![Ethereum](/_next/image?url=https%3A%2F%2Fcoin-images.coingecko.com%2Fcoins%2Fimages%2F279%2Flarge%2Fethereum.png%3F1696501628&w=600&q=75)
Ethereum
eth
Ethererum Price Chart
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24-Hour Range
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Ethererum Price Perfomance
Period | Change [%] | Low | High |
---|---|---|---|
24h | 0.04% | $3,487.51 | $3,518.22 |
7 days | -1.78% | $3,551 | $3,600.66 |
14 days | -5.63% | $3,679.53 | $3,708.77 |
1 month | -5.75% | $3,677.26 | $3,729.62 |
1 year | 86.60% | $1,869.61 | $1,927.17 |
Ethereum Featured Articles
- Crypto Markets Drop After Inflation Data Meets Expectations
Analysts are optimistic that Ethereum ETFs could launch in June. - BlackRock Amends S-1 Filing For Spot Ethereum ETF
The filing comes a week after the SEC approved 19b-4 forms for eight spot Ether ETFs. - Crypto Markets Falter as Rising Treasury Yields Pressure Risk Assets
BlackRock’s IBIT has overtaken GBTC to become the largest Bitcoin ETF with nearly $20 billion in assets.
Ethererum Index
Ethereum: The Smart Contract Platform Powering the Decentralized Web
1. What is Ethereum?
Ethereum (ETH) is a decentralized, open-source blockchain platform that enables the creation and execution of smart contracts. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum provides a platform for building decentralized applications (dApps) that can automate complex processes and agreements without intermediaries.
2. How does Ethereum work?
Ethereum operates on a blockchain, a distributed ledger that records transactions across a network of computers. Smart contracts, which are self-executing code, are deployed and run on this blockchain. These contracts can facilitate various activities, from decentralized finance (DeFi) to non-fungible tokens (NFTs) and beyond.
3. What are smart contracts?
Smart contracts are programmable agreements that automatically execute when predefined conditions are met. They eliminate the need for intermediaries like lawyers or banks, making transactions faster, cheaper, and more secure.
4. What is Ether (ETH)?
Ether (ETH) is the native cryptocurrency of the Ethereum network. It's used to pay for transaction fees, deploy smart contracts, and interact with dApps. ETH also serves as an incentive for miners who validate transactions and secure the network.
5. How do I buy ETH?
You can purchase ETH on various cryptocurrency exchanges, such as Coinbase, Binance, or Kraken. After creating an account and verifying your identity, you can link a payment method and buy ETH directly.
6. What are the benefits of Ethereum?
- Decentralization: Ethereum operates on a decentralized network, making it resistant to censorship and control.
- Smart Contracts: Smart contracts enable the creation of a wide range of dApps with endless possibilities.
- DeFi: Ethereum is the leading platform for decentralized finance, offering services like lending, borrowing, and trading without intermediaries.
- NFTs: Ethereum is home to the booming NFT market, where digital art, collectibles, and other unique assets are tokenized and traded.
- Community: Ethereum has a large and active community of developers, entrepreneurs, and users, fostering innovation and growth.
7. What are the risks of investing in Ethereum?
- Volatility: Cryptocurrency prices can be highly volatile, and ETH is no exception.
- Scalability: Ethereum has faced scalability challenges, leading to high transaction fees and network congestion.
- Competition: Other blockchain platforms are emerging to challenge Ethereum's dominance.
Ethereum's Future
Ethereum is constantly evolving, with ongoing upgrades and improvements aimed at addressing its challenges. Its potential to revolutionize industries through decentralized applications and smart contracts is immense.
Remember: Investing in Ethereum or any cryptocurrency involves risks. Always do your own research and consult with a financial advisor before making any investment decisions.
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