Ethereum price right now is $ 2,534.04 with a 24-hour trading volume of $ 24.21B, market cap of $ 302.45B, and market dominance of 17.30%. The ETH price increased 2.75% in the last 24 hours.
Ethereum reached its highest price on Nov 10, 2021 when it was trading at its all-time high of $ 4,867.17. The lowest price since it’s ATH was $ 2,174.36 (cycle low). The highest ETH price since the last cycle low was $ 2,706.07 (cycle high). The Ethereum price prediction sentiment is currently bearish.
Ethereum’s current circulating supply is 119.36M ETH. In terms of market cap, Ethereum is currently ranked 2 in the Proof-of-Work sector.
Ethereum is a blockchain network that was launched in July of 2015. While there were numerous founders behind the project, Ethereum was initially proposed by Vitalik Buterin. In order to fund development, the project sold rights to ETH tokens in a sale that took place between July and August of 2014. The currency used by the participants to purchase ETH was Bitcoin. The Ethereum project raised approximately $16 million worth of BTC in its initial coin offering.