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 | Ethereum | USD |
|---|---|---|
| Today | 01 | $1,887.69 |
Today, the price of Ethereum stands at $1,887.69 USD, and we continuously update this value as it changes. The 24-hour trading volume for Ethereum is $5,870,802,392 USD. Over the past 24 hours, Ethereum has experienced a 0.86% increase. Currently, Ethereum holds the #2 ranking on CoinMarketCap, with a live market cap of $226,923,568,972 USD. The circulating supply of Ethereum is 120,207,913 ETH coins, while the maximum supply is not available.
