What is the price of Ethereum?

Ethereum Price History. The price of Ethereum has fluctuated wildly in its short history. At its launch in July 2015, the price of an Ethereum token (Ether) was just $0.43. In the years following, the price of Ethereum would see a high of $1,422.47 in January 2018 before dropping by over 80% 9 months later. Full historical data is available here.

What is Ethereum's biggest 1 day loss in a year?

Ethereum Price Suffers Greatest 1 Day Loss in a Year. Fear and concern once again swept the cryptocurrency markets last week when the price of ETH/USD inexplicably plummeted from $189.33 to $165.12 (12.7%) within a one hour period, closing the day with the steepest 24 hour decline since early 2018.

Why is Ethereum so popular?

The rapid price increase of Ethereum has not only attracted investors but developers too. Ethereum has tens of thousands of developers in its open source community, each contributing to the many layers of the “Ethereum stack”.

How is gas price calculated on Ethereum?

How much gas you pay for each action on the Ethereum blockchain is calculated based on two things: Gas cost: The computational energy an operation on Ethereum requires to be processed and executed on the network. This is denominated in units of gas. Gas price: The rate set by the user for converting gas into units of ether.