ETHUSD — Ethereum Price Chart

Overview

ETHUSD chart

Key facts today

Ethereum's price has fallen to around $1,490, its lowest in over two years, with a 20% drop in one day. Analysts caution it may dip below $1,000 if instability continues.

Ethereum's Net Unrealized Profit/Loss (NUPL) is in the 'capitulation' zone, showing most investors are holding ETH at a loss, often signaling major market bottoms.

Recent talks highlight Ethereum's layer 2 scalability issues, including centralization and interoperability challenges that could lead to transaction censorship and fragmented liquidity.

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Key stats

About Ethereum

Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.