Ethereum (ETH) Market Capitalization Achieves $365.98 Billion

Ethereum (ETH) traded up 4.3% against the dollar during the 24-hour period ending at 11:00 AM ET on January 28th. During the last week, Ethereum has traded up 3.4% against the dollar. One Ethereum coin can currently be bought for approximately $3,032.32 or 0.03367770 BTC on cryptocurrency exchanges. Ethereum has a market cap of $365.98 billion and $27.73 billion worth of Ethereum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Cardano (ADA) traded 3.8% higher against the dollar and now trades at $0.36 or 0.00000402 BTC.
• Cronos (CRO) traded up 1.7% against the dollar and now trades at $0.0918 or 0.00000102 BTC.
• Avalanche (AVAX) traded up 4.8% against the dollar and now trades at $12.17 or 0.00013521 BTC.
• Hedera (HBAR) traded up 2.8% against the dollar and now trades at $0.11 or 0.00000120 BTC.
• Uniswap (UNI) traded up 4.3% against the dollar and now trades at $4.85 or 0.00005383 BTC.
• NEAR Protocol (NEAR) traded 2.3% higher against the dollar and now trades at $1.48 or 0.00001646 BTC.
• Internet Computer (ICP) traded 0.5% higher against the dollar and now trades at $3.25 or 0.00003608 BTC.
• Cosmos (ATOM) traded up 3% against the dollar and now trades at $2.28 or 0.00002536 BTC.
• Algorand (ALGO) traded 2.2% higher against the dollar and now trades at $0.12 or 0.00000135 BTC.
• Beldex (BDX) traded 1.9% lower against the dollar and now trades at $0.0781 or 0.00000087 BTC.

Ethereum Profile

Ethereum (ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,694,374 coins. The official website for Ethereum is www.ethereum.org. The official message board for Ethereum is forum.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here.

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 initially gained recognition through initial coin offerings (ICOs).”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView