brought in a range of technical enhancements to the Ethereum platform. One of the key features introduced is the ability for users to access and unstake their Ethereum tokens that were previously locked in a smart contract as validators on the Beacon Chain.  

Prior to the Shanghai update, once users became validators on the Proof-of-Stake-based Ethereum blockchain, their tokens were locked in a smart contract, limiting their ability to freely access or transfer them. 

Which Proof of Consensus Does Ethereum Use? 

The Ethereum blockchain previously operated on the Proof-of-Work consensus mechanism, requiring significant computational efforts from all decentralized nodes within the blockchain.  

In September 2022, Ethereum successfully transitioned to the Proof-of-Stake model, a significant upgrade known as "The Merge”. This transition fundamentally altered Ethereum's operation, eliminating the necessity for mining new blocks since the network is now safeguarded using staked ETH and validators. The Ethereum Foundation asserts that the shift from PoW to PoS cuts Ethereum's energy usage by a striking 99.95%. 

Ethereum 2.0 Network Roadmap

The road to a complete Ethereum 2.0 consists of a number of milestones and phases, each introducing innovative features and functionalities to the network. 

The roadmap consists of three main phases, namely:

  1. Phase 0: Beacon Chain (live)

  2. Phase 1: The Merge (live)

  3. Phase 2: Sharding (2023-2024) 

The third major upgrade phase is Sharding, which introduces horizontal database scaling. This enhancement aims to lower data storage costs by decreasing hardware necessities, thus enabling anyone to become a validator.

What’s Next For Ethereum?  

In a recent post, Ethereum co-founder, Vitalik Buterin, identified three pivotal technical "transitions" vital to Ethereum's success — layer-2 scaling, wallet security, and privacy-enhancing features. He stressed that without effective scaling infrastructure to make transactions affordable, Ethereum essentially "fails". He also highlighted the complications brought about by the shift to smart contract wallets, particularly from the user experience perspective when handling multiple addresses. Lastly, Buterin underscored the necessity of improved privacy through enhanced identity, reputation, and social recovery systems. Achieving all three transitions simultaneously will prove "challenging", Buterin admits, due to the intensive coordination required among these aspects.

People Also Ask: Other Questions About Ethereum

  1. How Many Ethereum Tokens Are There?

    Ethereum has a current circulating supply of 117,765,776 tokens.

    Ethereum’s platform features an unlimited maximum supply.

  2. When Was Ethereum Created?

    Ethereum was originally introduced in 2013 by a whitepaper written by Vitalik Buterin.

    With the help of his co-founders Gavin Woods and Anthony Di Iorio, Vitalik secured funding for the project in an online crowdfunding sale, accessible to the public, that occurred in 2014. The project acquired enough funding to launch the blockchain on 30 July, 2015. 

  3. How to Mine Ethereum?

    There are three ways to mine Ethereum. The first is through pool mining, the second is solo mining and the third is cloud mining.

    Prior to the transition to the Proof-of-Stake (PoS) mechanism, users could mine ETH by creating an Ethereum wallet, installing Ethereum software on their computing device and choosing how they wanted to mine Ethereum.

  4. How High Will Ethereum Go? 

    No one can predict the price of Ethereum (ETH), but the token has climbed steeply in the past, thanks to the enduring popularity of DApps and NFTs. As always, do your own research and carefully evaluate cryptocurrencies before exposing yourself to any financial risk.  

  5. How to Buy Ethereum? 

    Ethereum can be purchased directly on Binance with a credit or debit card. You can also trade other cryptocurrencies for Ethereum on the Binance Exchange. Read our How to Buy Ethereum guide for more instructions.

ETH to Local Currency

FiatPriceOperation
1 ETH to USD$ 3,416.44
1 ETH to TRY$ 3,416.44
1 ETH to RUB$ 3,416.44
1 ETH to EUR$ 3,416.44
1 ETH to AED$ 3,416.44
1 ETH to BRL$ 3,416.44
1 ETH to VND$ 3,416.44
1 ETH to IDR$ 3,416.44
Last updated 2024/07/18 05:02 (UTC)

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