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 | $1,897.97 |
Today, the price of Ethereum is $1,897.97 USD, and we provide real-time updates for its value against the US dollar. Over the past 24 hours, Ethereum has experienced a 0.62% increase in value. It currently holds the #2 position on CoinMarketCap, with a live market capitalization of $228,353,479,181 USD. The circulating supply of Ethereum consists of 120,200,810 ETH coins, while the maximum supply is undisclosed. Additionally, the 24-hour trading volume for Ethereum stands at $6,191,260,179 USD.
