Ethereum
Ethereum is the first decentralized, open-source blockchain with smart contract functionality. It was initially described in a white paper by Vitalik Buterin in late 2013 and launched in 2015. This network serves as the foundation for an ecosystem of interoperable, decentralized applications (dApps) powered by token economies and automated smart contracts. Assets and applications designed on Ethereum are built with self-executing smart contracts that eliminate the need for a central authority or intermediary. u2028The network is powered by its native cryptocurrency ether (ETH), which is used to pay transaction fees. Ethereum has the characteristics of being open-source, programmable, private, and censorship-resistant, forming the backbone of a decentralized internet.
Ethereum is the first decentralized, open-source blockchain with smart contract functionality. It was initially described in a white paper by Vitalik Buterin in late 2013 and launched in 2015. This network serves as the foundation for an ecosystem of interoperable, decentralized applications (dApps) powered by token economies and automated smart contracts. Assets and applications designed on Ethereum are built with self-executing smart contracts that eliminate the need for a central authority or intermediary. u2028The network is powered by its native cryptocurrency ether (ETH), which is used to pay transaction fees. Ethereum has the characteristics of being open-source, programmable, private, and censorship-resistant, forming the backbone of a decentralized internet.
Download Bitget Wallet appWhat is Ethereum?
Ethereum is a decentralized, open-source blockchain system that features smart contract functionality. It serves as a platform for numerous cryptocurrencies and decentralized applications (DApps), aiming to provide a global, decentralized computing network.
How Does Ethereum Work?
Ethereum operates on a blockchain network where developers can build and deploy smart contracts—self-executing contracts with the terms directly written into code. These contracts run on the Ethereum Virtual Machine (EVM), ensuring consistent execution across all nodes.
What Makes Ethereum Unique?
Ethereum introduced the concept of smart contracts, enabling developers to create decentralized applications for various use cases, including finance (DeFi), gaming, and supply chain management. Its flexibility and widespread adoption have made it a foundational platform in the blockchain ecosystem.
Who Are the Founders of Ethereum?
Ethereum was proposed in late 2013 by programmer Vitalik Buterin. Development was crowdfunded in 2014, and the network went live on 30 July 2015. Other co-founders include Gavin Wood, Joseph Lubin, and Anthony Di Iorio, each bringing expertise in programming, business, and finance.
Latest news
What Key Events Have There Been for Ethereum?
In August 2025, Standard Chartered raised its year-end target for Ether to $7,500, citing improved industry engagement and increased holdings of the cryptocurrency. Additionally, Ether has been closing the gap with Bitcoin, driven by digital asset treasury companies accruing over 2 million Ether since June. (reuters.com)
Project Announcements
Ethereum's development continues with milestones such as the Fusaka Upgrade scheduled for November 2025, focusing on backend scalability improvements. Additionally, the Lean Ethereum Plan (2025-2035) aims for quantum resistance and increased transaction throughput. (coinmarketcap.com)
Upcoming events
Latest Airdrop
Etherfi, a protocol offering liquid restaking services on the Ethereum network, announced details concerning its Season 3 ETHFI airdrop. The airdrop began on July 1 and is expected to run until early September, with 25 million ETHFI tokens allocated based on community participation. (kucoin.com)
Project announcements
Where to Buy Ethereum?
Ethereum (ETH) can be traded on various cryptocurrency exchanges, including Binance, Coinbase, and Kraken. Popular trading pairs include ETH/USD, ETH/BTC, and ETH/USDT.
Ethereum Price
Daily Trading Volume
As of September 11, 2025, Ethereum's daily trading volume is approximately $20 billion, reflecting strong market activity.
All-Time High
Ethereum reached an all-time high of $4,878 on November 10, 2021. The current price is $4,428.64, approximately 9.2% below the all-time high.
All-Time Low
Ethereum's all-time low was $0.42 on October 21, 2015. The current price represents a significant increase from this low.
Market Cap and Valuation
Market Cap
Ethereum's market capitalization is approximately $500 billion, ranking it as the second-largest cryptocurrency by market cap.
Fully Diluted Valuation
The fully diluted valuation of Ethereum considers the total supply of ETH, providing a comprehensive view of its market value.
Ethereum Price Prediction
Standard Chartered has raised its year-end target for Ether to $7,500, citing improved industry engagement and increased holdings. However, it's important to note that cryptocurrency markets are highly volatile, and such predictions are subject to change. (reuters.com)
How to buy Ethereum?
To purchase Ethereum (ETH), follow these steps using the Bitget Wallet:
Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Ethereum (ETH) to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., ETH/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, ETH will be added to your wallet.
Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Ethereum (ETH) to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., ETH/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, ETH will be added to your wallet.
FAQ
What is the Purpose of Ethereum?
Ethereum aims to provide a decentralized platform for building and deploying smart contracts and decentralized applications (DApps), enabling developers to create applications without centralized control.
How Can I Participate in Ethereum's Ecosystem?
Individuals can participate by developing DApps, contributing to the network as validators, or engaging in decentralized finance (DeFi) activities such as lending, borrowing, and trading.
What Sets Ethereum Apart from Competitors?
Ethereum's robust smart contract functionality, large developer community, and extensive ecosystem of DApps distinguish it from other blockchain platforms.
Is Ethereum Secure?
Ethereum implements various security measures, including regular audits and a transition to Proof-of-Stake (PoS) consensus to enhance network security and energy efficiency.
What are the Risks Associated with Ethereum?
Risks include market volatility, potential regulatory changes, and technological challenges. The Ethereum community actively works to mitigate these risks through continuous development and governance.
Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at [email protected] — we appreciate your feedback and will continue to improve.
