$ETH #ETH🔥🔥🔥🔥🔥🔥
Ethereum ($ETH):
# Current Price and Market Status
- Current price: $1,779.16 (up 11.97% in the last 24 hours)
- Market capitalization: $214.82 billion (up 12.04%)
- 24-hour trading volume: $27.81 billion (up 97.66%)
- Circulating supply: 120.71 million ETH
# Key Features
- Ethereum is a decentralized open-source blockchain system
- Supports smart contracts and decentralized applications (d Apps)
- Enables creation of non-fungible tokens (NFTs) and tokenized assets
- Transitioned to proof-of-stake (PoS) consensus mechanism in 2022
# History and Development
- Founded in 2013 by Vitalik Buterin
- Initial coin offering (ICO) in 2014 raised $18.3 million
- Launched in July 2015 with smart contract capabilities
- Undergone multiple upgrades, including the London hard fork and The Merge
# Use Cases
- Decentralized finance (DeFi) services
- Gaming and digital identity
- Supply chain management and financial services
- NFTs and digital art ownership ¹ ²
