Ethereum

$1,881.39
-$3.76(-0.20%)Today
Market cap
227.06B
Total volume (24h)
4.68B
Volume / Market cap
0.0206
Circulating supply
120.68M
Day range (24h)
$1,863.04$1,885.38
All-time low
$0.433
All-time high
$4,946.05

About Ethereum (ETH)

Current ETH Price: $1,881.39 | August 15, 2026  | Market cap: $227,057,994,007.

What is ETH?

Ethereum is a decentralized blockchain network and the world's leading platform for digital smart contracts, conceived in 2013 and launched in 2015. Its native token, ETH (pronounced "Eee-th"), acts like fuel that powers the entire ecosystem.

What is a smart contract?

A smart contract is a digital agreement written in computer code that lives on a blockchain like Ethereum.  It automatically does something when certain conditions are met. For example: If you send me 1 ETH, the smart contract instantly sends you a digital artwork (NFT). The code follows its programmed rules automatically, 24/7. No human involvement is needed.

Ethereum's network is a vast, secure, public ledger that records every transaction. Traditional smart contracts follow their original rules, and can’t be changed once executed. Upgradable smart contracts can be updated for new features or bug fixes.

What is Ethereum known for?

Ethereum powers the world's largest DeFi economy across 100+ EVM Layer 2 networks (L2s) and thousands of EVM-compatible chains, delivering 100,000+ TPS total capacity. It pioneered smart contracts (2015) and hosts the most active global developer community (60%+ market share).

Real-world Ethereum ecosystem performance:

- Base layer: ~15 TPS, battle-tested security

- L2s: Fast transactions

- Ecosystem: Thousands of decentralized applications, $2T+ all-time volume processed

Recent & planned upgrades: Pectra (live May 2025), Fusaka (live Dec 2025), Glamsterdam (live by mid 2026, with ePBS for MEV resistance), Hegota (live by 2026 with Verkle Trees for state growth).

How does DeFi impact the price of ETH?

Decentralized finance apps are one of Ethereum's top use cases today, and allow you to buy, sell, trade, and stake assets like ETH without intermediaries or banks. To start buying, selling, or trading ETH, all you have to do is connect to a leading crypto wallet like MetaMask.

DeFi is a global financial system, and an alternative to TradFi that is accessible to anyone with an internet connection, open 24/7 worldwide.

Price history

Today (August 15, 2026)$1,881.39-0.20%
24 hours ago (August 14, 2026)$1,885.16-0.20%
1 week ago (August 8, 2026)$1,917.83-1.90%
1 month ago (July 16, 2026)$1,919.79-2.00%
1 year ago (August 15, 2025)$4,633.97-59.40%

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ETH market moves

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24h change: -0.20%. From $1,884.42 to $1,880.65.

  • Developers are moving the Glamsterdam upgrade into its final stages with a target launch in Q3 or Q4 of 2026. It introduces enshrined proposer-builder separation to reduce risks from external block builders and improve MEV fairness. Block-level access lists will enable parallel execution, raise the gas limit toward 200 million, and support significantly higher throughput. These updates matter because they address scaling limits and could result in lower network fees for the transactions and dapps you use on Ethereum and its layer 2 networks.
  • Ethereum mainnet has lost liquidity to layer 2 networks largely due to cost differences. The Glamsterdam upgrade aims to deliver cheaper gas and greater capacity directly on the base layer. Community posts and reporting highlight expectations that fees could drop substantially and support more activity without shifting entirely to layer 2 solutions. This development is relevant if you regularly move assets or interact with applications across the Ethereum ecosystem.

24h change: +0.40%. From $1,879.42 to $1,886.94.

  • Vitalik Buterin published an updated version of his 2023 roadmap diagram showing significant shifts in priorities. New focus areas include strong privacy tools such as keyed nonces and lean privacy pools, aggressive scaling designs for post-quantum environments, and lean specifications to enable AI-assisted formal verification. The update also introduces concepts like new state types, blob and gas futures, native rollups, and specialized mechanisms that favor efficiency for high-impact use cases like token transfers and swaps rather than scaling all activity equally. These changes reflect Ethereum's maturing technical direction and will influence upcoming protocol upgrades.
  • The share of ETH being staked on the network has increased to 34 percent. A recent proposal targets adjustments to validator rewards and considers impacts on yields for large ETH treasury holders. Community discussions examine sustainable net yields for individual validators after hardware and operational costs, and whether high staking ratios could lead to greater centralization among large operators. These developments directly affect network security, ETH issuance dynamics, and incentives for participation in consensus.
  • Bitmine added 7,391 ETH in the past week, bringing its total holdings to 5.81 million ETH, though purchases slowed from prior weeks. Institutional products continue to evolve with moves such as Fidelity preparing to add staking and quarterly payouts to its ether ETF. Ethereum maintains leading positions in DeFi TVL, stablecoin settlement, and tokenized real-world assets. These flows and product developments highlight ongoing institutional engagement with the network.

24h change: -0.10%. From $1,882.01 to $1,880.13.

  • Ethereum developers are preparing the Glamsterdam upgrade scheduled for the fourth quarter of 2026. Key features include enshrined proposer-builder separation that lets validators safely outsource block building and block-level access lists that map dependencies upfront for faster syncs, parallel execution, and lower costs for state-heavy applications. These changes aim to improve efficiency and scaling on layer 1. The upgrade continues Ethereum's shift toward smaller, more frequent protocol improvements.
  • U.S. spot Ethereum ETFs recorded $14.6 million in net outflows on August 10, marking four consecutive days of withdrawals. This occurred while Bitcoin and Solana ETFs saw inflows on the same day. Fidelity has proposed adding staking and quarterly payouts to its nearly $900 million ether ETF. These flows reflect shifting institutional sentiment toward Ethereum products.
  • The percentage of ETH staked on the network has reached 34 percent. New proposals discuss adjusting validator rewards, ETH treasury yields, and potentially cutting issuance to zero if staked supply hits certain thresholds. Higher staking strengthens network security by reducing circulating supply. This level of participation shows sustained long-term holder commitment.

24h change: +0.40%. From $1,872.62 to $1,880.11.

  • Vitalik Buterin overlaid his 2023 roadmap diagram with the current strawmap and noted major priority shifts. Quantum safety has moved up significantly while new items like first-class privacy tools, native rollups, blob and gas futures, and lean specifications have been added. Some older ideas such as Verkle trees and certain EVM improvements have been deprioritized or replaced with superior constructions like unified state types and zkzk frames. These changes position Ethereum to be quantum-safe, privacy-first, secure, and highly scalable using STARKs and AI-assisted formal verification throughout the protocol.
  • Developers are progressing toward the Glamsterdam upgrade targeted for 2026 with focus on enshrined proposer-builder separation, block-level access lists, improved scaling and MEV fairness. This follows the 2025 Pectra upgrade and fits into a faster cadence of smaller, more frequent protocol updates. Glamsterdam aims to increase throughput, enhance execution efficiency and lay groundwork for further scaling while maintaining security. Hegota is expected later in 2026 to address additional state growth and node sustainability challenges.

24h change: -2.40%. From $1,918.03 to $1,872.00.

  • U.s. spot ethereum etfs saw roughly $245 million in net inflows for the week ending august 10 marking the best performance in four months. Blackrock's offering accounted for the large majority of these flows reversing recent trends. This institutional demand arrives as ether trades in a recent range between $1,750 and $1,980 with mixed on-chain signals from retail participants. The development reflects growing traditional finance interest in ethereum exposure through regulated products.
  • On-chain data shows large holders increasing ethereum positions near $1,900 with one wallet recently withdrawing over 9,000 eth from exchanges for self-custody and staking. This accumulation has occurred over recent weeks totaling significant volumes according to reports. Analysts interpret the behavior as a possible late-bear-market signal even as retail appears more cautious. The contrast between whale buying and current price action stands out in market commentary.
  • Ethereum developers have prioritized the glamsterdam upgrade for the first half of 2026 emphasizing layer 1 scalability with as many as 22 ethereum improvement proposals. This will be followed by the hegotá upgrade in the second half of the year targeting tighter layer 2 integration and decentralization improvements. The changes build directly on prior upgrades including pectra in 2025 and fusaka which introduced peer data availability sampling. Community discussion also covers staking proposals such as eip-8363 that have generated debate over impacts to defi and validator economics.

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ETH Sentiment

ETH updates powered by Brandwatch. Not financial advice. Last updated on June 16, 2026.

Bullish ETH indicators

As of 2026-06-16, ETH traded at $1,792.88, with 24h +1.74% and 7d +7.10%. 24h volume was $16.93B, and market cap was $216.37B.

ETH exchange reserves have hit a record low of 14.5M ETH, per CryptoQuant data (June 11). Supply on centralized venues continues moving to staking and corporate treasuries. Thinner exchange float may amplify price sensitivity if demand returns. (Source)

BitMine Immersion holds over 5.6M ETH, roughly 4.66% of global supply, per the company's disclosure (June 14). Total crypto and cash holdings reach $10.4B, led by the ETH treasury. Corporate accumulation may signal sustained institutional positioning. (Source)

Bearish ETH indicators

Spot ETH ETFs (exchange-traded funds) have shed billions in outflows alongside BTC products, per Benzinga (June 14). Year-to-date ETF demand contrasts with rising XRP fund inflows of $1.44B. Weak ETF flows could limit near-term ETH demand. (Source)

ETH trades below major resistance after a sharp June decline, per Crypto News Land (June 15). Binance dominates ETH derivatives with $5.49B open interest and 5.23M futures trades. Sellers retain control as consolidation holds near support. (Source)

DeFi (decentralized finance) TVL (Total Value Locked) has fallen to $72.5B amid security concerns, per DefiLlama-tracked protocol data (June 14). Roughly one-third of ETH supply remains staked despite the protocol-level decline. Lower TVL may weigh on ETH network fee revenue. (Source)

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