- Back to menuNews
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menuSponsored
- Back to menu
- Back to menu
- Back to menuResearch
- Back to menuWebinars & Events
- Back to menu
Ether
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.
Ether's Price Rally Above $3.2K Appears Spot-Driven, Boding Well for Further Gains
"Ether's spot-driven rally is primarily due to excitement around the impending EIP 1559 upgrade," one market expert said.
Ether, on Winning Streak, Surges to Record Over $3.2K, Tops Bank of America on Market Cap
Ether's milestone comes with surging trader interest in the leading smart-contracts blockchain.
Market Wrap: Bitcoin Hits $57K After $4.2B Options Expirations; Ether Steadies at $2.7K
The last time bitcoin traded at this level was almost two weeks ago, on April 17.
Ether Could Hit $10K, FundStrat Says, Touting Network Value Versus Bitcoin's
"The crypto narrative is shifting from bitcoin to ethereum," wrote FundStrat, which placed a $10K price target on ETH for this year.
Market Wrap: Bitcoin Near $53K After Major Drop as Ether Tops $2,800 for First Time
Bitcoin’s dominance is less than half of the crypto market as assets like ether and binance coin captivate traders.
Bitcoin Declines, on Track for Worst Month Since September
The largest cryptocurrency is down about 10% for the month to date, with the momentum shifting to altcoins.
What Is Driving the Demand for Ether?
Ether is setting new records as demand soars, but what's behind the craze? Matt Weller of Forex.com joins "First Mover" to discuss the crypto market trends, including how DeFi and NFTs are boosting demand for ETH and how bitcoin HODLers are a sign of a bullish market.
As Ether Pushes Ever Higher, Crypto Traders Plot Price in Bitcoin Terms
The implication is the ongoing capital rotation out of bitcoin and into ether is likely to continue over the coming months.
Market Wrap: Bitcoin Stays Near $55K as Ether Hits Brand-New Record Price
Bitcoin’s stagnant market is due to investors continuing to explore other cryptocurrencies, says one trader.
