The rise and fall of ethereum: what is its price this March 11

Ether is the virtual currency used on the Ethereum blockchain platform and is#2in terms of market capitalization worldwide.

Ether is the token of Ethereum, a network based on blockchain technology that serves as the basis for the famous smart contracts. (Infobae)

Ethereum is a digital platform that adopts blockchain technology and expands its use to a wide variety of applications, while ether is its native cryptocurrency. In the world of digital finance it is common for cryptocurrency to be called the network, although in reality they are not the same.

The ethereum platform, created in 2015 by programmer Vitalik Buterin, sought to be an instrument for decentralized and collaborative applications on which smart contracts (dAPPs) can be made.

Like bitcoin, ether's value skyrocketed in a short period of time. In January 2016, ether was trading around one dollar and currently has an all-time high of 4891.7 units.

Ethereum cryptocurrency price

The price of ethereum for today at 09:30 hours (UTC) is $3925.62, which means that the cryptocurrency suffered a change of -0.6% in the last 24 hours.

On the other hand, it registered a change of 1.99% compared to its value an hour ago. Regarding its popularity, it is located in position #2.

Ethereum 2.0: the keys

After several months of delay and with the fear that it would never happen, finally on September 15, 2022, Ethereum carried out its long-awaited merger or update to the new level 2.0 with the promise of improving the experience of the users of this cryptocurrency

The Merge is a transformation in the way Ethereum processes transactions and how new Ether tokens are created.