Ethereum 1-Day Trading Volume Hits $14.28 Billion (ETH)

Ethereum (ETH) traded 1% lower against the dollar during the 1 day period ending at 11:00 AM Eastern on July 28th. One Ethereum coin can currently be purchased for $3,270.16 or 0.04822097 BTC on major exchanges. Over the last week, Ethereum has traded 6.9% lower against the dollar. Ethereum has a market cap of $393.17 billion and $14.28 billion worth of Ethereum was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Cardano (ADA) traded 3.6% lower against the dollar and now trades at $0.41 or 0.00000602 BTC.
• Avalanche (AVAX) traded 5.6% lower against the dollar and now trades at $27.53 or 0.00040602 BTC.
• NEAR Protocol (NEAR) traded down 5.7% against the dollar and now trades at $5.48 or 0.00008078 BTC.
• Uniswap (UNI) traded 2.4% lower against the dollar and now trades at $7.60 or 0.00011204 BTC.
• Internet Computer (ICP) traded down 2.6% against the dollar and now trades at $9.50 or 0.00014013 BTC.
• Cosmos (ATOM) traded 0.2% higher against the dollar and now trades at $6.33 or 0.00009330 BTC.
• Hedera (HBAR) traded down 1.8% against the dollar and now trades at $0.0682 or 0.00000101 BTC.
• Cronos (CRO) traded down 1.4% against the dollar and now trades at $0.0903 or 0.00000133 BTC.
• Fetch.ai (FET) traded down 5.2% against the dollar and now trades at $1.25 or 0.00001841 BTC.
• Algorand (ALGO) traded down 3.4% against the dollar and now trades at $0.14 or 0.00000206 BTC.

About Ethereum

Ethereum (ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 120,228,315 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official website is www.ethereum.org. The official message board for Ethereum is forum.ethereum.org. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here.

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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView