Ethereum (ETH) is a decentralized blockchain platform that enables smart contracts and decentralized applications (dApps). Here's a brief overview ¹ ²:
- *Current Price*: ETH is trading at around $1,603.54 to $1,618.05 USD, with a 0.20% to 1.16% increase in the last 24 hours.
- *Market Cap*: The market capitalization of Ethereum is approximately $193.33 billion to $195.29 billion USD.
- *Circulating Supply*: There are about 120.7 million ETH in circulation.
- *Use Cases*: ETH is used for transaction fees, smart contract execution and interacting with dApps. It's also used for buying NFTs and other digital assets.
Some key features of Ethereum include ¹ ³:
- *Smart Contracts*: Self-executing contracts with conditions written directly into code.
- *Decentralized Applications*: dApps that run on the Ethereum network.
- *Open-Source*: Ethereum's source code is available for inspection, modification and distribution.
