Current Ethereum Price Overview
$2,556.66 (-1.45% in 24h)
Market Cap: $308.63B
24h Range: $2,529.80** - **$2,634.97
What Is Ethereum (ETH)?
Ethereum (ETH) is the native cryptocurrency of the Ethereum blockchain, powering smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum introduced programmable blockchain technology, enabling:
- Self-executing smart contracts
- Interoperability with Layer 2 scaling solutions
- Cross-chain bridge connectivity
👉 Discover how Ethereum fuels Web3 innovation
Key Features of Ethereum
- Smart Contracts: Automate agreements without intermediaries.
- ERC-20 Standard: Enables custom token creation for governance and fee payments.
- EIP-1559: Implements a deflationary mechanism by burning transaction fees.
- Proof-of-Stake (PoS): Energy-efficient consensus model post-2022 Merge.
Ethereum vs. Bitcoin: Core Differences
| Factor | Bitcoin (BTC) | Ethereum (ETH) |
|---|---|---|
| Purpose | Digital gold/store of value | Smart contract platform |
| Supply | Fixed (21M cap) | Dynamic (with deflationary burn) |
| Consensus | Proof-of-Work (PoW) | Proof-of-Stake (PoS) |
| Energy Use | High | Low (post-Merge) |
How to Buy Ethereum Safely
Follow these steps to purchase ETH:
- Choose a Platform: Use exchanges like Cryptomus or P2P services.
- Payment Methods: Credit/debit cards, bank transfers, or crypto swaps.
- Secure Storage: Transfer to a hardware wallet or trusted custodial solution.
👉 Start trading ETH with low fees today
Ethereum FAQs
Q: What is Ethereum's all-time high price?
A: $4,891.70 (November 2021).
Q: How does Ethereum staking work?
A: Users lock ETH to validate transactions and earn rewards (~4-7% APY).
Q: What is Gas in Ethereum?
A: A unit measuring computational costs for transactions and smart contracts.
Q: Can I mine Ethereum in 2024?
A: No—Ethereum transitioned to PoS in 2022; validation now requires staking.
Top Trending Cryptocurrencies (24h)
| Symbol | Price Change |
|---|---|
| BTC | +2.1% |
| SOL | -3.4% |
| XRP | +1.7% |
Enhance Your Crypto Experience
- TRX Staking: Earn up to 20% APY on TRON.
- Cryptomus Exchange: Trade with advanced tools and minimal fees.
- AML Checks: Verify transaction safety with Cryptomus' compliance tools.
For real-time ETH/USD updates and trading, visit our recommended platforms.
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