Current Ethereum Price: ETH Trades at $4,259
The price of Ethereum, or 1 ETH, traded at $4,240 as of 9:18 a.m. ET, with the highest intraday price in the past year reaching $4,789 on August 14, 2025. Ethereum's 52-week intraday high was $4,789 on August 14, 2025, while its low was $1,387 on April 8, 2025. The global market capitalization of Ethereum stands at $511.8 billion, showing a 62% increase year over year.
Ethereum, launched in July 2015, is a leading altcoin that has significantly impacted global financial markets. It is the second-largest cryptocurrency by market capitalization after Bitcoin, representing 13% of the crypto market. Ethereum's success has been attributed to its blockchain technology, which has expanded the use of blockchain beyond digital currency.
Ethereum's market capitalization of $511.8 billion ranks second only to Bitcoin. The two cryptocurrencies together make up 72% of the entire cryptocurrency market. While Bitcoin dominates with institutional support and ETF approvals, Ethereum has gained momentum in decentralized finance. The U.S. Securities and Exchange Commission's approval of Bitcoin spot ETFs in January 2024 also boosted Ethereum prices.
Ethereum rebounded in 2023 after a period of decline during the 2022 crypto winter. The price of ETH had dropped below $900 due to various factors, including rising interest rates and industry challenges. The approval of Ethereum funds and spot ETFs in 2024 further strengthened its position in the market.
Ether, the digital currency of Ethereum, is widely traded and used for transactions on the Ethereum blockchain. Ethereum gas fees, paid by users to process transactions, are measured in gwei. Ethereum wallets, whether hardware or software, are essential for storing ether securely. Investors can also indirectly speculate on the Ethereum market through Ethereum funds and futures ETFs.
The price of Ethereum is influenced by various factors, including supply and demand dynamics, investor sentiment, macroeconomic conditions, and network activity. Ethereum's utility extends beyond digital currency, supporting NFTs, smart contracts, and other applications. The transition to a proof-of-stake model has changed Ethereum mining, allowing investors to stake ETH to secure the network and earn rewards.