FXTM information and reviews
FXTM
93%
OctaFX information and reviews
OctaFX
92%
XM information and reviews
XM
91%
FXCC information and reviews
FXCC
90%
Libertex information and reviews
Libertex
89%
FxPro information and reviews
FxPro
88%

Ethereum Price, ETH/USD Exchange Rates


Current Rating 2
Symbol ETH
Logo
Price change, 1h -0.07%
Price change, 24h 2.25%
Price change, 7d 2.92%
ETH current price $2 063.53
ETH Market cap $249 463 524 094
Available supply 120 891 639 ETH
Volume, 24h $13 395 671 229
Share

Ethereum is a software platform that aims to act as a decentralized Internet as well as a decentralized app store. A system like this needs a currency to pay for the computational resources required to run an application or a program. This is where ‘Ether’ comes into play. Ether is a digital bearer asset and it doesn’t require a third party to process the payment. However, it doesn’t only operate as a digital currency, it also acts as ‘fuel’ for the decentralized apps within the network. If a user wants to change something in one of the apps within Ethereum, they need to pay a transaction fee so that the network can process the change.

If bitcoin is "digital gold", then ether is certainly silver - the currency boasts the second-largest market capitalization. It is the original token of decentralized platform of etherium, which was launched by Vitalik Buterin on July 30, 2016.

The main difference between the rival platforms of bitcoin and the etherium lies in their purpose and capabilities. Thanks to the technology of "smart contracts", the etherium allows you to create not only currency, but decentralized applications, which attracts large technology players such as Intel and Microsoft to the project. Ethereum took the technology behind Bitcoin and substantially expanded its capabilities. It is a whole network, with its own Internet browser, coding language and payment system. Most importantly, it enables users to create decentralized applications on Ethereum’s Blockchain.

Ether is the second most popular cryptocurrency, the price of which has grown nearly 100 times in 2017.

It is the native cryptocurrency of Ethereum blockchain platform, where one can create decentralized applications (or “dapps”) without intermediaries. The potential use of Ethereum blockchain is vast: from projects in business development to managing identity, from currency exchanges to crowdfunding and more. Some analysts believe, Ether is one of the most credible cryptocurrencies as its platform allows to create new blockchains easier –  and that advances the whole digital industry. This broader usage in the tech space is perceived as the biggest advantage of Ether which has provided it with a strong investor support.

Ethereum is a decentralized system, which means it is not controlled by any single governing entity. An absolute majority of online services, businesses and enterprises are built on a centralized system of governance. This approach has been used for hundreds of years, and while history proved time and time again that it’s flawed, its implementation is still necessary when the parties don’t trust each other.

Ethereum, being a decentralized system, is fully autonomous and is not controlled by anyone at all. It has no central point of failure, as it is being run from thousands of volunteers’ computers around the globe, which means it can never go offline. Moreover, users’ personal information stays on their own computers, while content, such as apps, videos, etc., stays in full control of its creators without having to obey by the rules imposed by hosting services.

ETH/USD Price and Exchange Rates Charts

ETH/USD Price, Exchange Rates chart – 7 days

ETH/USD Price, Exchange Rates chart – 30 days

ETH/USD Price, Exchange Rates chart – 60 days

* Forex Rating accepts no liability for any errors in the Ethereum Price or ETH Information. For the most recent information please visit the Ethereum official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin 2.59%
2 ETH Information Ethereum 2.92%
3 USDT Information Tether 0.02%
4 BNB Information BNB 12.25%
5 USDC Information USD Coin 0.02%
6 XRP Information XRP 2.33%
7 ADA Information Cardano -1.42%
8 BUSD Information Binance USD 0.08%
9 SOL Information Solana 0.37%
10 HEX Information HEX -32.36%
11 DOGE Information Dogecoin -0.04%
12 DOT Information Polkadot -1.8%
13 STETH Information Lido stETH -3.32%
14 AVAX Information Avalanche -2.25%
15 WBTC Information Wrapped Bitcoin 2.57%
16 WTRX Information Wrapped TRON 11.76%
17 TRX Information TRON 11.85%
18 SHIB Information Shiba Inu 1.4%
19 DAI Information Dai 0.14%
20 MATIC Information Polygon 2.74%
Cryptocurrency Rating

Top Bitcoin Brokers

All Bitcoin Forex Brokers

BTC/USD Forecasts

Is Bitcoin leading or following global demand for risk?
Is Bitcoin leading or following global demand for risk?

Bitcoin is down 3.6% over the past week, ending near $29,900. Ethereum lost 5.8%, while other leading altcoins in the top 10 fell from 5.4% (XRP) to 9.2% (Cardano)...

23 May 2022

Bitcoin entrenched at $30K
Bitcoin entrenched at $30K

Bitcoin fluctuates around $30K and has crossed that line daily in one way or another over the past 12 days. A 3.5% increase in the day’s results on Thursday turned...

20 May 2022

UST-LUNA Wipeout Crashes Crypto
UST-LUNA Wipeout Crashes Crypto

The Terra stablecoin UST’s depegging issue caused a widespread dump in all crypto assets as the debacle starts to deteriorate. On Monday, huge volumes of redemptions for the UST...

17 May 2022

Bitcoin’s short-term upward channel
Bitcoin’s short-term upward channel

On Monday, Bitcoin was down 3.6%, ending the day around $29.9, but is trading back above $30K on Tuesday morning. Ethereum has little changed over the past 24 hours...

17 May 2022

Has Bitcoin reached the bottom?
Has Bitcoin reached the bottom?

Bitcoin is down 9.4% over the past week, ending at around $31,000. Ethereum lost 16.1%, while other leading altcoins in the top 10 fell from 13.9% (Binance Coin) to 25.4% (Solana)...

16 May 2022

Has the crypto market hit bottom?
Has the crypto market hit bottom?

Bitcoin added 0.6% on Thursday, ending the day around $28,600, a modest gain but a significant intraday win. Bitcoin managed to find support near $25K on Thursday morning...

13 May 2022

HFM information and reviews
HFM
87%
IronFX information and reviews
IronFX
86%
FXCM information and reviews
FXCM
85%
LegacyFX information and reviews
LegacyFX
83%
NordFX information and reviews
NordFX
82%
FP Markets information and reviews
FP Markets
81%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.