Ethereum (ETH) Hits Market Cap of $426.93 Billion

Ethereum (ETH) traded 0.9% lower against the US dollar during the one day period ending at 7:00 AM E.T. on March 29th. Over the last week, Ethereum has traded up 3.4% against the US dollar. One Ethereum coin can now be bought for about $3,555.66 or 0.05064297 BTC on popular exchanges. Ethereum has a market capitalization of $426.93 billion and approximately $13.77 billion worth of Ethereum was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Cardano (ADA) traded up 0.5% against the dollar and now trades at $0.66 or 0.00000933 BTC.
• Avalanche (AVAX) traded down 0.9% against the dollar and now trades at $53.83 or 0.00076671 BTC.
• Internet Computer (ICP) traded down 1.3% against the dollar and now trades at $17.60 or 0.00025061 BTC.
• Uniswap (UNI) traded up 2.8% against the dollar and now trades at $12.76 or 0.00018180 BTC.
• NEAR Protocol (NEAR) traded 3.3% lower against the dollar and now trades at $7.09 or 0.00010095 BTC.
• Cosmos (ATOM) traded 0.9% lower against the dollar and now trades at $12.31 or 0.00017527 BTC.
• Cronos (CRO) traded up 0.5% against the dollar and now trades at $0.15 or 0.00000218 BTC.
• Hedera (HBAR) traded 0.2% lower against the dollar and now trades at $0.11 or 0.00000163 BTC.
• Fetch.ai (FET) traded down 2.2% against the dollar and now trades at $3.27 or 0.00004651 BTC.
• Algorand (ALGO) traded 2% higher against the dollar and now trades at $0.28 or 0.00000394 BTC.

About Ethereum

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 120,070,734 coins. The official website for Ethereum 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. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official message board is forum.ethereum.org.

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.”

Ethereum Coin Trading

Investors seeking to acquire Ethereum using US dollars directly can do so using Gemini, Coinbase or Changelly.

ETH/USD price chart by TradingView