About Ethereum

Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.

Happening now

AI generated 3h ago

ETH declined ↘6% over the past week, ranking second in total cryptocurrency market cap.

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2/22/2026, 11:29:53 AM

Trading Insights

Buyer Ratio

80%0%

Traders

29K

82.88%

Buyers

23K

85.29%

Sellers

7.4K

75.96%

Searched

5K

Market Stats

Market Cap

S$302.78B

0.02%

FDV

S$302.78B

Circ. Supply

121M ETH

Max Supply

Not enough data

Total Supply

121M ETH

Diluted Valuation

S$302.72B

Performance

Popularity

#2

Dominance

10.56%

Volume (24H)

S$13.46B

42.02%

Volume (7D)

S$145.13B

Volume (30D)

S$410.86B

All time high

S$6.27K

Price Change (1Y)

Not enough data

29.78%

Additional details

Market details

ETH vs markets

↘ 5.93%

ETH vs BTC

↘ 0.87%

Tags

pos

smart-contracts

layer-1

ftx-bankruptcy-estate

+2

Network & Addresses

Network
Address

Ink

NA

MegaETH

NA

Worldchain

NA

Unichain

NA

Price history

Time
Price
Change
Today
S$2,507.93
-0.14%
1 Day
S$2,512.27
-0.14%
1 Week
S$2,604.41
-3.92%
1 Month
S$3,830.07
-33.62%
1 Year
S$3,767.14
-29.78%

Coinbase insights

Happening now

AI generated 3h ago

ETH declined ↘6% over the past week, ranking second in total cryptocurrency market cap.


Market Position

Represents roughly 11% of total cryptocurrency market cap, trading ↘60% below all-time high

Weekly volume dropped ↘52% while maintaining above-market levels during recent correction

Monthly decline ↘34% with unique traders falling ↘83% in last 24 hours


Latest Stories

Vitalik Buterin supports network upgrade focused on censorship resistance.

Source↗

BNP Paribas launches money market fund tokenization pilot.

Source↗

Sharplink reports increase in ETH holdings and institutional investments.

Source↗

Recent trends

The latest ETH price is S$2,507.93. Compared to Ethereum's value of S$2,512.27 from 24 hours ago, there's been a -0% decrease, while the current price is -4% down from S$2,604.41 which was recorded one week ago. Ethereum's all time high is S$6,274.89, which was reached on August 24, 2025. This is a -60% change from its price today.

The market cap is currently S$302.78B, which is a result of multiplying the current price of Ethereum(S$2,507.93) by the total supply(120,692,364 ETH). The fully diluted valuation of Ethereum is S$302.78B. The diluted valuation of Ethereum is S$302.78B.

Ethereum had 23,041 buyers, 7,431 sellers and total 28,731 trades in the last 24h. Ethereum was searched 4,967 times in the last 24h.

FAQ

Ethereum is a decentralized blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). Unlike Bitcoin, which primarily functions as a digital currency, Ethereum provides an ecosystem for developers to build applications that run without downtime, fraud, or third-party interference. The native cryptocurrency of Ethereum is ETH, which is used for transaction fees and computational services on the network. The Ethereum price fluctuates based on supply and demand, network upgrades, and broader market trends. Many investors track the ETH to USD rate to determine Ethereum’s value against the US dollar.

Ethereum operates on a blockchain, a decentralized ledger that records transactions securely across multiple nodes. Unlike traditional networks, Ethereum uses smart contracts, self-executing contracts with predefined rules that run on the blockchain. These contracts power various decentralized applications in finance, gaming, supply chain management, and more. Transactions on Ethereum require ETH, which serves as both a currency and a fuel (gas) for executing operations. The price of Ethereum in USD often fluctuates based on network congestion, transaction demand, and technological upgrades such as Ethereum 2.0, which introduced staking instead of mining.

Ethereum has a wide range of use cases, making it one of the most versatile blockchain platforms. The most prominent applications include Decentralized Finance (DeFi), where users can lend, borrow, or trade assets without intermediaries. Ethereum is also widely used for NFTs (Non-Fungible Tokens), which represent ownership of digital art, collectibles, and virtual assets. Additionally, Ethereum powers Decentralized Applications (dApps) in industries such as gaming, healthcare, and supply chain management. The ETH price is heavily influenced by the adoption of these applications and the growth of the Ethereum ecosystem. Investors closely monitor ETH to USD conversions to assess market sentiment and potential investment opportunities.

Ethereum was conceptualized in 2013 by Vitalik Buterin and officially launched in 2015. The goal was to expand blockchain capabilities beyond simple transactions, allowing for smart contracts and decentralized applications. Over the years, Ethereum has undergone several major upgrades, including The Merge, which transitioned Ethereum from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism. This shift reduced energy consumption and introduced staking instead of mining. The Ether price has seen significant volatility, reaching all-time highs above $4,800 in 2021 before experiencing corrections. As Ethereum continues to evolve, its adoption and network upgrades will continue to impact the Ethereum price and overall market performance.

The primary difference between Bitcoin and Ethereum lies in their functionality. Ethereum, for example, is a programmable blockchain that supports smart contracts and decentralized applications. Another key distinction is that Bitcoin uses a Proof of Work (PoW) system, whereas Ethereum has transitioned to Proof of Stake (PoS), making it more energy-efficient. The ETH price is often influenced by different factors than Bitcoin, including technological advancements, DeFi adoption, and Ethereum network upgrades. Many traders track the ETH to USD ratio to compare its performance against Bitcoin and other cryptocurrencies.

Staking Ethereum involves locking up ETH to support the network’s security and earn passive rewards. Since Ethereum's transition to Proof of Stake (PoS), staking has replaced traditional mining. Users can stake ETH by either setting up their own validator node with a minimum of 32 ETH or by joining staking pools through platforms like Coinbase, Binance, or Lido. Staking rewards vary based on network activity and the number of participants, and they are often reflected in the Ethereum price fluctuations. Many investors consider staking as a way to generate passive income while holding ETH long-term.

The Ethereum price is influenced by several factors, including supply and demand, network adoption, regulatory developments, and broader market conditions. Since ETH is widely used in DeFi, NFTs, and smart contract applications, any increase in transaction activity can drive up ETH price due to higher demand for gas fees. Additionally, major Ethereum upgrades, such as Ethereum 2.0, can impact investor sentiment and affect the Ethereum price in USD. External factors like macroeconomic trends, institutional adoption, and market speculation also contribute to Ethereum's price volatility.

Buying Ethereum is simple and can be done on various cryptocurrency exchanges. Popular platforms like Binance, Coinbase, Kraken, and Bitstamp allow users to purchase ETH using fiat currencies like USD, EUR, and SGD. To buy Ethereum, users need to create an account, verify their identity, deposit funds, and execute a trade. The ETH to USD exchange rate varies across platforms due to liquidity and transaction fees. Investors should also consider the Ethereum price at the time of purchase to optimize their investment strategy.

The amount of ETH you receive for $1 depends on the Ethereum price at the time of purchase. For example, if the ETH price is $2,000, a $1 investment would buy 0.0005 ETH. Since Ethereum price is highly volatile, the value of that ETH may increase or decrease over time. Many investors use the ETH to USD conversion rate to track their returns and make informed trading decisions.

The largest holders of Ethereum include crypto exchanges, institutional investors, and Ethereum’s co-founder Vitalik Buterin. Many exchanges, such as Binance and Coinbase, hold large reserves of ETH to facilitate trading and liquidity. Additionally, Ethereum’s smart contracts and DeFi platforms lock up significant amounts of ETH, impacting the available supply in circulation. The Ethereum price can be influenced by whale movements, as large transactions may cause fluctuations in ETH price.

Ethereum ETFs are investment funds that track the price of ETH without requiring investors to directly buy and store the cryptocurrency. These funds allow traditional investors to gain exposure to Ethereum’s price movements through regulated financial products. The launch of Ethereum ETFs has contributed to increased institutional interest in ETH, influencing the Ethereum price.

Ethereum can be stored in different types of crypto wallets, including hardware wallets (Ledger, Trezor), software wallets (MetaMask, Trust Wallet), and exchange wallets. For enhanced security, hardware wallets are recommended for long-term storage, while software wallets provide convenience for regular transactions. Keeping track of the ETH price and ensuring wallet security is crucial for protecting investments in Ethereum.

Ethereum 2.0, also known as Eth 2.0, refers to a series of upgrades aimed at improving the Ethereum blockchain’s scalability, security, and efficiency. The transition from Proof of Work (PoW) to Proof of Stake (PoS) was a major milestone, eliminating energy-intensive mining while introducing staking mechanisms. This upgrade significantly reduced Ethereum’s environmental footprint and improved transaction speeds. The impact on the Ethereum price has been substantial, as institutional investors and developers view it as a more sustainable and scalable blockchain. Since staking replaces mining, ETH price is influenced by the number of staked tokens, reducing circulation and creating upward price pressure. Investors tracking ETH to USD conversions monitor Ethereum 2.0 updates closely, as network efficiency often correlates with Ethereum’s long-term value

The Ethereum Merge was a landmark event that officially transitioned Ethereum from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism. Completed in September 2022, this upgrade merged the Ethereum mainnet with the Beacon Chain, eliminating mining and significantly reducing energy consumption. The transition had a direct impact on ETH price, as it made Ethereum more eco-friendly and attractive to institutional investors. Additionally, the Merge paved the way for lower transaction fees and faster processing times, further increasing Ethereum's adoption in DeFi, NFTs, and enterprise applications. The Ethereum price remains volatile but has benefited from the long-term bullish sentiment surrounding Ethereum’s sustainability and security improvements.

EIP-1559 is an Ethereum upgrade introduced in August 2021 as part of the London Hard Fork. It fundamentally changed Ethereum’s fee structure by introducing a base fee burn mechanism, reducing the total supply of ETH over time. Prior to this, transaction fees were determined by an auction system, often leading to high gas fees. With EIP-1559, a portion of ETH used for transaction fees is permanently removed from circulation, effectively making Ether price deflationary. This mechanism has contributed to supply reduction, influencing Ethereum price positively over the long term. Since ETH to USD conversion rates are impacted by supply and demand, many investors see EIP-1559 as a key factor in Ethereum’s long-term growth.

The Ethereum Shanghai Upgrade, implemented in April 2023, enabled ETH stakers to withdraw their previously locked funds from the Ethereum 2.0 staking contract. Before this upgrade, users who participated in Ethereum’s Proof of Stake system had to lock their ETH indefinitely. The ability to withdraw staked assets brought new liquidity to the market, causing short-term fluctuations in ETH price as some investors sold their previously locked tokens. However, this upgrade also increased confidence in Ethereum staking, as it removed uncertainty regarding fund accessibility. The Ethereum price continues to be influenced by staking participation and network upgrades, making Shanghai one of the most significant updates post-Merge.

We update our Ethereum to SGD currency in real-time. Get the live price of Ethereum on Coinbase.

The current market cap of Ethereum is S$302.78B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Ethereum is S$6,274.89. This all-time high is highest price paid for Ethereum since it was launched.

Over the last 24 hours, the trading volume of Ethereum is S$13.46B.

Assets that have a similar market cap to Ethereum include Bitcoin, Tether, XRP, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Ethereum is 121 million.

Ethereum ranks 2 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 84% of Coinbase users are buying Ethereum. In other words, 84% of Coinbase customers have increased their net position in Ethereum over the past 24 hours through trading.

Yes, Ethereum is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Ethereum guide.

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Ethereum news

Trending articles

Social stats

Popularity in posts

#2

Contributors

40,990

Posts

196,941

% About Ethereum

14.223%

Articles

331

X (Twitter)

51.34% bullish

Sentiment

4.4 ★

Highlights

40,990 unique individuals are talking about Ethereum and it is ranked #2 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ethereum has an average sentiment score of 4.4 out of 5. Finally, Ethereum is becoming less newsworthy, with 331 news articles published about Ethereum.

On Twitter, people are mostly bullish about Ethereum. There were 55.22% of tweets with bullish sentiment compared to 7.56% of tweets with a bearish sentiment about Ethereum. 44.78% of tweets were neutral about Ethereum. These sentiments are based on 168106 tweets.

On Reddit, Ethereum was mentioned in 4431 Reddit posts and there were 84660 comments about Ethereum. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Analysis

Bulls say

Ethereum stands as the dominant player in the realm of smart contract platforms, boasting the largest base of users and developers. This widespread developer adoption fosters a robust environment that could nurture growth and innovation.

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Bears say

Despite Ethereum’s significant market capitalization, it faces intensifying competition from newer networks, prioritizing faster and more cost-effective solutions.

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Guides

Ethereum calculator

Coinbase Bytes

Market Bytes: Ethereum dominated crypto ETF inflows last week

Coinbase Bytes

Jul 30, 2025

Market Bytes: Ethereum dominated crypto ETF inflows last week

Since spot crypto ETFs launched in the U.S. last year, bitcoin funds have attracted the majority of capital flowing into the asset class. But last week, according to CoinShares’ latest report, ETH funds flipped that dynamic in dramatic fashion, with ether ETFs tallying $1.6 billion in inflows, while BTC ETFs saw around $175 million in outflows.
    ETH’s recent run, which included 16 straight days in the green, has helped push the funds’ year-to-date inflows to nearly $8 billion — more than they saw over the entirety of 2024.
    The second-largest crypto by market cap has gotten a boost from a combination of factors: the recent passage of bipartisan stablecoin legislation; the growing trend of publicly traded companies purchasing ETH for their corporate treasuries; and the rapid runup of bitcoin prices this year, which has traders looking for additional opportunities.
    “Ethereum is the second-largest digital asset, and the only other one available in [spot] ETF format, making it very easy to choose it in one’s effort to improve their portfolio’s diversification,” said Ric Edelman, founder of the Digital Assets Council of Financial Professionals.
Market Bytes: Why ETH and XRP are outperforming other cryptocurrencies this summer

Coinbase Bytes

Jul 23, 2025

Market Bytes: Why ETH is outperforming other cryptocurrencies this summer

    After a slow start to 2025, Ethereum has found major momentum in recent weeks, setting a new high for the year on Monday, north of $3,800. In the last week, ether ETFs saw a record-breaking $2.12 billion inflows — nearly double the previous best week. Over that same period, ETH prices spiked by around 25%, while BTC remained pretty much flat.
    Adding to the momentum has been the growing crop of public companies that have begun purchasing ETH for their balance sheets. Two publicly traded companies, Sharplink and Bitmine, both own more than $1 billion in ETH, and BitMine has set an explicit goal of accumulating 5% of the token’s overall supply. So far, around 59 public companies have added more than $9 billion worth of ETH to their balance sheets, with that number almost certainly set to rise in the coming weeks.
    According to Bitmine chair Tom Lee, ETH’s price could reach as high as $15,000 by the end of the year, with $4,000 being a short-term target, in large part due to its status as “Wall Street’s preferred choice” for blockchain infrastructure like stablecoins and tokenization.

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