Ethereum (ETH) stands as a foundational pillar of the cryptocurrency ecosystem. As the second-largest digital asset by market capitalization, it consistently attracts significant attention from traders, developers, and investors worldwide. This article provides a comprehensive overview of Ethereum's current market status, historical performance, and essential data, serving as a valuable resource for anyone interested in this leading smart contract platform.
Real-Time Ethereum Market Data
Staying informed with the latest market metrics is crucial for understanding Ethereum's immediate momentum and position within the broader digital asset landscape.
Live ETH Price and Recent Performance
- Current Price: $2,588.52 (USD)
- 1-Hour Change: -1.08%
- 24-Hour Change: +3.79%
- 7-Day Change: +5.83%
- 30-Day Change: -2.16%
These percentage changes reflect the asset's trading volume fluctuations over the specified timeframes, indicating short-term market sentiment and volatility.
Key Ethereum Market Metrics
- Popularity Rank: #2
Market Capitalization: $312.478 Billion
- Calculated by multiplying the current price by the circulating supply.
24-Hour Trading Volume: $28.097 Billion
- The total US dollar value of all transactions for this asset over the past 24 hours.
Circulating Supply: 120.717 Million ETH
- Represents the number of coins currently in circulation and available to the market.
- Max Supply: Not fixed (infinite issuance post-Merge, with a net reduction in supply under certain conditions).
Historical Price Context
Understanding an asset's past extremes offers valuable perspective on its potential future volatility and growth trajectory.
All-Time High (ATH): $4,891.70
- Date Achieved: November 16, 2021
All-Time Low (ATL): $0.42
- Date Occurred: October 21, 2015
The significant difference between the all-time high and low prices underscores Ethereum's history of high volatility and substantial long-term appreciation.
Understanding Ethereum's Value Proposition
Ethereum is more than just a digital currency; it's a decentralized global computing platform. Its native asset, Ether (ETH), is used to pay for transaction fees and computational services on the network. The value of ETH is deeply intertwined with the usage of the Ethereum blockchain, which hosts a vast array of decentralized applications (dApps), non-fungible tokens (NFTs), and decentralized finance (DeFi) protocols. As network activity increases, demand for ETH to pay for "gas" fees typically rises, which can influence its market price.
For those looking to dive deeper into market dynamics or explore different trading strategies, many find it useful to access advanced charting tools that provide deeper technical analysis.
Frequently Asked Questions
What is the current price of Ethereum (ETH)?
We provide the real-time USD price for Ethereum (ETH) at the top of this article. Cryptocurrency prices are highly volatile and can change within seconds based on market supply and demand.
What is Ethereum's current market capitalization?
Ethereum's current market cap is approximately $312.478 billion. Market capitalization represents the total market value of the circulating supply and is a key indicator of the asset's relative size in the crypto market.
What was the 24-hour trading volume for ETH?
The global trading volume for Ethereum over the past 24 hours was $28.097 billion. This high volume indicates a very active market with significant liquidity.
What is Ethereum's total circulating supply?
The current circulating supply of ETH is 120.717 million coins. Unlike Bitcoin, Ethereum does not have a fixed maximum supply, but its issuance rate is managed by network protocol rules.
What is the all-time high price for ETH?
According to historical data, Ethereum reached its all-time high price of $4,891.70 on November 16, 2021, during a broad bull market in the cryptocurrency sector.
What is the all-time low price for ETH?
Ethereum's price was at its lowest recorded point of $0.42 on October 21, 2015, shortly after its initial launch and distribution phase.
Where does Ethereum rank on CoinMarketCap?
Ethereum consistently holds the number 2 rank on CoinMarketCap's list of tradable crypto assets, based on its market capitalization, behind only Bitcoin.
What factors influence the price of ETH?
Ethereum's price is influenced by a complex mix of factors, including overall crypto market trends, network adoption rates, transaction fees (gas prices), developments and upgrades (like the Merge to Proof-of-Stake), regulatory news, and broader macroeconomic conditions. To stay ahead of these factors, you can explore comprehensive market analysis.