Ethereum (ETH) Tops 24-Hour Volume of $10.96 Billion

Ethereum (ETH) traded up 2% against the US dollar during the 1 day period ending at 9:00 AM ET on May 26th. Over the last seven days, Ethereum has traded up 23.5% against the US dollar. One Ethereum coin can now be purchased for about $3,801.78 or 0.05508685 BTC on major exchanges. Ethereum has a total market capitalization of $456.73 billion and approximately $10.96 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 0.4% against the dollar and now trades at $0.46 or 0.00000665 BTC.
• Avalanche (AVAX) traded 2.4% lower against the dollar and now trades at $37.02 or 0.00053648 BTC.
• NEAR Protocol (NEAR) traded down 0.8% against the dollar and now trades at $7.98 or 0.00011567 BTC.
• Uniswap (UNI) traded up 6% against the dollar and now trades at $11.43 or 0.00016562 BTC.
• Internet Computer (ICP) traded 0.7% lower against the dollar and now trades at $12.14 or 0.00017598 BTC.
• Hedera (HBAR) traded down 1.6% against the dollar and now trades at $0.11 or 0.00000154 BTC.
• Cosmos (ATOM) traded 1.2% lower against the dollar and now trades at $8.35 or 0.00012105 BTC.
• Cronos (CRO) traded down 1.4% against the dollar and now trades at $0.12 or 0.00000173 BTC.
• Fetch.ai (FET) traded down 2.3% against the dollar and now trades at $2.25 or 0.00003256 BTC.
• Algorand (ALGO) traded 1.3% lower against the dollar and now trades at $0.19 or 0.00000274 BTC.

Ethereum Coin Profile

Ethereum (ETH) 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 120,134,874 coins. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official message board is forum.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 US dollars directly can do so using Changelly, Gemini or GDAX.

ETH/USD price chart by TradingView