◆ Layer 1 blockchain · ETHUSDT
Ethereum
Ethereum, launched in 2015, is the main smart-contract platform: most DeFi apps, stablecoins and NFTs started there. Since 'The Merge' in September 2022 it runs on proof of stake, and part of the fees are burned, which can shrink supply when activity is high. US spot Ether ETFs have traded since July 2024.
◆ Live market
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24h
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- Ticker
- ETHUSDT
- Category
- Cryptocurrencies
- Type
- Layer 1 blockchain
- Sector
- Layer 1
- Market-cap rank
- n°2
- Trading hours
- 24/7
What is Ethereum?
Ethereum, launched in 2015, is the main smart-contract platform: most DeFi apps, stablecoins and NFTs started there. Since 'The Merge' in September 2022 it runs on proof of stake, and part of the fees are burned, which can shrink supply when activity is high. US spot Ether ETFs have traded since July 2024. A Layer 1 is a standalone blockchain: it validates its own transactions through its own consensus (proof of work or proof of stake), and its native token pays fees and often secures the network through staking.
How Ethereum works and what gives it value
A Layer 1's value depends on the activity it hosts: applications, stablecoins, DeFi volume, active addresses. More usage means more demand for the token (fees, staking, collateral). Layer 1s compete on speed, cost, security and decentralisation.
What moves the price of Ethereum
- ◆Global liquidity and risk appetite (rates, dollar)
- ◆Correlation with Bitcoin and Ethereum
- ◆Protocol upgrades and roadmap
- ◆New apps, stablecoins and capital arriving on the network
- ◆Token issuance and unlock schedule
- ◆Listed products (ETF/ETP) and institutional interest
Key metrics to watch
- ◆Total value locked (TVL) and DeFi volume
- ◆Active addresses and transaction count
- ◆Fees generated by the network
- ◆Staking ratio and token inflation
- ◆Dominance versus BTC/ETH
Risks specific to Ethereum
- ◆Strong competition between chains
- ◆Outages or security flaws
- ◆Dilution from new token issuance
- ◆Regulation
How to analyse Ethereum on GraphTrade
Underlying trends read best on daily and weekly; 4h helps refine entries. Open the ETHUSDT chart, add the indicators below, compare Ethereum with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Layer 1.
◆ Indicators suited to Ethereum
◆ FAQ
What is Ethereum (ETHUSDT)?
Ethereum, launched in 2015, is the main smart-contract platform: most DeFi apps, stablecoins and NFTs started there. Since 'The Merge' in September 2022 it runs on proof of stake, and part of the fees are burned, which can shrink supply when activity is high. US spot Ether ETFs have traded since July 2024.
Why is Ethereum going up or down today?
The main drivers are: global liquidity and risk appetite (rates, dollar), correlation with bitcoin and ethereum, protocol upgrades and roadmap, new apps, stablecoins and capital arriving on the network. The AI Compass cross-references these with today's news.
Which indicators work best on Ethereum?
Underlying trends read best on daily and weekly; 4h helps refine entries.
What are the risks of Ethereum?
Strong competition between chains ; Outages or security flaws ; Dilution from new token issuance ; Regulation.
What is the market-cap rank of Ethereum?
Ethereum was ranked #2 by market cap when this page was generated, in the Layer 1 sector. The live rank appears at the top of the page.
How do I follow Ethereum in real time?
Open the free GraphTrade chart for ETHUSDT: price updates live every second, with all indicators.
How do I add Ethereum to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to Ethereum
Information only, not investment advice.