Ethereum Market Cap Reaches $321.43 Billion (ETH)

Ethereum (ETH) traded 1% lower against the U.S. dollar during the twenty-four hour period ending at 19:00 PM ET on August 14th. Over the last week, Ethereum has traded 13.7% higher against the U.S. dollar. One Ethereum coin can now be bought for about $2,672.45 or 0.04534747 BTC on major cryptocurrency exchanges. Ethereum has a market capitalization of $321.43 billion and approximately $15.88 billion worth of Ethereum was traded on exchanges in the last day.

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

• Cardano (ADA) traded down 1.2% against the dollar and now trades at $0.34 or 0.00000570 BTC.
• Avalanche (AVAX) traded 1.7% lower against the dollar and now trades at $21.04 or 0.00035694 BTC.
• NEAR Protocol (NEAR) traded 3.8% lower against the dollar and now trades at $4.16 or 0.00007062 BTC.
• Uniswap (UNI) traded 0.4% higher against the dollar and now trades at $6.38 or 0.00010821 BTC.
• Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $7.16 or 0.00012148 BTC.
• Cronos (CRO) traded 1.6% higher against the dollar and now trades at $0.0900 or 0.00000153 BTC.
• Hedera (HBAR) traded down 1.4% against the dollar and now trades at $0.0535 or 0.00000091 BTC.
• Cosmos (ATOM) traded 4.6% lower against the dollar and now trades at $4.78 or 0.00008115 BTC.
• Algorand (ALGO) traded 1% lower against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Fetch.ai (FET) traded 0.2% lower against the dollar and now trades at $0.88 or 0.00001487 BTC.

Ethereum Profile

Ethereum 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 120,274,778 coins. Ethereum’s official website is www.ethereum.org. Ethereum’s official message board is forum.ethereum.org. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here.

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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView