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View ChartThe real-time price of Ethereum today is A$3,031.45(ETH/AUD), with a market capitalization of A$359.94B AUD. The 24-hour trading volume is A$49.18B AUD. The price of ETH to AUD updates in real time. Over the past 24 hours, Ethereum has changed by +5.87%, with a circulating supply of 120.69M.
Buy EthereumEthereum is a decentralized, open source, and distributed computing platform that enables the creation of smart contracts and decentralized applications, also known as dapps.
Smart contracts are computer protocols that facilitate, verify, or enforce the negotiation and performance of some sort of agreement. For instance, a smart contract could be used to represent a legal contract emulating the logic of contractual clauses or a financial contract specifying responsibilities of the counterparts and automated flows of value.
The “ether” or “ETH” cryptocurrency is the backbone of the Ethereum network.
The decentralized network’s smart contracts and transactions are powered by ETH. For the time being, Ether’s market cap ranks above all but one cryptocurrency on the planet.
Many people use Ether, like Bitcoin, as a store of value; it is traded on cryptocurrency exchanges.
In order to validate transactions and finish actions on the Ethereum blockchain, users must pay network costs, also called gas fees. As a token, Ethereum uses ETH to represent these costs.
The quantity of Ether that is staked determines how much Ether is issued. Because Ethereum gets burned with every transaction, the supply is elastic. Bitcoin being burned at a faster rate as its use grows.
It was through EIP-1559 that this ETH elastic supply was introduced. When Ethereum first launched, there were 72 million coins available for purchase. Twelve million were set aside for the Ethereum Foundation’s use, while eighty million were sold to the general public. Approximately 120.5 million Ethereum tokens are in circulation as of April 2023, and there is no cap on the total amount.
You might have heard that the Bitcoin blockchain is a lot like a bank’s ledger, or even a checkbook. It’s a running tally of every transaction made on the network going back to the very beginning — and the entire network works together to ensure that the tally is accurate and secure.
The Ethereum blockchain, on the other hand, is more like a computer: While it also does the work of documenting and securing transactions, it’s much more flexible than the Bitcoin blockchain. Developers can use the Ethereum blockchain to build a huge variety of tools — everything from logistics management software to games to the entire universe of DeFi applications (which span lending, borrowing, trading, and more).
Ethereum uses a ‘virtual machine’ to achieve all this, which is like a giant, global computer made up of many individual computers running the Ethereum software. Keeping all of those computers running involves investment in both hardware and electricity by participants. To cover those costs, the network uses its own Bitcoin-like cryptocurrency called Ether (or, more commonly, ETH).
ETH keeps the whole thing running. You interact with the Ethereum network by using ETH to pay the network to execute smart contracts. As a result, the fees paid in ETH are called “gas.”
Gas rates vary depending on how busy the network is. A new version of the Ethereum blockchain called Ethereum 2.0, which aims to increase efficiency, was implemented in September 2022.
Ethereum 2.0, often referred to as ETH2, is a significant upgrade to the Ethereum network. Designed to enable the network to grow while enhancing security, speed and efficiency, it was implemented in September 2022 by merging the original blockchain with the ETH2 blockchain.
Why is Ethereum 2.0 necessary? Migrating a popular cryptocurrency to a new platform is a complex endeavour, but it was necessary for Ethereum to scale and evolve. This is because the ‘proof of work’ method used by the ETH 1.0 blockchain to verify transactions caused bottlenecks and increased fees, as well as consuming substantial resources (particularly electricity).
The easiest way to buy Ethereum is through a crypto exchange like BTCC. BTCC makes purchasing Ethereum easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Ethereum purchase, register with BTCC today.
Ethereum's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
Ethereum(ETH) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.
Predicting the exact timing of a Ethereum crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.
For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.
The Ethereum All-Time Low (ATL) price was 0.4208970069885254, recorded on 2015-10-21 22:40. This represents the lowest price for Ethereum(ETH) on record.
The Ethereum All-Time High (ATH) was A$7,061.55, which was recorded on 2025-08-24 19:25, representing the highest price Ethereum has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live ETH price for the most up-to-date information.
Ethereum(ETH) currently records a circulating supply of 120.69M, and its maximum supply is capped at ∞.
The current market cap of Ethereum(ETH) is A$359.94B. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.
Ethereum's 24h trading volume is A$49.18B, representing the total value of all Ethereum(ETH) bought and sold across exchanges over the past 24 hours.
The current Ethereum price is A$3,031.45. As the ETH price fluctuates constantly, BTCC provides real-time ETH to USD prices that can be accessed at the top of our crypto price page.
Ethereum can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including ETHUSDT.