Name: Ethereum
Brand: ONUS
Price: 3208.0401 USD
Rating: 4.67 (217 reviews)

Question 1

What causes ETH to increase in price?

Accepted Answer

The price increase of ETH is primarily due to the reduced supply of Ethereum on exchanges caused by staking activities. Additionally, accumulation by ETH whales, including institutional and individual investors, drives strong price growth.

Question 2

What is the total supply of ETH?

Accepted Answer

The current total supply of ETH matches the circulating supply of Ethereum at 120,512,039.59. Notably, Ethereum does not have a maximum supply limit, meaning the circulating supply will continue to increase over time.

Question 3

How much is 1 ETH in USD today?

Accepted Answer

Today's price of 1 ETH in USD is 3,208.04 USD. Here are the current prices:

Current ETH/USD price: 3,208.04 USD
Lowest ETH/USD price: 3,029.06 USD
Highest ETH/USD price: 3,246.82 USD

ETH to USD conversion table:

Amount	ETH to USD
0.0004 ETH to USD	1.28 USD
0.002 ETH to USD	6.42 USD
0.005 ETH to USD	16.04 USD
0.02 ETH to USD	64.16 USD
0.03 ETH to USD	96.24 USD
0.1 ETH to USD	320.8 USD
0.3 ETH to USD	962.41 USD
1 ETH to USD	3,208.04 USD
5 ETH to USD	16,040.2 USD
10 ETH to USD	32,080.4 USD
50 ETH to USD	160,402.01 USD
100 ETH to USD	3,208.04 USD

Current ETH to USD exchange rate comparison:

1 hour ago: +0.46%
1 day ago: +1.02%
1 week ago: -3.8%
1 month ago: -4.63%
3 months ago: +20.36%
1 year ago: +41.9%

Question 4

How to check ETH/USD exchange rates on the ONUS app?

Accepted Answer

To check ETH/USD exchange rates on the ONUS app, follow these steps:

Go to Settings and select “Base Currency.”
Choose USDT as the base currency.
Confirm the change using Smart OTP.
On the main screen, go to the Market interface.
Select Ethereum (ETH) and monitor the ETH/USD exchange rate.

Question 5

How has the price history of ETH (Ethereum) developed?

Accepted Answer

2015-2020: ETH started modestly and took its initial steps.

Launched in July 2015, the all-time low price was $0.42 in October.
Popularity and trading volume surged in 2017.
Reached $1,000 in January 2018, peaking at $1,300.
- Boosted by CME Group’s Bitcoin futures announcement.
- Crypto winter of 2018 stalled the market. 2020-2024: Explosive growth and volatility.
Reached $4,891.70 on November 16, 2021.
- Driven by economic stimuli during government lockdowns.
- Declined due to rising interest rates and crypto industry layoffs and bankruptcies in 2022.
- Fell below $900 during winter 2022.
Recovered with optimism about the US economy and the approval of a Bitcoin ETF in 2024.
- Current price is 3,208.04 USD, with expectations for an Ethereum ETF.

Question 6

How does the price of ETH compare to Bitcoin?

Accepted Answer

Since Ethereum's launch in 2015, both Bitcoin and ETH have proven to be lucrative investments. However, Bitcoin’s performance has outpaced ETH in the past year due to the introduction of Bitcoin Spot ETFs.

Bitcoin price:
- Up 129.53% year-over-year.
- Higher returns compared to Ethereum.
Ethereum price:
- Up 89.71% year-over-year.
- Lower growth than Bitcoin.

Factors for the disparity:

Bitcoin ETF popularity:
- Attracts more traditional investors into the crypto market.
- Increases demand for Bitcoin, driving up its price.
Ethereum ecosystem development:
- Slower growth than expected.
- Puts pressure on ETH’s price.

Other considerations when comparing Bitcoin and Ethereum prices:

Technology:
- Bitcoin uses Proof-of-Work (PoW) for transaction verification.
- Ethereum is transitioning from PoW to the more energy-efficient Proof-of-Stake (PoS).
Usage:
- Bitcoin is primarily used as a store of value.
- Ethereum has broader applications, including smart contracts and DApps.
Supply:
- Bitcoin has a capped supply of 21 million.
- Ethereum has an unlimited supply.

Question 7

What is WETH?

Accepted Answer

WETH is an ERC-20 token on the Ethereum network representing 1 Ethereum (ETH). WETH is used on some platforms and DApps supporting ERC-20 tokens. Users can easily convert ETH to WETH at a 1:1 ratio through a process called “wrapping,” or revert WETH to ETH.

Question 8

What are the token standards of ETH?

Accepted Answer

The most commonly used standards for tokens on Ethereum are ERC-20, ERC-721, ERC-777, and ERC-1155.

Question 9

What technologies underpin Ethereum?

Accepted Answer

Ethereum is a distributed computing platform, open-source and decentralized, allowing for the creation of smart contracts and decentralized applications (dApps).

The five core technologies forming Ethereum's smart contract platform include Smart Contracts - Blockchain, Cryptographic tokens - addresses, Peer-to-Peer (P2P) network, Consensus algorithm, and Turing complete virtual machine.

Question 10

What types of transactions can occur on Ethereum?

Accepted Answer

Different transaction types on Ethereum include:

Regular transactions: Peer-to-peer transactions from one account to another.
Contract deployment transactions: Transactions without a 'to' address, where the data field contains the contract code.
Contract execution: Transactions interacting with deployed smart contracts, with the 'to' address being the smart contract’s address.

Question 11

What is the maximum amount of ETH that can be issued?

Accepted Answer

There is no maximum limit on the amount of ETH that can be issued. Unlike Bitcoin, which has a capped supply of 21,000,000 BTC, Ethereum’s supply is unlimited.

This means the supply of ETH can continue to increase over time, depending on factors such as the rate of new ETH creation and the rate of ETH burning.

Question 12

Where to track ETH to USDT exchange rates?

Accepted Answer

You can track the most up-to-date and accurate ETH to USDT exchange rates on the Market interface of the ONUS app or visit the ETH/USD price today.

Question 13

Where to trade the ETH/USDT pair?

Accepted Answer

One of the easiest and safest ways to trade the ETH/USDT pair is through the ONUS app. With ONUS, you can trade the ETH/USDT pair via the Exchange feature, also known as Spot trading, or trade the ETHUSDT pair through ONUS Futures.

Over 4 million people in Vietnam and internationally trust and use ONUS for daily digital asset trading.

Additionally, by storing from 0.001 ETH on the ONUS app, you will receive daily rewards at an interest rate of 3% per annum.

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