Ethereum (ETH) Market Capitalization Tops $375.23 Billion

Ethereum (ETH) traded 1.5% higher against the U.S. dollar during the 1 day period ending at 14:00 PM Eastern on May 4th. Ethereum has a market capitalization of $375.23 billion and approximately $9.14 billion worth of Ethereum was traded on exchanges in the last 24 hours. In the last week, Ethereum has traded down 3.9% against the U.S. dollar. One Ethereum coin can now be bought for about $3,124.12 or 0.04913265 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Cardano (ADA) traded up 0.6% against the dollar and now trades at $0.47 or 0.00000737 BTC.
• Avalanche (AVAX) traded up 4.3% against the dollar and now trades at $36.85 or 0.00057952 BTC.
• NEAR Protocol (NEAR) traded 1.4% higher against the dollar and now trades at $6.88 or 0.00010828 BTC.
• Internet Computer (ICP) traded 3.8% lower against the dollar and now trades at $13.25 or 0.00020838 BTC.
• Uniswap (UNI) traded up 1.4% against the dollar and now trades at $7.55 or 0.00011872 BTC.
• Hedera (HBAR) traded down 1.9% against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cronos (CRO) traded 0.6% higher against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Cosmos (ATOM) traded 0.4% lower against the dollar and now trades at $8.77 or 0.00013788 BTC.
• Fetch.ai (FET) traded up 2.5% against the dollar and now trades at $2.19 or 0.00003443 BTC.
• Algorand (ALGO) traded 2.1% higher against the dollar and now trades at $0.20 or 0.00000307 BTC.

Ethereum Coin Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,108,107 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official message board is forum.ethereum.org. Ethereum’s official website is www.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 acquire Ethereum using US dollars directly can do so using Gemini, Coinbase or GDAX.

ETH/USD price chart by TradingView