Being one of the top contenders for the cryptocurrency with the most longevity, Ethereum makes up 19% of the total value of the biggest 250 cryptocurrency coins as of November 2023.
Ethereum was created back in 2015 not to rival Bitcoin, but to be a host for various applications that can be built on its network. Ethereum is constantly compared to Bitcoin not because of its technology, but because of its growing price and popularity amongst investors.
The chart above is an index that compares the performance of both Ethereum and Bitcoin over the last 90 days. An increase in the index from 100 to 110 would represent a 10 percentage point increase in the value of that coin. Bitcoin has decreased by 8% over the last 3 months while Ethereum has decreased by 0.0089631918 over the same period.
The first Ethereum hit the market at a cost of under $2. It took just 2 years for the currency to reach over $300 in value, which it did in 2017. Since then, Ethereum has soared in price and peaked at $6,694 back in December 2021. The current price of Ethereum is $2,743, which is 11.3% lower than what it was just 1 month ago. All prices are quoted in Australian dollars.
Over the last 24 hours, the price of Ethereum has changed by -$2, with a 24-hour low of $2,688 and a high of $2,752. The number of Ethereum currently in circulation is 120,279,330, with the total supply of Ethereum increasing every year.
Ethereum is the second biggest cryptocurrency in terms of market capitalisation (total value in existence), and there is currently $330 billion worth of Ethereum out in the wild. Ethereum surpassed a market cap of AUD$500 billion for the first time in May 2021. Bitcoin, the most popular cryptocurrency, has a market cap of $796 billion.
Over the last 24 hours, there has been $10 billion worth of Ethereum traded. The graph below depicts the volume of Ethereum traded daily. This figure can be somewhat volatile, with $9 billion being traded on one of its worst days and $43 billion on one of its best.
The price of Ethereum can also be very volatile with many external factors coming into play, from high profile celebrities tweeting about coins to countries outright banning the use of cryptocurrencies for domestic purchases. While there are some excellent guides out there covering how to invest in Ethereum, it would be wise to invest with caution. If you are after more statistics on other cryptocurrencies, head to our cryptocurrency statistics page for everything crypto.
Patrick Tedesco is Finder's international insights analyst, digging through data to help Finder's audience understand new trends and make better decisions. Patrick has a Bachelors degree in Information Technology. Outside work, you'll find him on the basketball court or keeping up with the latest tech trends.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan and read any disclosure documents (such as any Target Market Determination (TMD) and/or Product Disclosure Statement (PDS)) issued by the provider before making a decision.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
