Ethereum 24-Hour Trading Volume Reaches $30.43 Billion (ETH)

Ethereum (ETH) traded 1.4% lower against the U.S. dollar during the one day period ending at 7:00 AM E.T. on May 22nd. Ethereum has a total market capitalization of $448.88 billion and $30.43 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can now be bought for approximately $3,736.64 or 0.05334096 BTC on major cryptocurrency exchanges. During the last seven days, Ethereum has traded 29.1% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Cardano (ADA) traded 3.5% lower against the dollar and now trades at $0.49 or 0.00000693 BTC.
• Avalanche (AVAX) traded up 0.1% against the dollar and now trades at $40.69 or 0.00058081 BTC.
• NEAR Protocol (NEAR) traded down 2.8% against the dollar and now trades at $7.93 or 0.00011318 BTC.
• Internet Computer (ICP) traded down 3.8% against the dollar and now trades at $13.11 or 0.00018718 BTC.
• Uniswap (UNI) traded down 1.2% against the dollar and now trades at $9.30 or 0.00013269 BTC.
• Hedera (HBAR) traded 1.4% lower against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Cosmos (ATOM) traded 2.1% lower against the dollar and now trades at $8.70 or 0.00012415 BTC.
• Cronos (CRO) traded down 0.4% against the dollar and now trades at $0.13 or 0.00000181 BTC.
• Fetch.ai (FET) traded 0.1% higher against the dollar and now trades at $2.56 or 0.00003651 BTC.
• Algorand (ALGO) traded down 1.3% against the dollar and now trades at $0.19 or 0.00000267 BTC.

About Ethereum

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum’s total supply is 120,128,511 coins. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official website for Ethereum is www.ethereum.org. Ethereum’s official message board is forum.ethereum.org.

According to CryptoCompare, “Ethereum is a decentralized platform for building smart contracts and decentralized applications. It has its own cryptocurrency, Ether, and enables users to transact and communicate without the need for a central authority. In contrast to Bitcoin, Ethereum is a general purpose blockchain that can be programmed for a wide range of tasks. It can be used for building apps and organizations, holding assets, and facilitating financial transactions while respecting user privacy and avoiding censorship. ETH, the native cryptocurrency of Ethereum, is used to fuel and secure the network, serve as collateral for the creation of other tokens, and support the Ethereum financial system. It has value as a means of paying transaction fees and as a store of value or tool for decentralized finance. ETH has also gained recognition through initial coin offerings.”

Ethereum Coin Trading

Investors seeking to trade Ethereum using US dollars directly can do so using GDAX, Coinbase or Gemini.

ETH/USD price chart by TradingView