Ethereum Price Overview
$2,550.03 (-1.71% in 24h)
Key Metrics
- Market Cap: $307.83B
- 24h Range: $2,529.25 - $2,634.40
- All-Time High: $4,891.70
- All-Time Low: $0.4209
What Is Ethereum (ETH)?
Ethereum is the native cryptocurrency of the Ethereum network, 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
✅ ERC-20 token creation
✅ Cross-chain interoperability
✅ Layer 2 scaling solutions
Unique Features
- Smart Contract Platform: Enables dApp development beyond simple transactions
- ERC-20 Standard: Facilitates custom token creation for governance and fee payments
- Deflationary Mechanism: EIP-1559 burns a portion of transaction fees, reducing ETH supply
- Proof-of-Stake Consensus: Energy-efficient validation vs Bitcoin's PoW
Ethereum vs Bitcoin: Key Differences
Feature | Ethereum (ETH) | Bitcoin (BTC) |
---|---|---|
Purpose | Smart contract platform | Digital gold/store of value |
Consensus | Proof-of-Stake (PoS) | Proof-of-Work (PoW) |
Supply | No hard cap (controlled burn) | Capped at 21M |
Function | dApp development | Peer-to-peer payments |
👉 Buy Ethereum securely with Cryptomus
How to Buy Ethereum
Step-by-Step Guide
- Choose a Platform: Select a reputable exchange like Cryptomus
- Account Setup: Complete KYC verification and enable 2FA
- Payment Methods: Use debit/credit cards or P2P services
- Network Selection: Choose ERC-20 network for ETH transfers
- Storage: Transfer to a secure wallet after purchase
Staking ETH (Post-Merge)
Since Ethereum's 2022 Merge, users can:
- Stake ETH to validate transactions
- Earn rewards through network participation
- Participate with as little as 32 ETH
Ethereum Gas Fees Explained
Gas measures computational effort required for:
- Smart contract execution
- Token transfers
- dApp interactions
Fees fluctuate based on network demand.
FAQ Section
Q: What's Ethereum's main use case?
A: Beyond cryptocurrency, Ethereum serves as a decentralized computing platform for building dApps and executing smart contracts.
Q: How does ETH differ from BTC technically?
A: Ethereum uses PoS consensus and supports Turing-complete programming, while Bitcoin uses PoW with limited scripting capabilities.
Q: Where can I stake my ETH?
A: Through official Ethereum staking or trusted platforms offering liquid staking derivatives.
👉 Learn about Ethereum's roadmap
Top Cryptocurrencies (24h Performance)
Coin | Price Change |
---|---|
Bitcoin | -0.8% |
Solana | +3.2% |
Cardano | -1.5% |
Polkadot | +0.7% |
Why Choose Cryptomus?
- Secure ETH wallet with 2FA and AML checks
- Intuitive trading interface
- Educational resources for beginners
- Active Telegram community for support
Note: All prices accurate as of latest market data. Always conduct your own research before investing.