$ETH ### Ethereum Overview
Ethereum, the pioneering smart-contract blockchain platform, was proposed by Vitalik Buterin and launched in July 2015. It expanded the scope of blockchain technology beyond simple value transfer to a wide array of decentralized applications (dApps) and services, thanks to its smart contract capabilities. Ethereum's native cryptocurrency, Ether (ETH), is used to power these applications and is the second-largest cryptocurrency by market capitalization.
### Historical Price Analysis
As of today, May 21, 2024, the price of Ethereum stands at **$3,766.98**. Ethereum has experienced significant growth since its initial coin offering (ICO) price of **$0.31**. The all-time high (ATH) for Ethereum was **$4,867.17** on November 10, 2021, while the all-time low (ATL) was **$0.420897** on October 21, 2015. Over the past year, Ethereum's price has increased by **108%**, showcasing its volatility and potential for substantial returns.
### Market Performance
Ethereum's market cap is currently **$452.52 billion**, with a 24-hour trading volume of **$76.41 billion**. It has a circulating supply of **120.13 million ETH** and has seen a yearly supply inflation rate of **-0.25%**, indicating a slight decrease in the number of ETH created over the last year.
### Investment Highlights
- Ethereum has outperformed 51% of the top 100 crypto assets in the past year.
- It has consistently traded above the 200-day simple moving average.
- The platform has high liquidity, with 17 green days out of the last 30 (57%).
### Buying Ethereum
Ethereum can be traded on over 136 cryptocurrency exchanges, including major platforms like Binance and Coinbase. If you're interested in purchasing Ethereum, you can follow a simple guide to buy ETH in just a few steps.
### Disclaimer
Please note that this information is not financial advice. Cryptocurrency investments are subject to market risks, including volatility and regulatory changes. Before investing, consider seeking advice from financial professionals.
