Buy Crypto
Pay with
Markets
Trade
Derivatives
Earn
NFT
Institutional
Feed
Home
Crypto prices
Ethereum Price
Ethereum price

Ethereum Price(ETH)

Currency
Currency
Buy ETH
Trade ETH
Ethereum logo
ETH
1 ETH =
USD $1,867.08
Buy ETH
Last updated 2023/06/05 10:55 (UTC)
Binance has the lowest transaction fee rate amongst all major trading platforms.
Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
No records
$ 1,867.08
-2.04%
(1D)

ETH Price Live Data

The live price of Ethereum is $ 1,867.08 per (ETH / USD) today with a current market cap of $ 224.49B USD. 24-hour trading volume is $ 4.88B USD. ETH to USD price is updated in real-time. Ethereum is -2.04% in the last 24 hours. It has a circulating supply of 120.24M USD.
ETH Price Performance USD
ChangeAmount%
Today$ -38.15-2.04%
30 Days$ -62.16-3.33%
60 Days$ 5.6432016+0.3%
90 Days$ 359.64+19.26%

ETH Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 1,864.17
High: $ 1,912.21
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.
-0.19%
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.
-2.04%
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.
-1.76%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-1.76%
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.
$ 224.49B
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.
$ 4.88B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
120.24M
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
120.24M
Circulating supply shows the number of coins or tokens that have been issued so far.

About Ethereum (ETH)

Ethereum (ETH) is the second-largest cryptocurrency token in terms of market capitalization. This can be attributed to how it has brought much innovation and many use cases to the industry by introducing smart contract functionality, which has paved the way for decentralized finance (DeFi) and decentralized apps (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 running Ethereum. The 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. ETH specifically used by the Ethereum blockchain to pay for transactions, and is responsible for powering just about everything that occurs on 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. 

By default, Ethereum uses a proof-of-work (PoW) consensus mechanism, but the network is slowly migrating to a proof-of-stake (PoS) as part of its Ethereum upgrade.  The upgrade started in December 2020 with the launch of the Beacon Chain, and was supported by the Ethereum community through its staking of 1 million ETH in the first week alone. 

What is Ethereum's Shanghai Upgrade?

Ethereum completed its switch from a PoW to a PoS consensus mechanism in September 2022. In a PoS consensus mechanism, users can stake 32 ETH to validate transactions rather than solving computational puzzles using mining equipment, making the process more energy-efficient.

After the Merge, the Ethereum Mainnet combined with the PoS Beacon Chain, and users weren't allowed to pull their staked ETH tokens. The main focus of the Shanghai fork is implementing EIP-4895, a change that allows validators to withdraw their locked Ethereum. 

What is the Release Date of the Ethereum Shanghai Upgrade?

The Shanghai upgrade is the first hard fork for Ethereum since the Merge in September. The Merge switched the network from the energy-intensive PoW to the more energy-efficient PoS consensus mechanism. 

Ethereum developers' shared that the Sepolia test network was scheduled to go through the Shanghai update in February. It will be followed by the Goerli Testnet, which will be the final test launch before the Mainnet launch in early April 2023. In addition to conducting tests for Shanghai, developers are also getting ready for EIP-4844.

What is EIP-4844?

The upcoming upgrade of Ethereum, referred to as EIP-4844 or proto-danksharding, is intended to decrease fees and increase transaction throughput. This will be achieved by implementing a new transaction type that can handle "blobs" of data.

Despite previous upgrades like The Merge and rollups, which have successfully boosted the blockchain's transaction throughput and reduced transaction costs, Ethereum continues to grapple with high gas fees. While data sharing is seen as a viable long-term solution, it is a complicated process, and therefore, EIP-4844 is being proposed as an interim solution.

EIP-4844 is regarded as a significant upgrade that will improve the network's capabilities by cutting costs and enabling quicker transactions.

What Improvements Are Part of the Shanghai Hard Fork?

Although EIP-4895 (allowing validators to withdraw staked tokens) is the highlight of the Shanghai fork, Ethereum's next upgrade will feature several other smaller EIPs (Ethereum Improvement Proposals).

One of the key benefits of the Shanghai Upgrade is that it will increase the gas limit for Ethereum blocks, allowing for more transactions to be processed per block. This will result in shorter transaction times and reduced congestion on the network, making it easier for users to transact and interact with DApps.

Other EIPs have also been introduced in Ethereum's upgrade:

  • EIP-3651 aims to decrease the gas cost for accessing the "COINBASE" address, a software utilized by validators and block builders.

  • EIP-3855 introduces "Push0," a code that will decrease gas costs.

  • EIP-3860 imposes a limit on the gas cost developers have to pay when working with 'initcode' (a code used for smart contracts).

  • EIP-6049 will inform developers of the deprecation of "SELFDESTRUCT," another measure to lower gas fees.

People Also Ask: Other Questions About Ethereum

  1. How Many Ethereum Tokens Are There?

    Ethereum’s platform features an unlimited maximum supply.

  2. When Was Ethereum Created?

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

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

  3. How to Mine Ethereum?

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

    Prior to its transition to the PoS mechanism, users could mine ETH by creating Ethereum wallets, installing Ethereum software on their computing devices, and choosing how they wanted to mine ETH.

  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 (DYOR) and carefully evaluate cryptocurrencies before exposing yourself to any financial risk. 

  5. How to Buy Ethereum? 

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

  6. How Much Will Ethereum Be Worth in Future?

    Check out our Ethereum Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

  7. What is Etherium Price Now?

    Are you looking for Ethereum Price when you typed Etherium Price? Live Ethereum price is updated in real-time on Binance.

ETH to Local Currency

1 ETH to TRY$ 1,867.08Ethereum to TRY
1 ETH to RUB$ 1,867.08Ethereum to RUB
1 ETH to EUR in Italy$ 1,867.08Ethereum to EUR
1 ETH to EUR in France$ 1,867.08Ethereum to EUR
1 ETH to EUR in Spain$ 1,867.08Ethereum to EUR
1 ETH to AED$ 1,867.08Ethereum to AED
1 ETH to AUD$ 1,867.08Ethereum to AUD
1 ETH to BRL$ 1,867.08Ethereum to BRL
1 ETH to VND$ 1,867.08Ethereum to VND
1 ETH to INR$ 1,867.08Ethereum to INR
Last updated 2023/06/05 10:55 (UTC)

Video Section

Top News

Top Blog Posts

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.