#ETHPriceWatch

The current price of Ethereum (ETH) varies across different sources, with values ranging from approximately $2,652.95 to $2,812.75. The trading volume also shows significant activity, indicating a dynamic market. For the most accurate and up-to-date information, you can check live charts on platforms like CoinDesk or TradingView. Current ETH Price Overview

The price of Ethereum (ETH) is approximately $2,777.92 according to Coinbase.

Another source, CoinTracker, lists the price at $2,747.02.

Market Activity

The 24-hour trading volume is reported to be around $21.046 billion on Coinbase and $28.2 billion on CoinTracker.

The market capitalization of Ethereum is approximately $331 billion.

Historical Context

Ethereum is currently valued at 41.16% below its all-time high of $4,721.07.

The price has seen significant fluctuations since its inception, with notable peaks and corrections over the years.

Ethereum's Functionality

Ethereum operates as a decentralized platform for executing smart contracts and decentralized applications.

The transition from a proof-of-work to a proof-of-stake model has enhanced its efficiency and scalability.

Recent Developments

The Shanghai upgrade has introduced features like staked ETH withdrawals and improvements to gas fees, reflecting ongoing enhancements in the Ethereum ecosystem.