Ethereum Price Today: ETH to USD Live Chart
Live Ethereum (ETH) price in US dollars, with market cap, volume, an interactive chart and a plain-English guide to what moves the price.
Ethereum live market data
- Market cap
- $244.56B Rank #2
- 24h trading volume
- $10.66B Across all markets
- Circulating supply
- 122.21M ETH No fixed maximum reported
- All-time high
- $4,946.05 Aug 24, 2025
- 24h high
- $2,097.43 Last 24 hours
- 24h low
- $1,997.14 Last 24 hours
- 7 day change
- -16.00% Versus 7 days ago
- 30 day change
- -19.73% Versus 30 days ago
Ethereum price chart (ETH/USD)
What is Ethereum (ETH)?
Ethereum is a blockchain that can run programs called smart contracts. Developers use it to build lending platforms, exchanges, games, stablecoins and tokenized assets that anyone can use without a middleman. Ether (ETH) is the currency used to pay for all of that activity.
Every action on the network costs a fee, called gas, which is paid in ETH. Since 2022 the network is secured by staking instead of mining: validators lock up ETH and earn rewards for processing transactions honestly.
Much of the activity has moved to layer 2 networks such as Arbitrum, Optimism and Base. They bundle many transactions and settle them on Ethereum, which keeps fees lower while still relying on its security.
Key facts
| Ticker | ETH |
| Launched | July 2015 |
| Founder | Vitalik Buterin and co-founders |
| Consensus | Proof of stake since September 2022 |
| Supply | No fixed maximum; fee burning offsets new issuance |
| Block time | About 12 seconds |
| Validator stake | 32 ETH |
| Main use | Smart contracts, DeFi, tokens and layer 2 networks |
What moves the Ethereum price?
ETFs and institutional demand
US spot Ethereum ETFs began trading in July 2024. Some also offer staking, and corporate treasuries holding ETH have become a new source of demand.
Network upgrades
Upgrades such as Dencun in 2024 and Pectra in 2025 cut costs for layer 2 networks and improved staking. Roadmap news often moves the price.
DeFi, stablecoins and tokenization
Most stablecoins and a large share of tokenized assets live on Ethereum. More value on the network means more demand for ETH as fuel.
Supply and burning
Since 2021 part of every fee is burned. When activity is high, more ETH is destroyed than created. When activity is low, supply grows slightly.
Bitcoin and the wider market
ETH usually moves with Bitcoin but with larger swings. The ETH/BTC ratio shows whether traders prefer Ethereum or Bitcoin at the moment.
Ethereum price history: key moments
| Year | What happened | Why it mattered |
|---|---|---|
| 2014 | Public token sale | Ether was sold to fund development before the network existed. |
| 2015 | Mainnet launches | The first version of Ethereum went live on July 30. |
| 2016 | The DAO hack and hard fork | A split created Ethereum and Ethereum Classic. |
| 2017 | ICO boom | Thousands of tokens launched on Ethereum, pushing ETH to its first big peak. |
| 2020 | DeFi summer | Lending and trading apps grew quickly and locked billions in smart contracts. |
| 2022 | The Merge | Ethereum switched from mining to proof of stake and cut its energy use sharply. |
| 2024 | Spot ETFs and Dencun | US ETFs started trading and layer 2 fees dropped. |
How to buy Ethereum
Choose a regulated exchange
Pick a platform that is licensed where you live and lists ETH. Compare trading fees, deposit methods and withdrawal limits.
Verify your account
Complete the identity checks and turn on two-factor authentication.
Deposit funds
Add money by bank transfer, card or another supported method. Card payments are quick but usually cost more.
Buy ETH
A market order buys at the current price. A limit order waits until ETH reaches a price you choose.
Decide where to keep it
You can leave ETH on the exchange for convenience or move it to a wallet you control. Never share your seed phrase.
Risks to understand before buying Ethereum
Ethereum is volatile. Prices can move double digits within days, and long drawdowns are common in crypto. Only invest money you can afford to lose.
Exchanges and wallets can be hacked, frozen or shut down, so avoid keeping everything on one platform. Rules for crypto assets also differ by country and keep changing.
Ethereum price FAQ
The live Ethereum price in US dollars is at the top of this page and refreshes every minute.
Common causes are ETF flows, Bitcoin moves, network upgrade news and activity in DeFi. Recent Ethereum stories are listed further down.
Ethereum is the network. ETH, or ether, is its native currency, used to pay fees and to stake.
No. ETH has no fixed cap. New ETH is issued to validators, while part of each fee is burned, so supply can rise or fall.
Yes. You can run a validator with 32 ETH or use a staking service or liquid staking token with smaller amounts. Rewards vary and there are risks, including slashing and smart contract bugs.
The current all-time high and its date are shown in the live market data above and update automatically.
Nobody can promise that. Ethereum has the largest smart contract ecosystem, but its price is volatile and competition is strong. Do your own research and consider a licensed financial adviser.
Learn more about Ethereum
Latest Ethereum news
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Content last reviewed November 12, 2026. This page is for information only and is not financial advice. Crypto assets are volatile and you can lose all the money you put in. Prices come from third-party data providers and may differ from the price on a particular exchange.