#EthereumFuture Ethereum is a Proof-of-Stake blockchain that powers decentralized applications (dApps) through smart contracts, without being controlled by a centralized entity. As the first blockchain to feature smart contracts, it has the largest ecosystem of decentralized applications, ranging from decentralized exchanges to crypto lending and borrowing platforms and more.
Ethereum is also home to numerous Layer 2 solutions that offer users a cheaper and faster way to process transactions on the blockchain. Some of these solutions include Arbitrum, which rolls up multiple transactions into a single transaction on Ethereum, and Polygon’s Proof-of-Stake chain, which is a sidechain that runs parallel to the Ethereum blockchain. Ethereum (ETH) price has increased today.
The price of Ethereum (ETH) is $1,810.32 today with a 24-hour trading volume of $14,483,960,945. This represents a 2.29% price increase in the last 24 hours and a 13.95% price increase in the past 7 days. With a circulating supply of 120 Million ETH, Ethereum is valued at a market cap of $218,576,367,818.
