$ETH Here's the latest information on Ethereum:
## Price and Market Performance
- *Current Price*: $1,791.31 USD, with a 1.29% increase in the last 24 hours
- *Market Cap*: $216.24 billion USD, ranking #2 on CoinMarketCap
- *24-hour Trading Volume*: $17.01 billion USD
- *Circulating Supply*: 120.72 million ETH coins
## Key Features and Benefits
- *Decentralized Open-Source Blockchain*: Ethereum is a platform for numerous cryptocurrencies and decentralized smart contracts
- *Smart Contract Applications*: Facilitating, verifying, and enforcing agreements between multiple parties
- *Decentralized Applications*: Operating autonomously without a central authority
- *Tokenization*: Representing assets like art, certificates, or real estate as tradable tokens
## Ecosystem and Development
- *Developer Community*: Ethereum has the largest and most vibrant developer ecosystem in Web3
- *Decentralized Finance (DeFi)*: Over $97 billion value locked in DeFi applications
- *Non-Fungible Tokens (NFTs)*: Popular platform for creating and trading unique digital assets
## Roadmap and Upgrades
- *The Merge*: Ethereum's transition to proof-of-stake consensus mechanism, reducing energy consumption by 99.9%
- *Shanghai Upgrade*: Future upgrade enabling staked ETH withdrawals and other improvements ¹ ² ³