Ethereum Hits 1-Day Volume of $10.32 Billion (ETH)

Ethereum (ETH) traded up 1.3% against the dollar during the 24 hour period ending at 9:00 AM E.T. on May 10th. In the last seven days, Ethereum has traded down 0.1% against the dollar. One Ethereum coin can now be purchased for approximately $3,025.91 or 0.04804194 BTC on popular cryptocurrency exchanges. Ethereum has a market cap of $363.43 billion and approximately $10.32 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Cardano (ADA) traded up 2.4% against the dollar and now trades at $0.46 or 0.00000736 BTC.
• Avalanche (AVAX) traded up 4.3% against the dollar and now trades at $35.72 or 0.00056706 BTC.
• NEAR Protocol (NEAR) traded 4.3% higher against the dollar and now trades at $7.57 or 0.00012016 BTC.
• Internet Computer (ICP) traded 3.2% higher against the dollar and now trades at $12.36 or 0.00019629 BTC.
• Uniswap (UNI) traded up 2.8% against the dollar and now trades at $7.52 or 0.00011933 BTC.
• Hedera (HBAR) traded up 2.6% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Cosmos (ATOM) traded 0.8% higher against the dollar and now trades at $9.08 or 0.00014411 BTC.
• Cronos (CRO) traded up 2.3% against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Fetch.ai (FET) traded 7.6% higher against the dollar and now trades at $2.34 or 0.00003718 BTC.
• Algorand (ALGO) traded 2.6% higher against the dollar and now trades at $0.19 or 0.00000307 BTC.

About Ethereum

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,107,310 coins. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official website is www.ethereum.org. The official message board for Ethereum is forum.ethereum.org.

According to CryptoCompare, “Ethereum is a decentralized platform for building smart contracts and decentralized applications. It has its own cryptocurrency, Ether, and enables users to transact and communicate without the need for a central authority. In contrast to Bitcoin, Ethereum is a general purpose blockchain that can be programmed for a wide range of tasks. It can be used for building apps and organizations, holding assets, and facilitating financial transactions while respecting user privacy and avoiding censorship. ETH, the native cryptocurrency of Ethereum, is used to fuel and secure the network, serve as collateral for the creation of other tokens, and support the Ethereum financial system. It has value as a means of paying transaction fees and as a store of value or tool for decentralized finance. ETH has also gained recognition through initial coin offerings.”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using U.S. dollars directly can do so using Gemini, GDAX or Coinbase.

ETH/USD price chart by TradingView