Ethereum ETH Overview
Current Price: $2,550.35
24h Change: -1.96%
Key Metrics
- Market Cap: $307.87B
- 24h Range: $2,530.10 - $2,635.28
What Is Ethereum (ETH)?
Ethereum (ETH) is the native cryptocurrency of the Ethereum network, powering smart contracts and decentralized applications (dApps). Founded in 2015 by Vitalik Buterin and a team of developers, Ethereum introduced programmable blockchain technology, enabling developers to build self-executing applications. Its interoperability with Layer 2 solutions and cross-chain bridges enhances liquidity and utility across the crypto ecosystem.
Why Ethereum Stands Out
- Smart Contracts: Automates transactions without intermediaries.
- ERC-20 Standard: Enables custom token creation for governance and fee payments.
- EIP-1559 Upgrade: Introduces a deflationary mechanism by burning transaction fees.
- Proof-of-Stake (PoS): Energy-efficient consensus vs. Bitcoin’s Proof-of-Work.
👉 Explore Ethereum’s DeFi potential
Ethereum vs. Bitcoin: Key Differences
| Feature | Ethereum (ETH) | Bitcoin (BTC) |
|---|---|---|
| Purpose | dApps, smart contracts | Digital gold, store of value |
| Supply | No hard cap (deflationary via EIP-1559) | Capped at 21 million |
| Consensus | PoS (eco-friendly) | PoW (energy-intensive) |
How to Buy Ethereum Safely
- Choose a Platform: Use reputable exchanges like Cryptomus.
- Payment Methods: Buy ETH via debit/credit card or P2P services.
- Secure Storage: Transfer to a non-custodial wallet (e.g., Cryptomus Wallet) with 2FA and KYC.
Ethereum FAQs
1. What is Ethereum’s all-time high (ATH)?
Ethereum peaked at $4,891.70 during the 2021 bull run.
2. Can I still mine Ethereum?
No. Ethereum transitioned to PoS in 2022—staking replaces mining for earning rewards.
3. What is Gas in Ethereum?
Gas measures computational costs for transactions, paid in ETH.
4. How does Ethereum’s deflation work?
EIP-1559 burns part of transaction fees, reducing ETH supply over time.
5. Is Ethereum better for DeFi than Bitcoin?
Yes. Ethereum’s smart contract functionality makes it the backbone of DeFi and NFTs.
6. What’s the best wallet for ETH?
Hardware wallets (e.g., Ledger) or secure apps like Cryptomus Wallet.
Trending Cryptocurrencies (24h %)
| Coin | Price | 24h Change |
|---|---|---|
| Bitcoin | $XX,XXX | +X.X% |
| Solana | $XXX.XX | -X.X% |
| Cardano | $X.XX | +X.X% |
Maximize Your Crypto Experience with Cryptomus
- Telegram Community: Join discussions and get updates.
- TRX Staking: Earn 20% APY on staked TRX.
- AML Checks: Secure transactions with Cryptomus’ AML tools.
Download Cryptomus App on Google Play.
Disclaimer: Crypto prices are volatile. Always conduct independent research.
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