ether.fi (ETHFI) Live Price Overview
The live price of ether.fi (ETHFI) is currently $0.928, reflecting a 24-hour change of -1.42%. Market data is updated in real-time, providing traders and investors with the latest information to make informed decisions.
Key Market Metrics
Understanding the key metrics is essential for evaluating any cryptocurrency. Here are the vital statistics for ETHFI:
- 24-Hour Trading Volume: $78K
- Market Capitalization: Data not available at the time of writing
- Circulating Supply: Data not available
Recent Price Performance
Tracking price movements over different time frames offers valuable insights into market trends and potential volatility.
- Last 24 Hours: -1.30%
- Last 7 Days: +4.60%
- Last 30 Days: -3.69%
- Last 60 Days: +42.96%
ether.fi Price History in USD
Analyzing historical price data helps identify patterns and understand the asset's past behavior in the market.
Date Range | Price Change | Percentage Change |
---|---|---|
Today | $-36.3321 | -1.30% |
Last 30 Days | $-105.108 | -3.69% |
Last 60 Days | $824.3048 | +42.96% |
Detailed Market Information
For a deeper dive into the market dynamics of ETHFI, consider the following data points:
- 24-Hour Low: $2,734.690
- 24-Hour High: $2,819.838
- All-Time High (ATH): $4,310.74
- Price Change (1h): +0.40%
- Fully Diluted Valuation: $3K
Understanding ether.fi (ETHFI)
ether.fi is a decentralized protocol operating within the Ethereum ecosystem. It is part of the growing sector of decentralized finance (DeFi) and liquid staking solutions. The protocol allows users to participate in network validation while maintaining liquidity of their assets, which is a significant innovation over traditional staking mechanisms. The ETHFI token is integral to the protocol's governance and utility functions, enabling holders to participate in key decisions.
How to Analyze Crypto Price Data
When examining price data for any digital asset, it's crucial to look beyond the current number. Consider the trading volume, which indicates the level of market activity and liquidity. Market capitalization, when available, provides a snapshot of the asset's relative size in the broader crypto market. Comparing current prices against historical highs and lows can also offer context for the asset's potential value and risk. For those looking to dive deeper into on-chain metrics and advanced charting, a dedicated platform is essential. 👉 Explore advanced market analysis tools
Factors Influencing ETHFI's Price
The price of ETHFI, like most cryptocurrencies, is influenced by a combination of broader market sentiment and project-specific factors.
- Overall Crypto Market Trends: Often, the entire market moves in correlation with major assets like Bitcoin.
- Protocol Developments: Updates, partnerships, and technological improvements on the ether.fi platform can positively impact demand.
- Staking Yields: The attractiveness of the staking rewards offered by the protocol can drive token adoption and price.
- Regulatory News: Announcements concerning DeFi or staking regulations can create market volatility.
Frequently Asked Questions
What is ether.fi (ETHFI)?
ether.fi is a decentralized liquid staking protocol built on Ethereum. It allows users to stake their ETH and receive a liquid staking token in return, enabling them to earn staking rewards while still using the liquid token in other DeFi applications for additional yield.
How can I buy ETHFI tokens?
ETHFI tokens are typically available for purchase on various cryptocurrency exchanges. You would need to create an account on a supported exchange, deposit funds (either fiat currency or another cryptocurrency), and then place an order for ETHFI on its respective trading pair.
What is the difference between market cap and fully diluted valuation?
Market capitalization is calculated by multiplying the current price by the circulating supply (tokens actively available on the market). Fully diluted valuation (FDV) multiplies the current price by the total maximum supply that will ever exist, providing a theoretical value if all tokens were in circulation.
Why is the 24-hour trading volume important?
Trading volume measures how much of a cryptocurrency has been traded in the last day. High volume often indicates strong investor interest and better liquidity, making it easier to buy or sell large amounts without significantly affecting the price.
Where can I find the most reliable price predictions?
Price predictions are speculative and should be treated with caution. They are often based on technical analysis (chart patterns) and fundamental analysis (project health, adoption). It's best to consult multiple sources and conduct your own research rather than relying on a single forecast. For comprehensive data and charts, consider using a major crypto data aggregator. 👉 View real-time pricing and analytics
What does 'circulating supply not available' mean?
This typically indicates that the data provider does not have a confirmed, real-time number for the amount of tokens currently in public circulation. This can happen with newer tokens or if the project's tokenomics involve complex release schedules that are not yet fully tracked.