Ethereum Achieves Market Cap of $315.96 Billion (ETH)

Ethereum (ETH) traded up 1.3% against the US dollar during the 24-hour period ending at 22:00 PM Eastern on September 26th. One Ethereum coin can currently be purchased for approximately $2,625.03 or 0.04031660 BTC on cryptocurrency exchanges. Over the last seven days, Ethereum has traded up 7% against the US dollar. Ethereum has a market capitalization of $315.96 billion and approximately $16.63 billion worth of Ethereum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Cardano (ADA) traded 6% higher against the dollar and now trades at $0.41 or 0.00000625 BTC.
• Avalanche (AVAX) traded 6.5% higher against the dollar and now trades at $29.13 or 0.00044742 BTC.
• NEAR Protocol (NEAR) traded 4.2% higher against the dollar and now trades at $5.51 or 0.00008467 BTC.
• Internet Computer (ICP) traded up 3% against the dollar and now trades at $9.40 or 0.00014444 BTC.
• Uniswap (UNI) traded 8.3% higher against the dollar and now trades at $7.36 or 0.00011311 BTC.
• Hedera (HBAR) traded 6.3% higher against the dollar and now trades at $0.0614 or 0.00000094 BTC.
• Cronos (CRO) traded up 2.1% against the dollar and now trades at $0.0868 or 0.00000133 BTC.
• Cosmos (ATOM) traded up 5.6% against the dollar and now trades at $5.04 or 0.00007747 BTC.
• Fetch.ai (FET) traded up 2.2% against the dollar and now trades at $1.66 or 0.00002553 BTC.
• Algorand (ALGO) traded 6% higher against the dollar and now trades at $0.14 or 0.00000221 BTC.

Ethereum Coin Profile

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,363,208 coins. The official message board for Ethereum 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. 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 acquire Ethereum using U.S. dollars directly can do so using Gemini, Changelly or Coinbase.

ETH/USD price chart by TradingView