Ethereum

$2,290.40
-$9.31(-0.41%)Today
Market cap
275.87bn
Total volume (24h)
13.07bn
Volume / Market cap
0.0474
Circulating supply
120.69m
Day range (24h)
$2,263.65$2,303.04
All-time low
$0.433
All-time high
$4,946.05

About Ethereum (ETH)

Current ETH Price: $2,290.4 | 29 April 2026  | Market cap: $275,866,179,154.
What is ETH?
Ethereum is a decentralised blockchain network and the world's leading platform for digital smart contracts, conceived in 2013 and launched in 2015. Its native token, ETH (pronounced "Eee-th"), acts like fuel that powers the entire ecosystem.
What is a smart contract?
A smart contract is a digital agreement written in computer code that lives on a blockchain like Ethereum. It automatically does something when certain conditions are met. For example: If you send me 1 ETH, the smart contract instantly sends you a digital artwork (NFT). The code follows its programmed rules automatically, 24/7. No human involvement is needed.
Ethereum's network is a vast, secure, public ledger that records every transaction. Traditional smart contracts follow their original rules, and can't be changed once executed. Upgradable smart contracts can be updated for new features or bug fixes.
What is Ethereum known for?
Ethereum powers the world's largest DeFi economy with <> TVL across 100+ EVM Layer 2 networks (L2s) and thousands of EVM-compatible chains, delivering 100,000+ TPS total capacity. It pioneered smart contracts (2015) and hosts the most active global developer community (60%+ market share).
Real-world Ethereum ecosystem performance:
- Base layer: ~15 TPS, battle-tested security
- L2s: Fast transactions
- Ecosystem: Thousands of decentralised applications, $2T+ all-time volume processed
Recent & planned upgrades: Pectra (live May 2025), Fusaka (live Dec 2025), Glamsterdam (live by May 2026, with ePBS for MEV resistance), Hegota (live by 2026 with Verkle Trees for state growth).
How does DeFi impact the price of ETH?
Decentralised finance apps are one of Ethereum's top use cases today, and allow you to buy, sell, trade, and stake assets like ETH without intermediaries or banks. To start buying, selling, or trading ETH, all you have to do is connect to a leading crypto wallet like MetaMask.
DeFi is a global financial system, and an alternative to TradFi that is accessible to anyone with an internet connection, open 24/7 worldwide.

Price history

Today (29 April 2026)$2,290.40-0.41%
24 hours ago (28 April 2026)$2,299.75-0.41%
1 week ago (22 April 2026)$2,324.68-1.47%
1 month ago (30 March 2026)$1,983.19+15.49%
1 year ago (29 April 2025)$1,800.10+27.24%

Calculator

ETH market moves

AI summary for information only. Not financial advice.


24h change: -1.05%. From $2,311.70 to $2,287.34.

  • Bitmine acquired 101,901 ETH last week for about $236 million at current prices, elevating its total to over 5 million ETH or 4.21% of supply. This purchase from the Ethereum Foundation highlights ETH's appeal as a corporate treasury asset. Analyst Tom Lee promotes it as a wartime store of value amid market volatility.
  • Ethereum price is consolidating around $2,300 even as ETFs see strong flows and treasury buys like Bitmine's. Reports note a 4-day inflow streak for ETH ETFs. This divergence between fundamentals and price action draws attention ahead of potential macroeconomic events like Fed meetings.

24h change: -0.58%. From $2,333.32 to $2,319.85.

  • BitMine Immersion Technologies purchased over 101,000 ETH worth more than $230 million, nearing 5 million ETH holdings. SharpLink Gaming added 39,000 ETH to reach 837,000 ETH valued at $3.6 billion. The Ethereum Foundation sold 10,000 ETH to BitMine, reflecting growing corporate interest in ETH as a reserve asset.
  • Ethereum's next upgrades after 2025's Pectra and Fusaka include Glamsterdam in mid-2026 for parallel execution, gas expansion, and MEV improvements. Heze-Bogota or Hegotá follows later in the year to further enhance scalability. These changes aim to increase transaction capacity and network efficiency.

24h change: +2.32%. From $2,311.93 to $2,365.54.

  • Following the $292 million Kelp DAO exploit that left significant bad debt on Aave, several protocols have proposed contributions to a DeFi United recovery fund. Aave DAO proposes 25,000 ETH, Lido up to 2,500 staked ETH, and Mantle a 30,000 ETH loan. Aave, Kelp, and LayerZero request Arbitrum DAO to release $71 million in frozen exploiter ETH to aid rsETH backing restoration. This shows ecosystem collaboration to stabilize affected markets.
  • The Ethereum Foundation sold approximately 10,000 ETH worth $23.8-24 million to Bitmine Immersion Technologies in an OTC deal at around $2,387 per ETH. This follows a previous $11 million conversion to stablecoins for R&D funding. The sale occurs amid DeFi stress from the Kelp exploit.
  • Bitmine Immersion Technologies bought over 10,000 ETH from Ethereum Foundation and previously acquired 101,627 ETH worth $230 million. Staking now exceeds 70% of its 5 million ETH treasury, valued over $8 billion. This accumulation highlights institutional interest in ETH.

24h change: +2.51%. From $2,312.24 to $2,370.32.

  • Following the $292 million Kelp DAO exploit that left significant bad debt on Aave, several protocols have proposed contributions to a DeFi United recovery fund. Aave DAO proposes 25,000 ETH, Lido up to 2,500 staked ETH, and Mantle a 30,000 ETH loan. Aave, Kelp, and LayerZero request Arbitrum DAO to release $71 million in frozen exploiter ETH to aid rsETH backing restoration. This shows ecosystem collaboration to stabilize affected markets.
  • The Ethereum Foundation sold approximately 10,000 ETH worth $23.8-24 million to Bitmine Immersion Technologies in an OTC deal at around $2,387 per ETH. This follows a previous $11 million conversion to stablecoins for R&D funding. The sale occurs amid DeFi stress from the Kelp exploit.
  • Bitmine Immersion Technologies bought over 10,000 ETH from Ethereum Foundation and previously acquired 101,627 ETH worth $230 million. Staking now exceeds 70% of its 5 million ETH treasury, valued over $8 billion. This accumulation highlights institutional interest in ETH.

24h change: +2.36%. From $2,312.14 to $2,366.76.

  • Following the $292 million Kelp DAO exploit that left significant bad debt on Aave, several protocols have proposed contributions to a DeFi United recovery fund. Aave DAO proposes 25,000 ETH, Lido up to 2,500 staked ETH, and Mantle a 30,000 ETH loan. Aave, Kelp, and LayerZero request Arbitrum DAO to release $71 million in frozen exploiter ETH to aid rsETH backing restoration. This shows ecosystem collaboration to stabilize affected markets.
  • The Ethereum Foundation sold approximately 10,000 ETH worth $23.8-24 million to Bitmine Immersion Technologies in an OTC deal at around $2,387 per ETH. This follows a previous $11 million conversion to stablecoins for R&D funding. The sale occurs amid DeFi stress from the Kelp exploit.
  • Bitmine Immersion Technologies bought over 10,000 ETH from Ethereum Foundation and previously acquired 101,627 ETH worth $230 million. Staking now exceeds 70% of its 5 million ETH treasury, valued over $8 billion. This accumulation highlights institutional interest in ETH.

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ETH Sentiment

AI ETH updates powered by Brandwatch. Not financial advice. Last updated on 11 March 2026.

Bullish ETH indicators

ETH is participating in Bitcoin-led rallies, signaling cross-market demand. Bitcoin +2.1%, ETH +2.3% to $2,052.07 in recent coverage. (Source)
High trading liquidity supports execution and narrower spreads for ETH traders. 24h volume $20.16B equals about 8.1% of market cap $248.10B.

Bearish ETH indicators

ETH fell 4.89% to $1,978.74 in a broad risk-off move triggered by surging oil prices. Macro-driven selloffs have historically increased short-term volatility across crypto markets. (Source)
Strong dollar demand has pressured crypto, and coverage notes ether declines amid USD gains. ETH is down 0.91% 24h and down 1.61% 7d. (Source)

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