Ethereum is a decentralized blockchain system that operates on an open-source platform. It has its digital currency called Ether (ETH) and serves as a foundation for various other cryptocurrencies. Additionally, it enables the execution of decentralized smart contracts.
Vitalik Buterin outlined the concept of Ethereum in a whitepaper published in 2013. To fund the project, Buterin, and the co-founders organized a public crowd sale in 2014, during which they raised $18.3 million worth of Bitcoin.
The initial price of Ethereum during the Initial Coin Offering (ICO) was $0.311, and more than 60 million Ether were sold. Considering the current price of Ethereum, this translates to an impressive annualized return on investment (ROI) of over 270%, nearly quadrupling the initial investment each year since the summer of 2014.
TODAY’S Ethereum PRICE
| DATE | Cardano | USD |
|---|---|---|
| Today | 01 | $1,872.95 |
As of today, the price of Ethereum (ETH) is $1,872.95 USD, and its 24-hour trading volume is $5,569,074,629 USD. The price is regularly updated in real time. Over the past 24 hours, Ethereum has seen a 1.44% increase. It currently holds the second position on CoinMarketCap, with a live market capitalization of $227,650,018,416 USD. The circulating supply of ETH coins is 120,208,383, and the maximum supply is not available.
