+

Total Market Cap: $2.370T

24h Volume: $33.000B

BTC Dominance: 67.72%

Global Market Sentiment: 29

Average Market Correlation: 0.30

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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Beta

Ethereum

ETH
Rank #2
$1,615.52

-4.24%

Low:
$1,490.20
High:
$1,619.92
(24h)
Volume 24h
$11,830,245,126
-42.29%
Circulating Supply
120,682,975 ETH
Total Supply
ISSUE TO SOLVE
Max Supply
N.A
Market Cap
$186,751,858,306
Fully Diluted Market Cap
N.A
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
69.87%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.57
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.506
Market Dominance
7.89%
ATL/ATH
$0.49/$4,622.07
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
32
Information for Ethereum
Last News related to Ethereum
What is Ethereum ?

Overview

Ethereum is an open-source, blockchain-based platform created by Vitalik Buterin and launched in 2015. It enables developers to build and deploy decentralized applications (dApps) and smart contracts, which are self-executing contracts with the terms directly written into code. Ethereum's native cryptocurrency, Ether (ETH), is used to power transactions and computational services on the network. Its flexibility and support for complex contracts have made it a cornerstone of the decentralized finance (DeFi) movement and the broader blockchain ecosystem.

Utility

Ether (ETH) serves as the fuel for the Ethereum network, often referred to as 'gas.' It is used to pay for transaction fees and computational services on the Ethereum blockchain. ETH is crucial for the operation of smart contracts and dApps, enabling a wide range of use cases from decentralized finance (DeFi) to non-fungible tokens (NFTs). Additionally, Ethereum's network supports Initial Coin Offerings (ICOs) and other token generation events, playing a pivotal role in the fundraising and development of new blockchain projects.

Security

Ethereum initially used a Proof of Work (PoW) consensus mechanism but has transitioned to Proof of Stake (PoS) with the Ethereum 2.0 upgrade. In PoS, validators are chosen to create new blocks and verify transactions based on the amount of ETH they hold and are willing to 'stake' as collateral. This transition aims to enhance the network's scalability, energy efficiency, and security. The PoS mechanism reduces the computational requirements and incentivizes honest behavior among validators, maintaining the integrity and security of the Ethereum network.

Supply data provided by CoinGecko API
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