$ETH #ETH Here's the latest information on {Ethereum} (ETH) cryptocurrency ¹ ² ³:
- *Current Price*: The live price of Ethereum is around $4,178.18-$4,221.61 USD, with a 24-hour trading volume of
$40,798.41-$47,729,931,808 USD.
- *Market Capitalization*: Ethereum's market cap is approximately
$446,759,990,152-$505,731,035,686 USD, ranking it #2 among cryptocurrencies.
- *Circulating Supply*: The circulating supply of ETH is around 120,709,102-120,709,318 coins.
- *Maximum Supply*: Ethereum has no hard cap on its maximum supply.
- *All-Time High*: The all-time high price of ETH was $4,846.43-$4,891.70 USD.
- *Price Change*: ETH has experienced a +7.12% to +7.67% change in the last 24 hours and a +20.76% to +21.06% change over the past 7 days.
*Key Features:*
- *Decentralized Platform*: Ethereum is a decentralized blockchain platform that supports smart contracts and decentralized applications (dApps).
- *Smart Contracts*: Ethereum enables the creation and execution of smart contracts, which are self-executing agreements coded directly onto the blockchain.
- *Proof of Stake (PoS)*: Ethereum uses a PoS consensus algorithm, which is more energy-efficient than traditional Proof of Work (PoW) algorithms.
- *Layer-2 Solutions*: Ethereum's Layer-2 solutions, such as Arbitrum and Optimism, increase transaction throughput and reduce gas fees.
*Use Cases:*
- *Decentralized Finance (DeFi)*: Ethereum is a popular platform for DeFi applications, including lending, borrowing, and trading.
- *Non-Fungible Tokens (NFTs)*: Ethereum is widely used for creating and trading NFTs, which are unique digital assets.
- *Gaming*: Ethereum's blockchain supports various gaming applications, including decentralized gaming platforms and NFT-based games ⁴.