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 | $1,913.40 |
Today, the price of Ethereum stands at $1,913.40 USD, and it is continuously updated to reflect real-time changes. Over the past 24 hours, Ethereum has experienced a 3.45% decrease in value. With a live market cap of $230,255,685,313 USD, Ethereum currently holds the second position on CoinMarketCap’s ranking. The circulating supply of Ethereum consists of 120,204,712 ETH coins, while the maximum supply is currently unspecified. Additionally, the 24-hour trading volume for Ethereum amounts to $10,634,493,528 USD.
