Ethereum Price

$3,566.65 +4.059%
Market cap$428,741,584,182.40
Volume (24h)$14,633,870,945.17
Highest price (24h)$3,571.38
Circulating supply120,133,141.737 ETH

What is Ethereum?

Ethereum is a community-driven software that features smart contract functionalities and helps developers build decentralized applications. It is the second largest cryptocurrency by marketcap and by far the most active blockchain in the crypto industry. Similar to Bitcoin, Ethereum hosts a native token (ETH), which can be used to exchange value and fuel the platform’s activities.

Apart from acting as a foundation for new cryptocurrency projects, Ethereum is also empowering DeFi (Decentralized Finance). The growth of DeFi products is still at its early stages, but is expected to experience a massive surge of interest, making Ethereum ever more important in the coming years.

You can buy Ethereum on Paybis.

How to read the Ethereum price chart on Paybis?

Reading the Ethereum price chart is fairly straightforward. Here's a breakdown of how you can navigate the Paybis ETH price chart:

The Paybis ETH value chart is typically displayed as a line graph, with the y-axis representing the price of ETH in USD, and the x-axis representing time.

The line graph tracks the change in the current ETH price over the designated time period. Depending on your preference, you can choose to view the price changes over a variety of time scales, such as daily, weekly, monthly, or yearly. 

It's worth noting that Ethereum's price can be influenced by numerous factors, including market demand, investor sentiment, technological developments within the Ethereum network, and broader economic trends.

Therefore, while charts provide valuable data, they should be used in conjunction with other forms of research when making investment decisions.

How Ethereum works

Ethereum is often discussed in terms of its platform’s functionalities, and its native token. Each one has a different purpose:

  • The Ethereum network (blockchain) - By learning Ethereum’s native programming languages and understanding the fundamentals, developers use Ethereum to build decentralized products or cryptocurrencies for a broad range of industries.
  • The currency (ETH) - The token of the Ethereum network is known as ETH. Unlike Bitcoin, Ethereum does not have a limited supply, but introduces a certain number of new tokens into circulation each year. Since December 2020, the project migrated to a Proof-of-Stake (PoS) consensus model, offering recurring staking rewards.

Ethereum features

While the fundamental value of Ethereum is very strong, it is not the only factor that makes it worth considering. The project and its native token have many benefits that you should keep in mind.

  • Decreasing supply growth - Ethereum increases its supply by an average of 4% per year. The amount decreases each year, and the introduced supply is used to fuel the platform’s growth and development.
  • Established community - In its 5 years of existence, Ethereum has amassed a large community that believes in the future of its token and builds upon its blockchain. Since demand is the only factor driving the price of a cryptocurrency, this feature further increases the current Ethereum price.
  • Passive income opportunities - Users that hold more than 32 Ethereum in their private wallet qualify for staking rewards that range between 4% and 10% per year. The rewards come from transaction fees of the Ethereum network, and are thus subject to fluctuation. In recent times, popular trading platforms also offer the possibility to earn staking rewards by staking less than 32 ETH, through staking pools.
  • Parent blockchain for emerging trends - Since Ethereum is the underlying blockchain for most new crypto projects, it has become imperative for emerging industries. NFTs are a popular example. Over the past year, we saw an explosive growth in digital art being sold on the Ethereum blockchain, and the trend is expected to continue in the years to come.
  • Popularity - Ethereum claims the second place of the best cryptocurrencies by market cap. It is listed on most exchanges globally, and empowers decentralized trading platforms. It is thus easily recognizable, even by new investors.​​

Who invented Ethereum

Ethereum was invented by Vitalik Buterin, who co-founded the cryptocurrency in July 2015, along with Gavin Wood, Charles Hoskinson, and Anthony Di Iorio.

Buterin first explained the concept of Ethereum in an early version of the project’s whitepaper. According to him, Bitcoin needed a scripting language for application development. When he failed to gain support from the Bitcoin community, he proposed the development of Ethereum through the official whitepaper.

Ethereum price today

The price of Ethereum fluctuates massively as the crypto industry continues its rapid growth. For this reason, we developed the Ethereum price chart seen above, to help you track the ETH price in real time.

The Ethereum chart offers several filtering options, allowing you to adjust the timeframes, currency, and tracked data:

  • Track the Ethereum price as seen on three different exchanges
  • Check the performance of the Ethereum price today, or select any of the additional timeframes
  • Track the Ethereum price in USD or select another currency from a list of 45+ options
  • See the Ethereum price live, including many other features (marketcap, volume, high & low price, supply, etc.)

Ethereum price history

Here’s the Ethereum price history from 2015 to 2022.

  • 2015-2017: The price of ETH remained relatively low during this period, ranging between $0.70 and $21.
  • 2017: The price of ETH began to rise sharply in May 2017, reaching a high of $414 in June. This was driven by the overall bull market in cryptocurrencies, as well as the growing popularity of Ethereum's decentralized applications (DApps).
  • 2018: The price of ETH peaked at $1,418 in January 2018, before falling sharply as the broader crypto market crashed.
  • 2019-2020: The price of ETH remained relatively low during this period, ranging between $100 and $300.
  • 2021: The price of ETH began to rise sharply in 2021, reaching an all-time high of $4,865 in November. This was driven by a number of factors, including the growing popularity of DeFi and NFTs, as well as the anticipation of Ethereum's transition to proof-of-stake.
  • 2022: The price of ETH has declined since its all-time high in November 2021, but significantly higher than it was in 2017 or 2018.  

This Ethereum price history tracker lets you closely monitor ETH to USD price.

Factors influencing Ethereum price

Several factors drive the Ethereum prices, similar to other cryptocurrencies.

  • Market Demand: The primary driver of Ethereum's price is market demand. As more investors become interested in Ethereum, demand for the token increases, which raises its price. 
  • Blockchain Activity: The number of transactions and applications on the Ethereum blockchain also significantly influences its price. A high volume of activity indicates a thriving network which can lead to increased demand for ETH. 
  • Regulatory News: News about regulations can also impact Ethereum's price. For instance, if a major government were to restrict or even forbid the use of Ethereum, it would likely cause the price to fall.
  • Technological Developments: Any major updates or changes to Ethereum's platform can influence its price. For example, the recent update to Ethereum 2.0, which introduced staking and improved the platform's efficiency, has had a positive effect on the price of ETH.
  • Economic Factors: Broader economic factors, such as the health of the economy, inflation rates, and investor sentiment, can also impact Ethereum's price. During times of economic instability, investors may see Ethereum and other cryptocurrencies as a safe haven, which could drive up the price.

Use our current Ethereum value tracker to see the immediate change in price when something significant happens that can affect the price. Then you have the option to lock in the price for 15 minutes and complete your ETH purchase.


What's the price of Ethereum?

To see the current Ethereum price, check out the ETH price tracker at the top of this page. You can also see prices in different currencies like EUR, USD, GBP, and more.

How much is the Ethereum today?

The price of Ethereum right now changes constantly. Use the Ethereum calculator to accurately check the Ethereum value today.

What is the price of one Ethereum?

The price of one Ethereum keeps changing based on market activity. You can monitor the price of Ethereum with the Paybis ETH price chart.

How much will Ethereum reach in 2030?

There is no sure-fire way to predict the price of Ethereum in 2030. If the project continues to attract users and the ecosystem becomes larger, the price may increase. You can use the ETH price chart to check the Ethereum price history and make reasonable assumptions about its future. Note that past performance does not guarantee future returns.

Who has the most Ethereum?

Vitalik Buterin, a co-founder of Ethereum, is presumed to have the most ETH (approximately 240,000).

How much Ethereum is left?

Ethereum does not have a maximum supply cap. However, the rate of ETH production can go to negative if the network is being used actively; this is because every time a transaction happens on Ethereum, some ETH is burned (sent to an irretrievable address).

How many people own 1 Ethereum?

There are over 1.2 million unique wallet addresses that own at least 1 ETH. However, the number of unique individuals will be lower than the number of unique wallet addresses, and one person can own multiple wallets.

Will Ethereum reach $100,000? 

There are a number of factors that could affect the price of Ethereum in USD, including adoption, regulation, and competition. If Ethereum continues to be adopted by businesses and individuals, and if regulation is favorable, then it is possible that its price could reach $100,000 or more. However, if adoption is slow or regulation is unfavorable, then its price could be lower. Use Paybis’ ETH price tracker to keep an eye out for crucial ETH price levels.