Ethereum statistics Australia
Essential statistics on Ethereum, from a 2023 snapshot.
Update: The statistics in this guide are a snapshot from 2023 and the charts show data from late 2021. None of it is live price or market data, and Ethereum's price, market cap and trading volumes have changed since then.
Key takeaways
- In 2023, Ethereum was the second largest cryptocurrency by market cap, making up 19% of the top 250 coins.
- Ethereum's price is volatile and can move quite differently from Bitcoin's over short periods.
- Created in 2015, Ethereum's primary purpose is to host decentralised applications, not just rival Bitcoin.
Being one of the top contenders for the cryptocurrency with the most longevity, Ethereum made up 19% of the total value of the biggest 250 cryptocurrency coins in 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 90 days in late 2021. An increase in the index from 100 to 110 would represent a 10 percentage point increase in the value of that coin.
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, reaching $6,694 in late 2021 and setting a new all-time high in August 2025 (in US dollar terms). At the time of the 2023 snapshot, the price of Ethereum was $2,743, which was 11.3% lower than a month earlier. All prices are quoted in Australian dollars.
At the time of the snapshot, the price of Ethereum had changed by -$2 over 24 hours, with a 24-hour low of $2,688 and a high of $2,752. There were 120,279,330 Ethereum in circulation.
Ethereum is the second biggest cryptocurrency in terms of market capitalisation (total value in existence). At the time of the snapshot, there was $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, had a market cap of $796 billion.
At the time of the snapshot, $10 billion worth of Ethereum had been traded over 24 hours. The graph below depicts the volume of Ethereum traded daily over 90 days in late 2021. This figure can be somewhat volatile. The 90-day trading volume range recorded in the snapshot was from $9 billion on one of its worst days to $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.
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