Ethereum (ETH) is a decentralized, open-source blockchain platform that enables developers to build and deploy decentralized applications (dApps) and smart contracts. Launched in 2015 by Vitalik Buterin and others, Ethereum introduced the concept of programmable blockchain, allowing for more complex functionalities beyond simple transactions.
ETH, the native cryptocurrency of the Ethereum network, serves multiple purposes: it is used to pay for transaction fees (known as "gas"), participate in network consensus through staking, and interact with dApps and decentralized finance (DeFi) protocols . In September 2022, Ethereum transitioned from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism in an upgrade known as "The Merge," significantly reducing the network's energy consumption .
As of May 9, 2025, Ethereum's price is $2,296.34, reflecting its ongoing role in powering the decentralized web and supporting various blockchain-based applications.
Stock market information for Ethereum (ETH)
Ethereum is a crypto in the CRYPTO market.
The price is 2296.34 USD currently with a change of 250.15 USD (0.12%) from the previous close.
The intraday high is 2456.64 USD and the intraday low is 2039.58 USD.