Ethereum Price(ETH)

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1 ETHIDR Rp52,435,077.51
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0.1%
Kraken
0.26%
Coinbase
1.99%
Rp 52,435,077.51
-1.85%
1D
Page last updated: 2024-11-22 18:33 (UTC+0)
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Price of ETH today

The live price of Ethereum is Rp 52.44M per (ETH / IDR) with a current market cap of Rp 6,314,672.02B IDR. 24-hour trading volume is Rp 612,631.79B IDR. ETH to IDR price is updated in real-time. Ethereum is -1.85% in the last 24 hours with a circulating supply of 120.43M.
ETH Price History IDR
Date ComparisonAmount Change% Change
TodayRp -990,626.63-1.85%
30 DaysRp 12,920,297.38+32.70%
60 DaysRp 9,789,812.33+22.96%
90 DaysRp 7,853,317.54+17.62%

ETH Market Information

24h Low & High
Low: Rp 51.95M
High: Rp 54.59M
The highest and lowest price paid for this asset in 24 hours.
All Time High
Rp 77.89M
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-0.6%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-1.85%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
+8.67%
The percentage change in price for this asset compared to 7 days ago.

ETH Market Information

Popularity
#2
Popularity is based on the relative market cap of assets.
Market Cap
Rp 6,314,672.02B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
Rp 612,631.79B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
120.43M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
Rp 6,314,672.02B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2014-07-24

About Ethereum (ETH)

Ethereum (ETH) is the second-largest cryptocurrency token in terms of market capitalization. This can be attributed to how it has brought much innovation and many use cases to the industry by introducing smart contract functionality, which has paved the way for decentralized finance (DeFi) and decentralized apps (DApps).

Ethereum was created in 2015 by Vitalik Buterin, a Russian-Canadian programmer. The platform is based on the principle of decentralization, which means that it is not controlled by any single entity.

Ethereum allows users to build and deploy software, commonly in the form of DApps, which are then powered by a global distributed network of computers running Ethereum. The network is decentralized, making it highly resistant to any form of censorship or downtime.

In addition, Ethereum is an open-source blockchain platform that runs on the usage of its native currency, called Ether or ETH. All network transaction fees, or gas fees, are paid in ETH. ETH specifically used by the Ethereum blockchain to pay for transactions, and is responsible for powering just about everything that occurs on the network. 

The Ethereum network can be used by anybody to create and run smart contracts, which are software programs that run autonomously, without user intervention. Ethereum’s growth can be attributed in part to its smart contract capability, which has enabled a growing ecosystem of DApps, non-fungible tokens (NFTs) and more. 

What Is Ethereum's Shanghai Upgrade?

Ethereum completed its switch from a PoW to a PoS consensus mechanism in September 2022. In a PoS consensus mechanism, users can stake 32 ETH to validate transactions rather than solving computational puzzles using mining equipment, making the process more energy-efficient.

The Shanghai upgrade brought in a range of technical enhancements to the Ethereum platform. One of the key features introduced is the ability for users to access and unstake their Ethereum tokens that were previously locked in a smart contract as validators on the Beacon Chain. 

What Is the Ethereum Merge?

The Ethereum blockchain previously operated on the Proof-of-Work consensus mechanism, requiring significant computational efforts from all decentralized nodes within the blockchain. 

In September 2022, Ethereum successfully transitioned to the Proof-of-Stake model, a significant upgrade known as "The Merge," which had been anticipated for several years. This transition fundamentally altered Ethereum's operation, eliminating the necessity for mining new blocks since the network is now safeguarded using staked ETH and validators. The Ethereum Foundation asserts that the shift from PoW to PoS cuts Ethereum's energy usage by a striking 99.95%.

Ethereum 2.0 Roadmap

The road to a complete Ethereum 2.0 consists of a number of milestones and phases, each introducing innovative features and functionalities to the network.

The roadmap consists of three main phases, namely:

  1. Phase 0: Beacon Chain (live)

  2. Phase 1: The Merge (live)

  3. Phase 2: Sharding (2023-2024)

The third major upgrade phase is Sharding, which introduces horizontal database scaling. This enhancement aims to lower data storage costs by decreasing hardware necessities, thus enabling anyone to become a validator.

What Is the Future of Ethereum?

In a recent post, Ethereum co-founder, Vitalik Buterin, identified three pivotal technical "transitions" vital to Ethereum's success — layer-2 scaling, wallet security, and privacy-enhancing features. He stressed that without effective scaling infrastructure to make transactions affordable, Ethereum essentially "fails". He also highlighted the complications brought about by the shift to smart contract wallets, particularly from the user experience perspective when handling multiple addresses. Lastly, Buterin underscored the necessity of improved privacy through enhanced identity, reputation, and social recovery systems. Achieving all three transitions simultaneously will prove "challenging", Buterin admits, due to the intensive coordination required among these aspects.

The live price of Ethereum (ETH) is updated and available in real time on Binance.

People Also Ask: Other Questions About Ethereum

  1. What Is the Maximum Token Supply of Ethereum?

    Ethereum has a circulating supply of 120,221,729 ETH coins and the max. supply is not available.

  2. How Much Is Ethereum Worth?

    Ethereum is the second-largest cryptocurrency by market cap. Its native currency, Ether (ETH), fuels transactions and supports decentralized applications (dApps). As with other cryptocurrencies, Ether's actual value fluctuates continuously due to the 24/7 trading nature of the market.

  3. When Was Ethereum Created?

    Ethereum was originally introduced in 2013 in a whitepaper written by co-founder Vitalik Buterin.

    With the help of his fellow co-founders, Gavin Woods and Anthony Di Iorio, Vitalik Buterin secured funding for the project via a publicly accessible online crowdfunding sale in 2014. The project acquired enough funding to launch the blockchain on July 30, 2015.

  4. How to Mine Ethereum?

    There are three ways to mine Ethereum. The first is through pool mining, the second solo mining, and the third is cloud mining.

    Prior to its transition to the PoS mechanism, users could mine ETH by creating Ethereum wallets, installing Ethereum software on their computing devices, and choosing how they wanted to mine ETH.

  5. How High Will Ethereum Go? 

    No one can predict the price of Ethereum (ETH), but the token has climbed steeply in the past, thanks to the enduring popularity of DApps and NFTs. As always, do your own research (DYOR) and carefully evaluate cryptocurrencies before exposing yourself to any financial risk. 

  6. How to Buy Ethereum? 

    ETH can be purchased directly on Binance with a credit or debit card. You can also trade other cryptocurrencies for ETH on the Binance Exchange. Read our How to Buy Ethereum (ETH) Guide for further instructions.

  7. How Much Will Ethereum Be Worth in 2030?

    Check out our Ethereum Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

  8. What is Etherium Price Now?

    Are you looking for Ethereum Price when you typed Etherium Price? Live Ethereum price is updated in real-time on Binance.

ETH to Local Currency

FiatPriceOperation
1 ETH to USD$ 3,293.12
1 ETH to TRY$ 3,293.12
1 ETH to RUB$ 3,293.12
1 ETH to EUR$ 3,293.12
1 ETH to AED$ 3,293.12
1 ETH to AUD$ 3,293.12
1 ETH to BRL$ 3,293.12
1 ETH to VND$ 3,293.12
1 ETH to IDR$ 3,293.12
Last updated 2024/11/22 06:33 (UTC)

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