Current ETH Market Overview
Latest Price: $2,091.39
| Metric | Value |
|---|---|
| 24H High | $2,123.57 |
| 24H Low | $2,077.27 |
| All-Time High | $4,881.74 |
| 24H Volume | $57.39B |
| Market Cap | $251.7B |
| Circulating Supply | 120.5M ETH |
| Market Dominance | 19.30% |
Ethereum Price Analysis
Real-Time ETH Data
- Current Price: $2,086.61
- 24H Trading Volume: $149.48M
- Price Change (24H): +0.28%
- Market Rank: #2
👉 Track ETH price alerts for instant updates.
Key Price Drivers
- Network Upgrades: Ethereum's transition to Proof-of-Stake continues to influence investor sentiment.
- DeFi Activity: Over $11T in value processed across 2,900+ Ethereum-based dApps.
- NFT Demand: ERC-721 tokens fuel a $30B NFT market projected to reach $136B by 2027.
Exchange Comparison (Top 5)
| Exchange | Trading Pair | Price | 24H Volume |
|---|---|---|---|
| Binance | ETH/USDT | $2,086.12 | $829M |
| OKX | ETH/USDT | $2,087.79 | $154M |
| Gate.io | ETH/USDT | $2,086.30 | $125M |
| Huobi | ETH/USDT | $2,087.32 | $33.1M |
| Coinbase | ETH/USD | $2,087.90 | $28.7M |
30-Day Price History
| Date | Closing Price | 24H Change |
|---|---|---|
| 2023-04-19 | $2,088.07 | -0.73% |
| 2023-04-14 | $2,099.98 | +4.37% |
| 2023-03-31 | $1,821.62 | +1.56% |
Full historical data available in original content.
Ethereum Fundamentals
What is Ethereum?
Ethereum is a decentralized blockchain platform enabling:
- Smart contracts (self-executing agreements)
- dApp development (DeFi, NFTs, gaming)
- Token standards (ERC-20, ERC-721)
Key Innovations
- Ethereum Virtual Machine (EVM): Executes code across 41K+ nodes globally.
- The Merge: Transitioned network to PoS, reducing energy use by 99.95%.
- Upcoming Sharding: Will increase throughput to 100K TPS by 2024.
ETH Tokenomics
- Total Supply: 120.3M ETH
- Inflation Rate: ~0.5% post-Merge
- Staking Rewards: 4-7% APY for validators
👉 Learn about staking ETH with our beginner's guide.
FAQs
1. Is Ethereum a good investment in 2024?
While past performance shows ETH's potential (up 60% YTD), cryptocurrency markets remain volatile. Consider:
- Network upgrade progress
- DeFi/NFT adoption rates
- Macroeconomic factors
2. How do I store ETH safely?
Recommended options:
- Hardware wallets (Ledger, Trezor)
- Non-custodial wallets (MetaMask, Trust Wallet)
- Staking via reputable exchanges
3. What's the difference between ETH and BTC?
- Purpose: ETH powers dApps; BTC is digital gold.
- Supply: ETH has no hard cap; BTC capped at 21M.
- Consensus: ETH uses PoS; BTC uses PoW.
4. When will Ethereum gas fees decrease?
Expected improvements:
- Proto-danksharding (Q2 2024)
- Full sharding (2025)
- Layer 2 adoption (Arbitrum, Optimism)
Disclaimer: Cryptocurrency investments carry risks. This content is for informational purposes only and does not constitute financial advice.