Track the Ethereum price today in US dollars with our live ETH chart, key market stats and the latest Ethereum news. Prices come from CoinGecko and refresh every minute. For a wider view, see all crypto prices or start with our crypto guides.
About Ethereum (ETH)
Ethereum is a programmable blockchain that went live in July 2015. Vitalik Buterin proposed it, and a group of co-founders helped build it. Bitcoin mainly moves value. Ethereum runs smart contracts: code that executes exactly as written and powers decentralized finance (DeFi), stablecoins, NFTs, tokenized assets and thousands of other applications.
Ether (ETH) is the network’s native asset. Every transaction pays a fee, called gas, in ETH. Since the London upgrade in 2021, the base part of that fee is burned, which removes ETH from circulation. In September 2022, “the Merge” moved Ethereum from proof of work to proof of stake. Validators now lock up ETH to secure the chain and earn rewards, and the network’s energy use dropped by more than 99%.
ETH has no fixed maximum supply. Its net issuance depends on staking rewards minus the fees burned, so supply can grow or shrink over time. In addition, much activity now happens on layer-2 networks such as Arbitrum, Optimism and Base, which settle back to Ethereum. Spot Ether ETFs began trading in the US in July 2024.
What moves the Ethereum price?
- Network activity: DeFi, stablecoin and layer-2 usage drive fee demand and the ETH burn.
- Staking: the share of ETH locked by validators and changes in staking yields.
- ETF and institutional flows, as well as treasury companies holding ETH.
- Upgrades: protocol changes that affect scaling, fees or the user experience.
- The wider market: ETH often moves with Bitcoin and with overall risk sentiment.
Ethereum price FAQ
What is the difference between Ethereum and ether?
Ethereum is the network and ether (ETH) is its native currency. People often use “Ethereum price” to mean the price of ETH.
Does Ethereum have a maximum supply?
No. Instead of a hard cap, the protocol issues new ETH to validators, while part of every transaction fee is burned. When network activity is high, the burn can outweigh issuance and total supply can shrink.
Where does this page get the ETH price?
The live card uses CoinGecko’s aggregated market price and falls back to Binance if CoinGecko is unavailable. It refreshes about every 60 seconds while the page is open.
What is ETH staking?
Staking means locking ETH to help validate the network in exchange for rewards. You can run your own validator with 32 ETH, or use a staking pool or exchange. Each option carries its own risks, such as smart-contract risk, counterparty risk and lock-up periods.
Is Ethereum a good investment?
CryptoVank does not give investment advice. ETH is volatile and can fall sharply. Only risk money you can afford to lose.