Ethereum on Binance: Key Details
1. Live Price & Market Activity
Current Price:
Around $4,719.06 USD, with minor daily movement (~0.0065%) .
Binance’s internal tracker reports ETH at approximately $4,714.60, reflecting a 0.27% increase over 24 hours, and a market capitalization near $569 billion USD .
24-Hour Movement:
Price range: Low: $4,619.49 — High: $4,788.55 .
All-time high recorded by Binance: $4,891.70 .
2. Trading & Liquidity
Binance offers high liquidity through spot markets like ETH/USDT. For instance, the trading price at one point was $4,764.27 USD with a strong volume of activity .
3. Binance's In-House Price Prediction Tool
Binance provides a user-driven price prediction feature, where users input their own growth expectations and view projected ETH prices up to 2030. For example:
If ETH grows 5%, projections indicate $4,725.93 by Aug 15, 2025, and $6,030.81 by 2030 .
It also includes technical indicators:
Short-term (4h, 1d) and weekly moving averages are trending upward, though interpretation varies; RSI readings range from neutral to overbought, and MACD shows no clear divergence signals .
4. How to Buy, Trade, or Cash Out ETH on Binance
Binance supports buying ETH with fiat (banks, cards, P2P) and spot/margin/conversion trading .
You can also withdraw ETH to your personal wallet or convert to fiat and cash out through linked bank accounts .
5. Background: What Is Ethereum?
Launched in 2015 by Vitalik Buterin and others, Ethereum is a decentralized, open-source blockchain platform enabling smart contracts and decentralized applications (dApps) .
Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) in September 2022—a shift dubbed The Merge—reducing energy usage by over 99% .
The Dencun upgrade (2024) introduced scalability improvements via Proto-Danksharding, and the upcoming Pectra upgrade (expected mid-2025) plans enhancements like flexible staking th$ETH
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