ETH to Euro Price Today | ETH to Euro Live Chart

The current price of ETH to Euro is €3,714.84, with a 24-hour price change of -0.93%. The current market cap of ETH is €446,265,353,491. The 24-hour trading volume is €33,354,507,062, and the circulating supply is 120 million. The ETH to Euro price is updated in real-time.

Historical Changes in ETH to Euro Price

• 24-hour change: -0.93%
• 7-day change: +3.55%
• 14-day change: +2.49%
• 30-day change: +23.9%
• 200-day change: +6.07%
• 1-year change: +87.04%

Real-Time ETH to Euro Price Chart

ETH to Euro All-Time High and Low Prices

• On December 01, 2021, ETH reached an all-time high of €4,228.93.
• On October 20, 2015, ETH hit an all-time low of €0.38.

Factors Influencing ETH to EUR Price Volatility

Ethereum (ETH) price volatility is influenced by multiple factors, including:

1. Market Demand and Supply

• Investor Interest: The interest and confidence of investors in Ethereum can affect its price. Increased buying demand can push the price up, while increased selling demand can drive it down.
• New Ether Issuance: The issuance of new Ether on the Ethereum network increases market supply, potentially affecting the price.

2. Technological Developments and Upgrades

• Network Upgrades: Implementations such as Ethereum 2.0 (Eth2) and other protocol improvements can enhance network efficiency and security, boosting investor confidence and increasing the price.
• Innovation in Smart Contracts and DApps: New innovations and developments in smart contracts and decentralized applications (DApps) on Ethereum can attract more developers and users, increasing demand.

3. Macroeconomic Factors

• Economic Environment: Global economic conditions, inflation rates, and interest rate changes can influence investor interest in cryptocurrencies.
• Government Policies and Regulations: Changes in cryptocurrency regulations in different countries can affect Ethereum’s price. Strict regulations may lead to price drops, while lenient policies may push the price up.

4. Competition and Market Dynamics

• Competition from Other Cryptocurrencies: The performance and innovations of other blockchain platforms like Bitcoin, Cardano, and Polkadot can impact Ethereum’s market position.
• Market Sentiment and Emotions: Overall market sentiment and investor psychology can affect price fluctuations. Emotions like fear and greed can lead to significant market volatility.

5. Adoption and Usage

• DeFi and NFTs: The popularity and usage of decentralized finance (DeFi) and non-fungible tokens (NFTs) increase transaction volume and demand on the Ethereum network, affecting the price.
• Corporate Adoption: More companies and institutions adopting Ethereum technology and Ether as a means of payment can increase demand and raise the price.

6. Exchanges and Liquidity

• Exchange Activity: Trading volume, user numbers, and liquidity on cryptocurrency exchanges can influence Ethereum’s price.
• Market Manipulation: Manipulative actions by large investors or “whales” can also cause significant price volatility.

7. Global Events

• Black Swan Events: Unexpected global events like pandemics and wars can raise market risk aversion, affecting cryptocurrency market volatility.
• Technical Failures and Security Incidents: Technical failures or security breaches on the Ethereum network or major exchanges can directly impact the price.

8. Technical Analysis and Market Predictions

• Technical Analysis: Predictions and trading actions based on technical analysis and market indicators can influence short-term price fluctuations.
• Market Predictions and Media Reports: Expert predictions and media reports can shape public opinion and investor decisions, impacting market prices.

Understanding these factors can help investors and market participants better comprehend the reasons behind Ethereum’s price fluctuations and make more informed investment decisions.

What is Ethereum?

Ethereum is an open-source blockchain platform with smart contract functionality, created by programmer Vitalik Buterin in 2015. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum aims to run any program on its decentralized platform without censorship, downtime, or fraud. Key features and components of Ethereum include:

1. Smart Contracts

Smart contracts are self-executing contracts with terms directly written into code. They automatically execute when predetermined conditions are met, reducing the need for intermediaries and increasing transparency and efficiency.

2. Decentralized Applications (DApps)

Ethereum allows developers to create and deploy decentralized applications (DApps) on its blockchain. DApps are decentralized and immutable, applicable to various fields like finance, gaming, and social networks.

3. Ether (ETH)

Ethereum’s native cryptocurrency, Ether (ETH), is used to pay transaction fees (known as “Gas”) and serves as an incentive mechanism for miners and validators to maintain network security and stability.

4. Ethereum Virtual Machine (EVM)

The Ethereum Virtual Machine (EVM) is a Turing-complete virtual machine capable of executing smart contract code. EVM enables smart contracts written in any programming language to run on the Ethereum network.

5. Consensus Mechanism

Initially, Ethereum used a proof-of-work (PoW) consensus mechanism similar to Bitcoin. However, the Ethereum 2.0 upgrade is gradually transitioning the network to a proof-of-stake (PoS) mechanism, which improves energy efficiency and security by validating transactions through holding and “staking” Ether.

6. Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs)

Ethereum is a major platform for decentralized finance (DeFi) and non-fungible tokens (NFTs). DeFi applications include lending, exchanges, and stablecoins, while NFTs represent unique digital assets like art and collectibles.

Historical Milestones of Ethereum

• November 2013: The concept of Ethereum was first proposed by Vitalik Buterin in a white paper detailing a decentralized platform for executing smart contracts.
• January 2014: Vitalik Buterin officially announced Ethereum at the North American Bitcoin Conference.
• July-August 2014: Ethereum conducted its initial coin offering (ICO), raising over $18 million.
• July 30, 2015: Ethereum launched its first version, “Frontier,” a testing version for developers and enthusiasts to start using the Ethereum network.
• November 2015: Ethereum’s first hard fork, “Homestead,” took place.
• March 14, 2016: Ethereum upgraded to the “Homestead” version, marking the transition from experimental to production-ready.
• June 2016: The DAO, a decentralized autonomous organization, was hacked, resulting in the theft of 3.6 million ETH.
• July 20, 2016: To recover the stolen funds, Ethereum underwent a hard fork, splitting into Ethereum (ETH) and Ethereum Classic (ETC).
• May-June 2017: The ICO boom drove rapid Ethereum price growth as numerous projects conducted ICOs on the Ethereum platform, raising substantial funds.
• December 2017: Ethereum’s price surpassed $700 for the first time.
• January 2018: Ethereum’s price reached an all-time high of over $1,400.
• February 28, 2019: Ethereum successfully completed the “Constantinople” and “St. Petersburg” hard forks, introducing several improvements and optimizations.
• December 1, 2020: The Ethereum 2.0 beacon chain was launched, marking the first step towards transitioning to PoS.
• November 2021: Ethereum’s price reached a new all-time high of over $4,800.
• September 15, 2022: Ethereum completed “The Merge” upgrade, successfully transitioning from PoW to PoS consensus, a significant milestone for Ethereum 2.0.
• April 12, 2023: Ethereum completed the “Shapella” upgrade, including the Shanghai and Capella hard forks, further enhancing network performance and functionality.
• April 15, 2024: The Hong Kong Securities and Futures Commission approved the first spot ETF for Ethereum.
• April 24, 2024: The US SEC approved the first spot ETF for Ethereum.

FAQs about ETH to Euro Price

Learn More About Ethereum

Official Website: https://ethereum.org/

White Paper: https://ethereum.org/en/whitepaper/

Blockchain Explorer: https://etherscan.io/

Source Code: https://github.com/ethereum/ethereum-org-website