Ethereum (ETH) is the second-largest cryptocurrency by market cap, currently trading at around ₹191,549.03 per ETH[1]. With a circulating supply of 120,183,304.181 ETH, Ethereum has a total market cap of over ₹22.9 trillion[1].

In the past year, Ethereum's price has increased significantly, with a 44.95% rise in the last 24 hours alone[1]. However, it's important to note that Ethereum has experienced major price swings in the past, crashing by 94% in 2018 before eventually recovering[2].

Ethereum is a decentralized computing platform that enables developers to build and run distributed applications[4]. It uses the ERC-20 token standard and supports smart contracts, allowing for a wide range of applications beyond just payments[4].

One key unit of Ethereum is Gwei, which is a denomination of ether used to pay for gas fees on the network[5]. Gas fees are necessary to execute transactions and run smart contracts on the Ethereum blockchain[5].

As Ethereum continues to evolve, with recent upgrades like the Merge, it remains a significant player in the cryptocurrency space[4]. However, investors should be aware of the potential risks and volatility associated with investing in Ethereum and other cryptocurrencies[2].