Ethereum is a programmable blockchain that enables developers to build and deploy decentralized applications (dApps) and smart contracts. Its native cryptocurrency is Ether (ETH). As a Turing-complete platform, it can execute complex code and has become the second-largest cryptocurrency by market capitalization, behind Bitcoin.

A Brief History of Ethereum

Ethereum was first proposed in a 2013 white paper by Vitalik Buterin, who envisioned a platform that could do more than just facilitate digital currency transactions. After a successful initial coin offering (ICO) in 2014, the Ethereum blockchain officially launched in 2015.

A significant event in Ethereum's history was the "Merge," a major upgrade that took place in 2022. This transition shifted the network's consensus mechanism from a energy-intensive Proof of Work (PoW) model to a more efficient Proof of Stake (PoS) model. This change was aimed at improving the network's scalability, security, and sustainability.

How Ethereum Works

Ethereum introduced the concept of a smart contract platform. These are self-executing contracts with the terms of the agreement directly written into lines of code. They run on the blockchain, so they are transparent, immutable, and don't require a third party to enforce the terms. Users pay a network fee, known as gas, in Ether to execute these smart contracts and other transactions.

Additionally, the Ethereum blockchain can host other cryptocurrencies, known as tokens, which are created using its ERC20 compatibility standard.

What is Ethereum Used For?

Ethereum's native currency, Ether (ETH), is used to pay transaction fees on the network. However, the platform's utility extends far beyond just a currency. Developers use Ethereum to create and run decentralized applications (dApps) and issue new crypto assets. The platform has fostered a vast ecosystem of use cases, including:

- Decentralized Finance (DeFi): Financial applications like lending, borrowing, and trading without intermediaries.

- Non-Fungible Tokens (NFTs): Unique digital assets used for art, collectibles, and gaming.

- Play-to-Earn Gaming: Games that allow players to earn crypto or NFTs through gameplay.

- Decentralized Autonomous Organizations (DAOs): Organizations run by code and governed by token holders.

Learn more about Ethereum's history, key characteristics and tokenomics.

Coin	Price	24H change	Market cap
Ethereum ETH	$2.77M	+0.52%	10.43T
Tether USDT USDT	$1,027	+0.02%	5.834T
BNB BNB	$795,130	-0.18%	3.286T
USD Coin USDC	$1,017	0.00%	2.392T
TRON TRX	$340	-0.72%	1.018T
Chainlink LINK	$14,337	+4.46%	332.2B
Wrapped Bitcoin WBTC	$85.77M	-0.45%	311.2B
USDS USDS	$1,030	+0.59%	309.5B
UNUS SED LEO LEO	$8,867	-1.53%	257.1B
Uniswap UNI	$9,926	+5.53%	190.3B
Gram GRAM	$1,492	+2.68%	129.9B
Shiba Inu SHIB	$0.006221	+2.67%	111.6B
PayPal USD PYUSD	$1,021	0.00%	88.63B
ENA ENA	$277	+19.93%	86.72B
ONDO ONDO	$575	+4.81%	85.04B
Tether Gold XAUT	$4.39M	+0.54%	84.7B
OKB OKB	$122,218	+1.03%	80.89B
Aave AAVE	$157,993	+4.12%	75.3B
Polkadot DOT	$1,247	+4.20%	65.56B
PAX Gold PAXG	$4.39M	-0.04%	59.11B
Pepe PEPE	$0.004716	+1.12%	59.03B
Worldcoin WLD	$524	+15.13%	59.98B
Sky SKY	$79	+3.66%	57.15B
Arbitrum ARB	$235	+4.71%	48.93B
Morpho MORPHO	$2,801	-4.12%	45.77B
Polygon Ecosystem Token POL	$122	+6.40%	39.32B
Lighter LIGHTER	$5,029	-4.88%	38.57B
Quant QNT	$102,370	+10.52%	37.91B
Render RENDER	$2,012	+2.33%	32.05B
Cosmos ATOM	$1,855	+0.87%	30.34B
PancakeSwap CAKE	$2,858	+0.87%	28.14B
Injective INJ	$8,400	+2.09%	25.98B
ether.fi ETHFI	$738	+5.43%	22.03B
LayerZero ZRO	$1,682	+13.52%	19.57B
Artificial Superintelligence Alliance FET	$254	+5.20%	18B
Curve DAO Token CRV	$369	+3.21%	17.74B
Virtual VIRTUAL	$846	+7.42%	16.69B
EURC EURC	$1,169	-0.43%	14.64B
Pendle PENDLE	$2,673	-1.02%	14.15B
SPX6900 SPX	$487	+6.83%	13.71B
Lido DAO LDO	$509	+12.17%	12.91B
Bonk BONK	$0.0039	-3.84%	10.43B
Immutable IMX	$167	+4.76%	10.25B
Luna Classic LUNC	$0.05697	-1.01%	9.8B
The Graph GRT	$29	+7.28%	9.816B
Gnosis GNO	$118,116	+0.10%	9.611B
Ethereum Name Service ENS	$7,375	-0.23%	9.588B
Starknet STRK	$43	+5.08%	9.636B
FLOKI FLOKI	$0.03036	+1.30%	8.722B
EigenLayer EIGEN	$274	+10.47%	7.776B
Compound COMP	$24,799	+1.07%	7.667B
JasmyCoin JASMY	$5	+5.86%	7.373B
Axie Infinity AXS	$1,234	+10.07%	6.664B
Convex Finance CVX	$2,150	-0.94%	6.567B
OriginTrail TRAC	$405	+2.23%	5.913B
Decentraland MANA	$96	+5.32%	5.863B
Chiliz CHZ	$17	+2.06%	5.612B
Sentient SENT	$24	+12.16%	5.543B
AIOZ Network AIOZ	$130	+2.35%	5.053B
Telcoin TEL	$2	-0.83%	5.024B
Humanity Protocol H	$92	+22.37%	4.99B
ApeCoin APE	$162	+3.55%	4.963B
SafePal SFP	$315	+1.58%	4.884B
1inch Network 1INCH	$107	+2.91%	4.633B
zkSync ZK	$13	+6.07%	4.502B
Basic Attention Token BAT	$95	+1.00%	4.37B
The Sandbox SAND	$47	+4.46%	4.224B
Golem GLM	$133	+1.71%	4.101B
Plume PLUME	$20	+4.47%	4.02B
Aethir ATH	$7	+5.14%	4.023B
SuperVerse SUPER	$190	+4.63%	3.731B
Reserve Rights RSR	$2	+4.37%	3.585B
Gala GALA	$2	+8.09%	3.474B
Beam BEAMX	$2	+5.62%	3.503B
0x Protocol ZRX	$131	+3.91%	3.416B
Centrifuge CFG	$163	+5.75%	2.953B
Redstone RED	$180	+8.22%	2.881B
Safe SAFE	$120	+2.88%	2.859B
Synthetix SNX	$270	+1.39%	2.862B
yearn.finance YFI	$2.57M	+2.40%	2.839B
ZetaChain ZETA	$57	+8.36%	2.795B
CoW Protocol COW	$158	+4.98%	2.777B
Livepeer LPT	$1,791	+5.83%	2.735B
Rootstock Infrastructure Framework RIF	$90	-3.34%	2.845B
FTX Token FTT	$266	+0.99%	2.76B
Lisk LSK	$334	-13.49%	2.591B
Wormhole W	$13	+8.68%	2.562B
Holo HOT	$0.4689	+3.96%	2.52B
SushiSwap SUSHI	$275	+3.45%	2.439B
Re RE	$494	+2.40%	2.425B
Spark SPK	$25	+13.19%	2.352B
Kava KAVA	$71	-2.47%	2.361B
Turbo TURBO	$1	+0.30%	2.347B
Numeraire NMR	$10,081	+1.77%	2.346B
Zilliqa ZIL	$5	+1.39%	2.456B
Oasis ROSE	$9	+9.33%	2.209B
Axelar AXL	$56	+3.24%	2.116B
Astar ASTR	$8	+4.76%	2.087B
Gravity G	$6	+2.13%	2.045B
CTC CTC	$120	+1.91%	2.033B
Alchemy Pay ACH	$6	+1.28%	2.011B
Threshold T	$6	-0.35%	1.969B
Blur BLUR	$22	+5.99%	1.95B
SPACE ID ID	$39	+2.36%	1.924B
AltLayer ALT	$8	+3.58%	1.889B
Enjin Coin ENJ	$31	+6.33%	1.899B
Ontology ONT	$63	+4.06%	1.907B
Aurora AURORA	$84	-13.94%	1.863B
Tellor TRB	$20,947	-0.39%	1.811B
Venus XVS	$3,430	+1.03%	1.74B
Flow FLOW	$32	-2.73%	1.686B
Ankr ANKR	$5	+2.05%	1.608B
Espresso ESP	$101	+0.92%	1.612B
XYO XYO	$4	+3.07%	1.592B
COTI COTI	$17	+0.52%	1.581B
MOG Coin MOG	$0.0001332	-2.04%	1.553B
Rocket Pool RPL	$2,214	+9.04%	1.548B
Mask Network MASK	$491	+0.64%	1.506B
VVS Finance VVS	$0.001138	+5.32%	1.489B
Succinct PROVE	$242	+1.29%	1.462B
Request REQ	$60	+2.12%	1.446B
Amp AMP	$0.5256	-0.43%	1.442B
Synapse SYN	$198	-9.65%	1.383B
ETHGas GWEI	$25	-0.60%	1.325B
Band Protocol BAND	$233	+2.32%	1.303B
Powerledger POWR	$75	+5.31%	1.301B
UMA UMA	$428	+0.79%	1.215B
Bancor BNT	$359	+2.03%	1.121B
Euler Finance EUL	$1,505	+2.42%	1.109B
IoTeX IOTX	$4	-0.07%	1.099B
Vana VANA	$1,191	+0.48%	1.105B
Blast BLAST	$0.5491	-4.15%	1.079B
Dogelon Mars ELON	$0.00003449	-0.09%	1.055B
Orbs ORBS	$8	+1.73%	1.049B
Hyperlane HYPER	$78	-1.32%	1.039B
Arkham ARKM	$144	+8.82%	990.9M
Civic CVC	$32	+5.50%	1.011B
iExec RLC RLC	$368	+5.76%	975M
Kyber Network Crystal v2 KNC	$152	+1.07%	975M
Osmosis OSMO	$39	+1.59%	953.5M
Flux FLUX	$73	+1.84%	935M
Illuvium ILV	$4,036	+3.47%	920M
SKALE SKL	$5	-0.38%	906.9M
Cartesi CTSI	$31	+1.34%	903.5M
Frax FRAX	$316	+0.52%	901.9M
WAX WAXP	$7	+12.75%	944.7M
Gensyn AIGENSYN	$22	+4.41%	893.9M
Metis METIS	$3,592	-2.06%	862.5M
IQ IQ	$1	+1.05%	845.1M
Degen DEGEN	$1	-0.38%	827.3M
Smooth Love Potion SLP	$0.7323	+2.69%	817.9M
Big Time BIGTIME	$9	+2.79%	800.6M
WOO Network WOO	$14	+4.65%	804M
Celer Network CELR	$3	+4.62%	789.9M
Aevo AEVO	$28	+4.04%	785.6M
API3 API3	$290	+3.75%	771.5M
aixbt by Virtuals AIXBT	$25	+6.67%	769.3M
Liquity LQTY	$251	+3.47%	746M
Brevis BREV	$93	+4.54%	731M
Biconomy BICO	$24	+1.69%	726.1M
Pocket Network POKT	$10	+0.45%	687.9M
Chromia CHR	$23	+2.84%	678.5M
Adventure Gold AGLD	$235	+4.01%	668.8M
Pixels PIXEL	$6	+5.00%	660.4M
Audius AUDIO	$15	+2.30%	657.6M
WalletConnect Token WCT	$45	+3.22%	627.4M
DIA DIA	$166	+7.24%	611.9M
Animecoin ANIME	$4	+1.82%	609.1M
Spell Token SPELL	$0.1016	+4.82%	598.3M
Stargate Finance STG	$143	+10.05%	598.6M
DODO DODO	$19	+0.19%	585.8M
ARPA ARPA	$12	+1.86%	550.8M
MAGIC MAGIC	$52	+2.17%	543.7M
Katana KAT	$5	+2.37%	540M
Orderly ORDER	$43	+4.01%	535.4M
Banana Gun BANANA	$4,276	+1.84%	525.2M
Coin98 C98	$17	+1.85%	522.2M
Based BASED	$72	+3.07%	515.9M
Epic Chain EPIC	$500	-5.45%	512.9M
Hemi HEMI	$7	+1.75%	513.9M
ICON ICX	$15	+3.68%	513.3M
MyNeighborAlice ALICE	$167	+5.41%	509.7M
Lumia LUMIA	$89	+1.80%	504.4M
KernelDAO KERNEL	$57	+2.07%	502.1M
Metadium META	$9	+2.66%	506.1M
Radworks RAD	$262	+1.61%	471.5M
Origin Protocol OGN	$22	+6.65%	455.5M
Fluent BLEND	$71	+1.90%	445.6M
Storj STORJ	$33	-0.43%	433.6M
SuperRare RARE	$16	+20.35%	403.9M
Space and Time SXT	$10	-0.34%	418.8M
XSGD XSGD	$799	+0.21%	410M
Bone ShibaSwap BONE	$54	-1.81%	373.1M
Heima HEI	$148	-0.68%	372M
Gods Unchained GODS	$26	+3.44%	358.1M
Boba Network BOBA	$22	-0.47%	331.2M
Artificial Liquid Intelligence ALI	$1	-1.95%	332.6M
Caldera ERA	$73	+2.63%	332M
Stader SD	$134	+1.63%	292.5M
Heroes of Mavia MAVIA	$36	+0.58%	274.4M
Echelon Prime PRIME	$252	+1.29%	266.7M
Elastos ELA	$402	+2.64%	258.3M
Gitcoin GTC	$96	+6.62%	257.2M
Sophon SOPH	$4	-0.28%	242.6M
Quickswap [New] QUICK	$12	+16.26%	236.5M
Zircuit ZRC	$1	-1.77%	237.1M
Unibright UBT	$47	+8.90%	222.9M
Splintershards SPS	$4	+4.22%	210.4M
Sperax SPA	$3	-1.94%	206M
Harvest Finance FARM	$9,939	+38.56%	197.5M
Nomina NOM	$2	+1.03%	200.9M
House Party Protocol HPP	$7	+1.69%	192.4M
Grove Finance GROVE	$8	+0.45%	136.2M
Oraichain ORAI	$506	+3.85%	191.2M
Layer3 L3	$3	+2.57%	187.3M
LUKSO LYX	$210	+3.85%	183.4M
Milady Meme Coin LADYS	$0.00000806	-0.52%	180.4M
Chainflip FLIP	$344	-0.26%	179.4M
Kryll KRL	$142	+0.40%	178.4M
Polyhedra Network ZKJ	$7	0.00%	175.2M
LimeWire LMWR	$11	+1.66%	173.1M
TrustSwap SWAP	$47	+0.80%	146.8M
Vara Network VARA	$0.9068	+41.91%	146.7M
RSS3 RSS3	$5	+10.74%	132.9M
Aavegotchi GHST	$69	-2.93%	111.8M
Boson Protocol BOSON	$21	+2.53%	105.5M
CLV CLV	$2	+0.90%	92.91M
MATH MATH	$26	+2.75%	92.36M
Rarible RARI	$127	-9.21%	75.45M
KARRAT KARRAT	$2	-2.07%	68.63M
Numbers Protocol NUM	$3	+2.84%	64.67M
Covalent X Token CXT	$2	-5.71%	53.26M
elizaOS ELIZAOS	$0.1734	+2.54%	50.31M
Verasity VRA	$0.01784	-4.69%	49.68M
Rai Reflex Index RAI	$3,046	-0.11%	48.18M
Reactive Network REACT	$4	+0.16%	38.52M
Cream Finance CREAM	$463	-0.24%	27.09M
Viction TOMO	$5	+0.24%	19.1M
VAIOT VAI	$1	+0.96%	14.37M
Minted MTD	$2	+4.68%	13.36M
zkRace ZERC	$3	+1.91%	10.58M
bitsCrunch BCUT	$0.5223	+0.20%	9.938M
Streamr DATA	$0.2328	-5.41%	9.267M
Arena-Z A2Z	$0.0297	+0.23%	8.687M
Eclipse ES	$1	-5.28%	4.988M
Spectral SPEC	$8	-5.84%	3.394M
StormX STMX	$0.01115	-18.85%	4.342M
Ferro FER	$0.06298	+3.79%	1.851M

Ethereum Ecosystem

Coins