Live Ethereum (ETH) Price Data
ETH Shows Weekly Decline Amid Market Fluctuations
Ethereum's current price stands at $2,429.38 USD** with a 24-hour trading volume of **$14.89 billion. Over the past day, ETH has experienced a -1.55% price decrease, though it gained +0.22% in the last hour.
Key metrics:
- Market Cap: $293.38 billion
- Circulating Supply: 120.72 million ETH
- Fully Diluted Market Cap: $293.38 billion
- CoinGecko Rank: #2
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ETH to USD Conversion Calculator
Latest Exchange Rate
1 ETH = $2,429.38 USD (via CoinGecko)
Last updated: Today at 19:18 UTC
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- Ethereum to US Dollar
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About Ethereum (ETH)
Ether (ETH) serves as the native cryptocurrency of the Ethereum blockchain, the world's second-largest crypto by market capitalization. This open-source platform enables:
✔️ Smart contract functionality
✔️ Decentralized application (DApp) deployment
✔️ Distributed payment networks
Founded in 2013 by Vitalik Buterin, Ethereum revolutionized blockchain technology by introducing programmable contracts—self-executing code stored on-chain.
Security Mechanism
Ethereum employs Proof-of-Stake (PoS) consensus, where validators secure the network by staking ETH as collateral. This energy-efficient model replaced the previous Proof-of-Work system.
ETH Market Overview
- Current Market Cap: $293.38 billion
- Circulating Supply: 120.72 million ETH
Understanding Ethereum Gas Fees
Gas represents the computational power required for Ethereum operations, priced in Gwei (1 Gwei = 0.000000001 ETH). Factors affecting gas fees include:
- Network congestion
- Transaction complexity
👉 Learn how to optimize gas fees
FAQ: Ethereum Essentials
Q: What makes Ethereum different from Bitcoin?
A: While Bitcoin functions as digital gold, Ethereum's smart contract capability enables decentralized applications across industries like DeFi and NFTs.
Q: How can I buy ETH?
A: ETH is available on most centralized (CEX) and decentralized exchanges (DEX), with platforms like TabTrader aggregating 30+ trading venues.
Q: Why do gas fees fluctuate?
A: Fees dynamically adjust based on real-time network demand—higher activity typically increases costs.
Q: What's Ethereum's max supply?
A: Unlike Bitcoin's fixed cap, Ethereum has no hard supply limit, though annual issuance is currently ~0.3% due to EIP-1559 fee burning.