Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering  was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment  at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.

The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

Ethereum (ETH) is a cryptocurrency. The current price of Ethereum is $2,041.358, with a 24-hour price change of -0.83%. The volume of Ethereum traded in the last 24 hours is $8,817,340,278.63, with a 24-hour volume change of -13.99%. The market cap of Ethereum is $245,453,366,418.31, with the market cap dominance of 17.23%, and the circulating supply is 120,240,235.58671872 ETH. 

Ethereum

Large Ethereum traders taking profits en masse, which could be problematic sign for investors

Ethereum (ETH): Time to Take Profit? Whales Cashing Out

Ethereum Classic  is a hard fork of Ethereum  that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications ). Its native token is ETC.

Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.

Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.

Ethereum Classic (ETC) is a cryptocurrency. The current price of Ethereum Classic is $18.65, with a 24-hour price change of -0.84%. The volume of Ethereum Classic traded in the last 24 hours is $210,763,436.43, with a 24-hour volume change of +21.03%. The market cap of Ethereum Classic is $2,690,983,407.19, and the circulating supply is 144,288,104.8382022 ETC. 

Ethereum Classic

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To find out even more about this project, check out our deep dive of WETH.

WETH (WETH) is a cryptocurrency. The current price of WETH is $2,043.94, with a 24-hour price change of -0.66%. The volume of WETH traded in the last 24 hours is $756,979,768.59, with a 24-hour volume change of -14.45%. 

WETH

The TVL on the newly launched Ethereum-based layer 2 network Blast has already closed in on Solana’s TVL after being live for just 10 days.

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Ethereum price loses its grip and slides down towards crucial support, raising concern over the upcoming rally

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When asked about the best-performing cryptos to jump into, Microsoft AI projected that Bitcoin (BTC), Ethereum (ETH), and Everlodge (ELDG) could provide

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In a series of tweets, John Deaton, a well-known pro-XRP lawyer, has raised serious allegations concerning potential conflicts of interest within the U.S.

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Horizon Blockchain Games' Sequence development platform has launched Builder, which is designed to make adding crypto and NFTs to games easier and faster.

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Earlier this month, artist Deafbeef revealed a collection of tokenized sculptures at a remote glacial boulder on a farm in rural southern Argentina. Here's how it all came together.

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