Ethereum

$2,455.67
$11.91(+0.48%)Today
Market cap
296.38B
Total volume (24h)
5.32B
Volume / Market cap
0.0179
Circulating supply
120.68M
Day range (24h)
$2,430.82$2,459.12
All-time low
$0.433
All-time high
$4,946.05

About Ethereum (ETH)

Current ETH Price: $2,455.67 | August 30, 2026  | Market cap: $296,380,342,729.

What is ETH?

Ethereum is a decentralized 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 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 decentralized applications, $2T+ all-time volume processed

Recent & planned upgrades: Pectra (live May 2025), Fusaka (live Dec 2025), Glamsterdam (live by mid 2026, with ePBS for MEV resistance), Hegota (live by 2026 with Verkle Trees for state growth).

How does DeFi impact the price of ETH?

Decentralized 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 (August 30, 2026)$2,455.67+0.48%
24 hours ago (August 29, 2026)$2,443.82+0.48%
1 week ago (August 23, 2026)$2,412.25+1.80%
1 month ago (July 31, 2026)$1,923.00+27.70%
1 year ago (August 30, 2025)$4,361.76-43.70%

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ETH market moves

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24h change: -2.69%. From $2,509.95 to $2,442.41.

  • The Glamsterdam upgrade scheduled for late 2026 includes EIP-8037 and EIP-8038 to increase and separate costs for creating new accounts, storage slots and bytecode. These changes align gas prices more closely with actual resource consumption to support roughly three times higher base layer throughput without overburdening nodes. Historical transaction replays identified that while the large majority of contracts and transactions are unaffected, a small set relying on hardcoded gas assumptions or specific gasleft behavior may break or require code changes. The Ethereum Foundation recommends using their impact checker tool at and testing on the Platåberget devnet.
  • All core devs discussions indicate Glamsterdam is moving into more aggressive adversarial testing phases including non-finality scenarios and large validator sets on devnet 9. Proposed dates include Sepolia activation on September 28 and Hoodi on October 26 with mainnet possibly targeted for early December though the schedule remains tight and subject to testing and security reviews. This upgrade follows the Fusaka upgrade earlier in 2026 and is described as one of the largest since the Merge. It sets the stage for further changes in the 2027 Hegotá upgrade.
  • ETH has traded in the $2,400 to $2,500 range in recent days with a market cap of approximately $295 billion and 24-hour volume near $15 billion. The asset is up substantially over the past 30 days from lower levels near $1,800 while showing a modest pullback in the last 24 hours. Community and news discussions frequently connect current price action to the technical developments and expected improvements from Glamsterdam. Analysts continue to monitor institutional flows and on-chain metrics alongside the protocol upgrades.

24h change: +0.23%. From $2,503.99 to $2,509.69.

  • The Ethereum Foundation alerted developers maintaining layer-1 contracts that the Glamsterdam upgrade will adjust gas costs for state creation and access through EIP-8037 and EIP-8038. These changes reflect actual resource usage after years of state growth since the last repricing in 2021. A small number of contracts may need updates though most are unaffected or can be fixed by higher gas limits. Teams can test on the Platåberget testnet ahead of the planned Q4 2026 activation which also targets enshrined proposer-builder separation and higher throughput.
  • Ethereum developers are narrowing 66 proposals for the 2027 Hegotá upgrade with Frame transactions under consideration to improve how wallets approve and pay for transactions. This could give privacy applications more native tools. Other items under review include censorship resistance via inclusion lists and validator economics. The upgrade follows Glamsterdam and forms part of longer-term protocol evolution.
  • Glamsterdam aims to support a significantly higher gas limit around 200 million through block-level access lists, enshrined proposer-builder separation and state growth controls. These changes build on prior upgrades that lowered fees and improved data availability. The upgrade is in final devnet testing with public testnets expected soon. Longer-term Lean Ethereum efforts focus on simplification, native privacy and quantum resistance.

24h change: +1.81%. From $2,456.15 to $2,500.70.

  • The Ethereum Foundation issued an alert about gas repricings in the Glamsterdam upgrade scheduled for the fourth quarter of 2026. EIP-8037 and EIP-8038 adjust costs for creating and accessing state to better reflect actual computational resources used. A small set of smart contracts that rely on hardcoded gas assumptions may break or require updates, though most are unaffected or can be fixed by increasing gas limits. Developers can check impacts at a dedicated site and test on the Platåberget testnet ahead of public testnets and mainnet activation.
  • Ethereum's Glamsterdam upgrade aims to support a post-upgrade gas limit around 200 million, compared to about 60 million currently. This is enabled by block-level access lists, enshrined proposer-builder separation and the gas repricings. The changes are intended to increase layer 1 throughput for DeFi and other activity while keeping node hardware requirements manageable and controlling state growth. The upgrade has entered final devnet testing phases with public testnets expected soon after.
  • Following Glamsterdam, the Hegotá upgrade targeted for 2027 is in scoping with 66 Ethereum Improvement Proposals under consideration. Priorities include features for privacy applications, frame transactions that change how wallets approve and pay for transactions, and other changes to support smart accounts and censorship resistance. Only a subset of proposals will advance to implementation. This continues Ethereum's multi-year focus on scaling, usability and reducing hardware demands for running nodes.

24h change: -1.49%. From $2,492.23 to $2,455.06.

  • Ethereum developers have moved the Glamsterdam upgrade into final devnet testing phases ahead of public testnets possibly in September or October 2026. The upgrade includes gas repricings under EIP-8037 and EIP-8038 to better reflect computational costs for state creation and access, which could break or degrade a small number of existing smart contracts that rely on outdated gas assumptions. Most contracts are unaffected and many issues can be fixed by increasing gas limits, with outreach already underway to impacted developers. This is viewed as one of the largest protocol changes since the Merge and is intended to support much higher block gas limits and transaction throughput over time.
  • Ethereum has erased four months of losses with an approximately 30 percent gain over the past week, trading near $2,450 to $2,500 levels. Spot Ethereum ETFs recorded hundreds of millions in net inflows during the rally period, with BlackRock funds accounting for the majority of recent ETH ETF demand. Corporate treasury accumulation and reduced exchange reserves have strengthened underlying fundamentals even as the price remains well below its 2025 all-time high near $4,950. This combination of institutional flows and on-chain metrics has contributed to renewed market optimism around the asset.
  • Recent Ethereum proposals include EIP-8148, which would introduce staking thresholds up to 2,048 ETH while keeping standard withdrawal mechanics intact. Another proposal aims to cut annual ETH issuance by approximately 33,800 through offchain ZK finality proofs. These changes come as staking participation remains high and the ecosystem explores ways to manage supply dynamics and validator economics. Developers continue to refine these ideas through core calls and community feedback as part of the broader roadmap leading into Glamsterdam and future upgrades.

24h change: +2.37%. From $2,436.53 to $2,494.18.

  • Bitmine bought roughly 32,000 ETH worth about $81 million last week. This represents its largest weekly purchase since early July and brings its total holdings to nearly 5.85 million ETH. The activity reflects broader institutional interest in ethereum as a treasury asset amid its recent price strength. Such purchases by publicly traded companies make ethereum's role in corporate balance sheets more visible.
  • Developers launched the Platåberget testnet in mid-August 2026 to test Glamsterdam ahead of its planned Q4 activation. The upgrade includes enshrined proposer-builder separation and block-level access lists that support parallel execution and significantly higher gas limits. It also changes gas accounting for state creation and storage, which may require updates from wallets, indexers and other tools. These changes build on prior scaling work and aim to increase base-layer throughput.
  • Core developers are evaluating 66 Ethereum Improvement Proposals for the Hegotá upgrade targeted for 2027. Priorities include fork-choice enforced inclusion lists to strengthen censorship resistance and features supporting privacy applications and smart accounts. Only a subset of proposals will advance to implementation and testing. This upgrade follows Glamsterdam and continues Ethereum's focus on usability, security and reducing node hardware requirements.

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ETH Sentiment

ETH updates powered by Brandwatch. Not financial advice. Last updated on June 16, 2026.

Bullish ETH indicators

As of 2026-06-16, ETH traded at $1,792.88, with 24h +1.74% and 7d +7.10%. 24h volume was $16.93B, and market cap was $216.37B.

ETH exchange reserves have hit a record low of 14.5M ETH, per CryptoQuant data (June 11). Supply on centralized venues continues moving to staking and corporate treasuries. Thinner exchange float may amplify price sensitivity if demand returns. (Source)

BitMine Immersion holds over 5.6M ETH, roughly 4.66% of global supply, per the company's disclosure (June 14). Total crypto and cash holdings reach $10.4B, led by the ETH treasury. Corporate accumulation may signal sustained institutional positioning. (Source)

Bearish ETH indicators

Spot ETH ETFs (exchange-traded funds) have shed billions in outflows alongside BTC products, per Benzinga (June 14). Year-to-date ETF demand contrasts with rising XRP fund inflows of $1.44B. Weak ETF flows could limit near-term ETH demand. (Source)

ETH trades below major resistance after a sharp June decline, per Crypto News Land (June 15). Binance dominates ETH derivatives with $5.49B open interest and 5.23M futures trades. Sellers retain control as consolidation holds near support. (Source)

DeFi (decentralized finance) TVL (Total Value Locked) has fallen to $72.5B amid security concerns, per DefiLlama-tracked protocol data (June 14). Roughly one-third of ETH supply remains staked despite the protocol-level decline. Lower TVL may weigh on ETH network fee revenue. (Source)

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