BTCC/ Crypto Prices / Ethereum (ETH)
Ethereum

Ethereum Price ETH

AUD
A$3,031.45
A$168.17 +5.87%
1D7D1M3M1Y YTD All

Last updated:

View Chart

Ethereum Today's Price

The 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 Ethereum

About Ethereum

What is Ethereum (ETH)?

Ethereum 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.

How does Ethereum work?

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.

What is Ethereum 2.0?

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).

How to buy Ethereum?

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.

View more

Ethereum News

View more

Ethereum FAQ

Why is Ethereum going up?

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.

 

Is Ethereum a promising investment based on its price history?

Ethereum(ETH) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.

When will Ethereum crash again?

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.

What was Ethereum’s all-time low (ATL)?

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.

 

 

What was Ethereum’s all-time high (ATH)?

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.

How many Ethereum are there?

Ethereum(ETH) currently records a circulating supply of 120.69M, and its maximum supply is capped at ∞.

 

What is the current market cap of Ethereum(ETH)?

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.

What is Ethereum's 24h trading volume?

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.

What is the current price of Ethereum(ETH)?

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.

How to Buy Ethereum: A Complete Guide?

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.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.