Ethereum ETH Price




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The chart shows the current Ether quotes in the ETH/USD° currency pair. On the Kanga exchange you can buy this cryptocurrency listed to stablecoin.





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*All Time High — historically the highest value.

The record indicates the price of cryptocurrency quoted in US dollars. Presenting the price in this manner does not confirm the availability of this pairing on the Kanga cryptocurrency exchange. On Kanga, you will find quotations for cryptocurrencies against USDT, a stablecoin pegged to the US dollar’s value.

Current Ethereum exchange rate. How do ETH quotes affect its price?

You can check the current ETH/USD exchange rate in the chart above. To find out what the ETH/PLN exchange rate is, just click the price button below. The rates are updated on a daily basis.

Current ETH price:


The quotation of Ethereum (ETH) is gaining more and more attention in the cryptocurrency market, and investors and traders often wonder how the price of this digital currency is calculated. How is the price of Ethereum calculated?

The current price of Ethereum depends on the balance between supply and demand on cryptocurrency exchanges. On the other hand, Ethereum quotes are presented in price charts, which provide information about the fluctuation of the value of ETH over a certain period of time. These charts are crucial. It is worth noting that the price of ETH is not set centrally, but is the result of negotiations between buyers and sellers on cryptocurrency exchanges. Various factors can affect the supply and demand for the cryptocurrency.

What is Ethereum?

Ethereum, which is bitcoin’s main competitor, ranks second on the list of the world’s most popular cryptocurrencies. Ethereum’s history begins with its launch in 2015, and since then the exchange rate of ETH – the native currency of the Ethereum network – has seen a more than 1000-fold increase in value in its 8 years of existence (the ETH exchange rate was $0.5 for a time). With the prospect of replacing fiat currencies, Ethereum is playing a key role in the development of the dApps market and the DeFi sector worldwide.

Ethereum vs. ether

Now that we know what Ethereum is, it is worth highlighting at this point the difference between the two terms. The name Ethereum refers to a decentralized network that enables the creation and deployment of smart contracts (smart contracts) and decentralized applications (dApps). Ethereum is also the foundation for many other blockchain-based projects, particularly in the DeFi (decentralized finance) and NFT (non-fungible tokens) sectors.

Ether, on the other hand, is the native cryptocurrency of the Ethereum network. It is used as a means of exchanging value within the network and as a “fuel” (gas) for executing smart contract transactions and operations. Ether is also frequently used to invest, trade and speculate in cryptocurrency markets. This token is integral to the operation of the Ethereum network, as it powers virtually everything that happens on the platform.

What is Ethereum 2.0

Ethereum 2.0 is not a separate blockchain or a new cryptocurrency. Instead, it was a series of updates to the existing Ethereum blockchain. The primary goal of the update was to transition the network from proof-of-work (PoW) to proof-of-stake (PoS) and improve the overall performance and durability of the network.

Key differences between Ethereum and Ethereum 2.0

As mentioned earlier, the most significant difference between Ethereum and Ethereum 2.0 is the transition from Proof of Work to Proof of Stake protocol. PoS relies on validators to block a certain amount of Ether (ETH) to propose and validate new blocks, which is more energy efficient than PoW, which requires a lot of effort (computing power) to solve the problem and generate the reward. 

Ethereum 2.0 introduces shard chains, which are smaller chains that run in parallel to the main chain. This feature enhances the network’s ability to handle transactions and smart contracts, alleviating congestion and improving overall performance.

The upgrade is said to have increased the security of the network by attracting more validators through a PoS mechanism, which provides greater decentralization and reduces the risk of potential attacks.

What is Ethereum Shanghai?

The Ethereum blockchain has undergone significant changes in recent years, with Merge in September 2022 as a notable event that changed the consensus mechanism. Now the Ethereum community is looking forward to the next major update called “Shanghai,” which is scheduled to take place on April 12. This change, which has economic implications worldwide, is also referred to as the “Ethereum Shanghai fork.”

The Shanghai update includes the implementation of five Ethereum enhancement proposals. EIP-4895 will likely be the most significant, as it will allow for the withdrawal of staked Ethereum (ETH). This feature has been eagerly awaited by the Ethereum community, as staked Ether has been blocked since the advent of the staking market about two years ago.

What is a smart contract on the Ethereum network?

A smart contract is a “self-executing” contract with contract terms written directly in the code. Smart contracts run on the Ethereum blockchain, enabling secure, trust-free and decentralized transactions.

Unlike traditional contracts, smart contracts do not require intermediaries such as lawyers or notaries, as they are automated and based on logical conditions. As a result, they can significantly reduce costs and increase transaction efficiency.

Smart contracts on the Ethereum network use Ether (ETH) cryptocurrency as the fuel to perform transactions and operations, called “gas.” Users must pay a fee for “gas” in order to launch or interact with a smart contract.

Who created Ethereum (ETH)?

The story of Ethereum begins in 2013, when a young programmer named Vitalik Buterin published a document called “Ethereum Whitepaper,” which laid out the basics and vision of the Ethereum platform. The project was officially launched on July 30, 2015, after successful fundraising. Other co-founders and key contributors to Ethereum’s development include Charles Hoskinson, Gavin Wood, Joseph Lubin and Anthony Di Iorio.

Practical applications of Ethereum (ETH)

Ethereum differs from other cryptocurrencies because of its practical applications. The platform enables the creation of decentralized applications (dApps) and smart contracts, which attracts investors and technology innovators to use the network.

DApps are open-source blockchain-based applications that use smart contracts as code scripts. They run in an Ethereum Virtual Machine (EVM) environment, enabling the creation of secure, decentralized services.

Value and and prospects for Ethereum

Determining the exact value of cryptocurrencies is extremely difficult. Many analysts resort to studying the number of transactions, the number of projects and the number of users of the network to determine the fair value of a given project.

The price of ETH, and thus its value, is based on its utility in the Ethereum ecosystem, as well as its role as a digital currency and store of value. With the development of the platform and the emergence of more applications, demand for ETH is expected to steadily increase, and with it the price of Ethereum.

With its practical applications, Ethereum is not only attracting investors, but also influencing the development of the dApps market and the global DeFi sector. As a result, the price of ETH is closely linked to the growth of the cryptocurrency’s utility and popularity. 

Is the number of ethereum (ETH) predetermined ?

Unlike bitcoin, which has a fixed supply limit of 21 million tokens, the ETH cryptocurrency has no such restrictions. However, with the introduction of Ethereum 2.0 and its transition from the Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS), the rate of issuance of new ETH is expected to have decreased by more than 90%, leading to a more balanced and predictable supply of this cryptocurrency. 

According to data provided by ethereum.org, stakers are gaining close to 1,700 ETH per day by locking up about 14 million tokens. In contrast, in the previous protocol, the number was considerably higher and miners were able to “dig up” as much as 13,000 ETH per day. 

Why is it important to analyze the ethereum chart?

Technical analysis, or in other words chart analysis, is one of the basic tools that professional traders and investors use to identify trends and predict future price movements.

The Ethereum chart, for example, can prove helpful in identifying potential support and resistance levels, allowing traders to get a better idea of the current market situation. In addition, the ETH chart allows you to analyze factors such as price, volume and even market sentiment. It can also be used for comparative analysis with other instruments, such as the dollar, bitcoin, or Nasdaq.

What determines the fluctuation of the ethereum price?

Ether, or ETH cryptocurrency – the second most valuable token in terms of market capitalization – has experienced remarkable growth in recent years. The price of ETH has risen by more than 260000% since the 2015 bottom (set shortly after its debut), while counting since its debut it has risen by about 100000%. It is because of such huge increases that the ETH chart resembles a parabola in the long term.

Unlike traditional stocks, Ethereum has no revenues, earnings or formal balance sheet, making it difficult to determine its intrinsic value. However, digital assets still have value due to their essential role in facilitating transactions, as is the case with Ethereum.

The price of ETH is determined by several factors:

  • Usability and adoption
  • Market sentiment
  • Competing platforms
  • Regulatory environment
  • Network upgrades

From the perspective of a Polish investor, investing in cryptocurrencies including ethereum is a bit more difficult, as you still have to take into account the exchange rate of the zloty in your investments. To make it easier, you can check the value of your investments by quoting ethereum PLN, or ETH/PLN.

Is it necessary to buy all of ethereum?

Unlike traditional currencies such as the U.S. dollar or the Polish zloty, which are only divisible by 100, cryptocurrencies are made up of much smaller units. 

For example, one Ether is equal to 1,000,000,000,000,000,000,000,000,000 wei (10^18), making one wei a quintillionth of an Ether. This incredibly small unit allows for precise transactions and interactions on the Ethereum network, demonstrating the immense flexibility of cryptocurrencies.

Check the current ETH exchange rate and find out what you need to do to buy ether or other cryptocurrencies

FAQ – ETH exchange rate

How much does 1 ethereum cost?

The current price of ethereum, the native cryptocurrency of the blockchain ethereum, is a loader of PLN. Over the past 24 hours, it has changed by loader, and the trading volume amounted to loader. In contrast, the ethereum (ETH/USDT) exchange rate is currently at loader tether.

What is the market capitalization of ethereum?

Since the beginning of 2023, the capitalization of ethereum has been oscillating around one trillion dollars. However, this value fluctuates constantly, as the ETH exchange rate fluctuates constantly and the number of tokens increases steadily. To calculate this value, look at how much ethereum costs and multiply this number by the amount of ETH.

What other cryptocurrencies are similar to ethereum?

In recent years, cryptocurrencies have emerged on the market as competing tokens to ethereum, aiming to offer similar functionality to dApps and smart contracts. These include Cardano (ADA), Polkadot (DOT), Binance Smart Chain (BSC) and Solana (SOL).

Can I buy ethereum on Kanga Exchange?

Yes, you can buy ethereum on Kanga Exchange. The exchange supports trading in ETH/PLN, ETH/USDC, ETH/USDT and ETH/EUR pairs. 

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