Ethereum (ETH) Achieves Market Capitalization of $303.90 Billion

Ethereum (ETH) traded up 1.2% against the dollar during the twenty-four hour period ending at 9:00 AM ET on October 28th. Ethereum has a market capitalization of $303.90 billion and approximately $13.56 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be purchased for approximately $2,524.01 or 0.03664530 BTC on major exchanges. Over the last week, Ethereum has traded 6.1% lower against the dollar.

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

• Cardano (ADA) traded 0.7% higher against the dollar and now trades at $0.34 or 0.00000493 BTC.
• Avalanche (AVAX) traded 2% higher against the dollar and now trades at $26.19 or 0.00038019 BTC.
• NEAR Protocol (NEAR) traded down 0.8% against the dollar and now trades at $4.22 or 0.00006127 BTC.
• Uniswap (UNI) traded 0.9% higher against the dollar and now trades at $7.55 or 0.00010957 BTC.
• Internet Computer (ICP) traded down 1.1% against the dollar and now trades at $7.76 or 0.00011270 BTC.
• Cronos (CRO) traded 0.4% lower against the dollar and now trades at $0.0741 or 0.00000108 BTC.
• Hedera (HBAR) traded 0.2% lower against the dollar and now trades at $0.0488 or 0.00000071 BTC.
• Cosmos (ATOM) traded 1.1% higher against the dollar and now trades at $4.43 or 0.00006432 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $1.25 or 0.00001809 BTC.
• Algorand (ALGO) traded 0% lower against the dollar and now trades at $0.12 or 0.00000167 BTC.

Ethereum Profile

Ethereum (ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum’s total supply is 120,403,276 coins. 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. The official website for Ethereum is www.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.”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using U.S. dollars directly can do so using Changelly, Coinbase or GDAX.

ETH/USD price chart by TradingView