Ethereum Achieves Market Capitalization of $384.89 Billion (ETH)

Ethereum (ETH) traded 2.4% lower against the U.S. dollar during the 1-day period ending at 21:00 PM ET on April 24th. Ethereum has a market capitalization of $384.89 billion and approximately $14.15 billion worth of Ethereum was traded on exchanges in the last day. In the last week, Ethereum has traded 5.9% higher against the U.S. dollar. One Ethereum coin can currently be bought for approximately $3,153.58 or 0.04880660 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Cardano (ADA) traded 4.9% lower against the dollar and now trades at $0.48 or 0.00000741 BTC.
• Avalanche (AVAX) traded down 5.5% against the dollar and now trades at $36.63 or 0.00056689 BTC.
• NEAR Protocol (NEAR) traded 1.5% lower against the dollar and now trades at $6.88 or 0.00010653 BTC.
• Internet Computer (ICP) traded 5.2% lower against the dollar and now trades at $13.80 or 0.00021353 BTC.
• Uniswap (UNI) traded 3.3% lower against the dollar and now trades at $7.76 or 0.00012014 BTC.
• Hedera (HBAR) traded down 24.5% against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Cronos (CRO) traded 4.9% lower against the dollar and now trades at $0.13 or 0.00000194 BTC.
• Cosmos (ATOM) traded down 3% against the dollar and now trades at $8.47 or 0.00013105 BTC.
• Fetch.ai (FET) traded 7.2% lower against the dollar and now trades at $2.28 or 0.00003530 BTC.
• Algorand (ALGO) traded 4.6% higher against the dollar and now trades at $0.21 or 0.00000324 BTC.

Ethereum Coin Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 122,047,160 coins. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official message board is forum.ethereum.org. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ethereum is a decentralized platform for building smart contracts and decentralized applications. It has its own cryptocurrency, Ether, and enables users to transact and communicate without the need for a central authority. In contrast to Bitcoin, Ethereum is a general purpose blockchain that can be programmed for a wide range of tasks. It can be used for building apps and organizations, holding assets, and facilitating financial transactions while respecting user privacy and avoiding censorship. ETH, the native cryptocurrency of Ethereum, is used to fuel and secure the network, serve as collateral for the creation of other tokens, and support the Ethereum financial system. It has value as a means of paying transaction fees and as a store of value or tool for decentralized finance. ETH has also gained recognition through initial coin offerings.”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using U.S. dollars directly can do so using Changelly, GDAX or Coinbase.

ETH/USD price chart by TradingView