Ethereum (ETH) Overview
Current Price: $2,570.64 (+6.05% in 24h)
Market Cap: $310.32 Billion
Key Features of Ethereum
- Native Cryptocurrency: ETH powers the Ethereum network, enabling smart contracts and decentralized applications (dApps).
- Founding: Launched in 2015 by Vitalik Buterin and team, introducing programmable blockchain technology.
- Interoperability: Supports Layer 2 scaling solutions and cross-chain bridges, enhancing liquidity and utility across crypto ecosystems.
Price Volatility
Ethereum remains a volatile asset. Today’s trading range:
- Low: $2,384.11
- High: $2,587.40
FAQs About Ethereum
1. What are Ethereum’s all-time highs and lows?
- All-Time High (ATH): $4,891.70
- All-Time Low (ATL): $0.4209
2. Why is Ethereum significant in crypto?
Ethereum is the backbone of DeFi and NFTs. Unlike Bitcoin, it’s a platform for:
- Smart Contracts: Self-executing code for secure transactions.
- ERC-20 Tokens: Custom tokens for governance and fees.
- EIP-1559: A deflationary mechanism that burns transaction fees, reducing ETH supply.
👉 Explore Ethereum’s latest upgrades
3. How does Ethereum differ from Bitcoin?
| Feature | Ethereum | Bitcoin |
|-------------------|----------------------------------|--------------------------|
| Purpose | dApps & Smart Contracts | Digital Gold |
| Consensus | Proof-of-Stake (PoS) | Proof-of-Work (PoW) |
| Supply | No hard cap | 21 Million cap |
| Energy Use | Eco-friendly (PoS) | High energy (PoW) |
4. How can I stake Ethereum?
Since Ethereum’s 2022 PoS transition, users stake ETH (instead of mining) to earn rewards by validating transactions.
5. Where can I buy Ethereum?
- Exchanges: Use platforms like Cryptomus to buy ETH with fiat or P2P.
Steps:
- Create an account and complete KYC.
- Enable 2FA for security.
- Purchase ETH via debit/credit card or P2P trades.
6. What is Gas in Ethereum?
Gas measures the computational cost of transactions, paid to validators for processing operations.
Trending Cryptocurrencies (24h % Change)
| Coin | Change |
|---------------|-----------|
| Bitcoin (BTC) | +3.2% |
| Solana (SOL) | +8.1% |
| Cardano (ADA) | +5.4% |
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