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See the live Ethereum price in USD. Buy Ethereum or add it to your Crypto Strategy.

Ethereum

ETH

ETH to USD Price

$3,714.71

Ethereum Market Cap

$446.25B

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ETH USD price chart / performance

ETH USD price chart / performance

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From
May 18, 2024
To
May 25, 2024

Returns

Returns

Return (24h)
-2.30%
Return (7D)
+20.00%
Return (1M)
+17.44%
Return (1Y)
+108.29%

My Investment

My Investment

Profit Taken
$0.00
0.00%
You Have:
$0.00
Unrealised P/L
$0.00
0.00%

Ethereum (ETH) History and Overview

Ethereum (ETH) History and Overview

Ethereum is a decentralized software platform that uses blockchain technology, commonly referred to as its native cryptocurrency, Ether or Ethereum crypto. Anyone can access and utilize secure digital technology using Ethereum. The live Ethereum to USD conversion is $ 3,713.74.

With the ETH crypto token, users can pay for work that helps support the Ethereum blockchain. They can also use it to buy services, physical items, or trade it for regular money. Developers like to use ETH to make new and secure technology that makes our everyday lives better.

Bitcoin has a limit of 21 million coins, but Ethereum initially didn't have a maximum supply. Vitalik Buterin decided on this to make a network with endless coins, providing more room for growth and flexibility. Currenlty, the amount of eth in circulating supply is 120.26M coins.

Ethereum first shared its coins during a big sale in 2015, creating about 72 million coins right at the start. People spent these coins in various ways, such as funding Ethereum's development and rewarding the miners who verify transactions.

Ethereum is interesting because developers can make apps which can imrpove various industries. It also uses smart contracts, which are essential for creating decentralized apps (dApps) that people use in IT and finance.

Key points to remember:

  • Ethereum is more than just a digital asset; it's a platform for decentralized applications.
  • In September 2022, Ethereum made a big change to work faster and be better for the environment. It switched from using a proof-of-work method to a proof-of-stake method.
  • As the go-to platform for innovations like DeFi, NFTs, and DAOs, Ethereum is shaping various industries and daily activities.

How Does Ethereum Work?

Vitalik Buterin created Ethereum with the help of Joe Lubin. They first shared their detailed plans in 2014, and Ethereum was up and running in 2015. It differs from Bitcoin because it is built to be flexible and handle growth. As such it is the ideal platform for all kinds of decentralized apps (dApps).

Proof-of-Stake Mechanism

This system uses complex algorithms to agree on network transactions and keep everything secure. To be a validator and help create and check blocks, users need to stake ETH. If they do something wrong, there are penalties to keep everyone honest and the network safe.

Wallets and Transactions

Digital wallets represent ether ownership. Users have private keys (not the currency itself) which they need to make transactions on the Ethereum network.

Decentralized Autonomous Organizations (DAOs)

Thanks to Ethereum’s smart contracts, we have DAOs. These offer a clear and democratic way to make decisions in decentralized networks.

The current price of 1 ETH in USD is $ 3,713.74.

How To Buy Ethereum or Add it to your Strategy

The fastest, most convenient way to purchase Ethereum is to purchase it on ICONOMI. We check Ethereum live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Ethereum by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Ethereum is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Ethereum, we recommend you read the next section, as copying might be a better approach.

Add Ethereum to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Ethereum in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Ethereum ETH. See all Ethereum price predictions in real time and make the best use of their crypto knowledge.

The Convergence of Ethereum and Bitcoin: A New Era in Crypto


The crypto world is abuzz with the news that MetaMask, the leading $ETH wallet, is poised to integrate native $BTC support. This development signifies a major step in bridging one of the most significant divides in the cryptocurrency ecosystem.

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MetaMask, developed by Consensys and led by Ethereum co-founder Joe Lubin, is widely recognized for its role in enabling users to interact with decentralised applications (dApps) and manage non-fungible tokens (NFTs) on the Ethereum blockchain. Currently, it boasts over 30 million monthly active users, making it the most-used wallet in the $ETH ecosystem. The potential addition of Bitcoin to MetaMask's functionality could arrive as early as next month, although initial features might be limited and expanded over time.

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The integration of $BTC into MetaMask is not just a technical upgrade but a symbolic move towards a multi-chain world. Traditionally, Bitcoin and $ETH have catered to different segments of the crypto market, with Bitcoin being the pioneer of digital currency and Ethereum expanding blockchain capabilities with smart contracts. By incorporating Bitcoin, MetaMask could enable users to seamlessly navigate between Bitcoin and Ethereum ecosystems, enhancing usability and potentially fostering greater adoption of decentralised finance (DeFi) and NFTs.

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On another front, $ETH is experiencing a surge in value, driven by anticipation of the SEC's approval of spot Ether ETFs. This approval could open the floodgates for institutional investment, similar to the impact of $BTC ETFs. The price of Ether has already seen significant gains, and analysts predict further growth if the ETFs are approved.

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In summary, MetaMask's potential integration of $BTC and the bullish sentiment around $ETH ETFs underscore a pivotal moment in the crypto industry. These developments not only highlight the evolving functionality and interoperability of blockchain technologies but also suggest a future where the boundaries between different blockchain ecosystems become increasingly blurred, driving broader adoption and innovation.


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Ethereum Price FAQ

What Is the Highest Price of Ethereum (ETH) in USD?

Ethereum (ETH) price history shows the highest value of 4,801.77 USD . We recorded this price on November 9, 2021, but we cannot exclude that a higher price was registered before February 17, 2017.

What Is the Lowest Price of Ethereum (ETH) in USD?
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What Is the Current Price of Ethereum (ETH) in USD?
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