$ETH Ethereum (ETH) is currently priced around $2,791.95, with a 24-hour trading volume of $34.3 billion and a market capitalization of $337.05 billion.

Ethereum's price has increased by 4.40% in the last 24 hours and 6.00% in the past 7 days. The network uses a proof-of-stake consensus mechanism, where validators secure the network and earn ETH rewards.

Ethereum is not just a cryptocurrency; it's also a platform for decentralized applications (dApps) and smart contracts. Its native cryptocurrency, Ether (ETH), powers the network and is used to pay for transaction fees.