Current ETH Market Overview
Ethereum's price today is BNB 3.910670 with a 24-hour trading volume of BNB 36,248,492. Key metrics:
- 24-hour change: +4.92%
- Hourly change: -0.48%
- Circulating supply: $120.72M
- Fully diluted market cap: $313.13B
- CoinGecko ranking: #2
Conversion Rate Update
As of today, the exchange rate stands at:
1 ETH = BNB 3.910670
👉 Track real-time ETH/BNB rates
Understanding Ethereum (ETH)
Ether (ETH) serves as both:
- The native cryptocurrency of the Ethereum blockchain
- Fuel for executing smart contracts and DApps
Key Features
- Smart Contract Functionality: Self-executing agreements encoded on-chain
- Proof-of-Stake Consensus: Energy-efficient validation via ETH staking
- Decentralized Applications: Powers thousands of Web3 projects
Fun fact: Ethereum was proposed in 2013 by Vitalik Buterin when he was just 19 years old.
Ethereum Network Essentials
| Metric | Value |
|---|---|
| Market Cap | BNB 472,148,810.00 |
| Circulating Supply | $120,717,217.54 |
| Transaction Fee Formula | Gas limit × (Base fee + Tip) |
Gas fees are measured in Gwei (1 Gwei = 0.000000001 ETH), representing computational costs for network operations.
How to Acquire and Store ETH
- Purchase Options: Available on most centralized/decentralized exchanges
Storage Solutions:
- Hardware wallets (cold storage)
- Software wallets (hot wallets)
- 👉 Secure wallet options
Frequently Asked Questions
Q: How does Ethereum differ from Bitcoin?
A: While both are cryptocurrencies, Ethereum enables programmable smart contracts and DApp development, whereas Bitcoin primarily functions as digital money.
Q: What determines Ethereum gas fees?
A: Network demand, transaction complexity, and base protocol settings collectively influence gas prices.
Q: Is Ethereum inflationary?
A: Since transitioning to PoS, Ethereum's issuance rate has decreased significantly, with potential deflationary periods during high network activity.
Additional Crypto Conversions
For other cryptocurrency exchange calculations:
- Use reputable price calculators
- Compare rates across multiple platforms
- Always verify transaction details before execution