PANews reported on June 6 that according to CoinDesk, a trader bought 61,000 ETH call options expiring at the end of June for more than $2 million at Deribit, with an exercise price of $3,200 and $3,400, betting that ETH would rise by more than 30% in three weeks. At present, the market's expectations for the upgrade of Pectra, the purchase of ETH by enterprises as a reserve asset, and the Ethereum spot ETF with staking mechanism have increased, driving the recovery of bullish sentiment.
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CoinDesk
Last month, CoinDesk reported that big money is becoming increasingly bullish on ether ETH, with price charts indicating a potential rally above $3,000.
New evidence has now emerged, supporting those claims.
On Thursday, a trader paid a premium of over $2 million to purchase a total of 61,000 contracts of June-end expiry ether call options at strikes $3,200 and $3,400, according to data source crypto options exchange Deribit.
Theoretically, the $3,200 call is a bet that ether's price will rise from the current $2,460 to over $3,200 by the end of the month. The purchase of the $3,400 call indicates expectations for a move above that level.
In other words, the trader anticipates a price surge of over 30% in three weeks.
A call option gives the purchaser the right but not the obligation to buy the underlying asset at a predetermined price at a later date.
A call buyer is implicitly bullish on the market and pays a premium for the asymmetric upside exposure. The premium paid, in this case, $2 million, is the maximum amount the buyer stands to lose in case the market doesn't rise as expected.
Stars align for bulls
The bullish flow is consistent with the renewed optimism among some analysts about ether's price prospects.
According to Youwei Yang, Ph.D., chief economist at BIT Mining, protocol upgrades, institutional moves, and anticipation around new financial products have all come together to restore investor confidence in ether.
Ether's parent blockchain, Ethereum, recently implemented the Pectra upgrade to enhance scalability, validator flexibility, and user experience, introducing key features like EIP-7702 to enable regular wallets to leverage smart contract capabilities.
"The Pectra upgrade, which went live on May 7, has been a key turning point. By raising the validator cap from 32 to 2,048 ETH and doubling blob throughput, Ethereum took a major step forward in both staking efficiency and Layer-2 scalability," Yang said in an email to CoinDesk.
"It’s a clear signal that the network is serious about scaling and improving its core infrastructure. That’s the kind of technical progress that brings not just developers, but also users and capital, back into the ecosystem," Yang added.
Yang cited SharpLink Gaming’s announcement that it would move $425 million into Ethereum as a treasury reserve asbold endorsement of ether as the corporate Treasury asset.
"It reminds us of the early wave of Bitcoin treasury adoption by corporates, and it could be just the beginning of something similar for ETH," Yang noted.
Lastly, speaking of institutional adoption, speculation has been circulating that U.S. regulators will soon approve a spot ether ETF with a staking mechanism, opening doors for institutions to take exposure to both the price and the staking yield, a feature missing in BTC ETFs.
Read more: Ether Favored Over Bitcoin by Big Money, Here Are 3 Clues That Point to ETH Bias in Crypto Market
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CoinDesk
A late-night Twitter spat between President Donald Trump and Elon Musk sparked fresh uncertainty in global markets, sending major cryptocurrencies tumbling and wiping out nearly $1 billion in leveraged bets.
Bitcoin BTC dropped below $101,000 overnight before bouncing modestly, with DOGE and ADA among the worst hit, down over 6% each in the past 24 hours. The CoinDesk 20 Index, which tracks the largest crypto assets, shed over 5%.
Data from CoinGlass shows that traders lost $988 million in liquidations — of which $888 million were long positions — indicative of a wipeout in bullish positions.
Exchanges like Bybit and Binance saw the biggest hits, with Bybit alone accounting for nearly $354 million in liquidations.
The liquidations largely hit major tokens, with bitcoin leading the pack at over $342 million liquidated in the past 24 hours, according to CoinGlass data.
Ether ETH followed with $286 million, reflecting the sharp sell-offs across the broader market.
Other tokens like Solana's SOL and Dogecoin DOGE saw $51 million and $27 million liquidated, respectively, as altcoin traders found themselves on the wrong side of the sudden downturn.
XRP XRP wasn’t spared either, with $23 million in positions wiped out. The data also shows that high-leverage plays on memecoins, such as 1000PEPE, added to the volatility, as traders rushed to exit.
Liquidations to the forced closure of a trader's leveraged position when they can no longer meet the margin requirements. This typically occurs when the price of the underlying asset moves against their position, causing them to lose a large portion, or all, of their initial investment.
A cascade of liquidations often indicates market extremes, where a price reversal could be imminent as market sentiment overshoots in one direction.
The sell-off comes as Trump accused Musk of going “crazy” and threatened to terminate government contracts with his companies, while Musk lashed back by linking Trump to Jeffrey Epstein’s files.
The clash overshadowed what had been a mostly bullish trend for crypto markets in recent weeks, intensifying a profit-taking bout from the start of this week.
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ChainCatcher 链捕手
Note: This article is a contribution and does not represent the views of ChainCatcher, nor does it constitute investment advice, please be cautious.
Reso is a one-stop infrastructure platform built for "decentralized AI", enabling AI development, training, deployment, and invocation to be efficiently and collaboratively completed in a decentralized manner without trust and privacy protection. Whether you are a data owner, model builder, or developer of AI applications, you can create and promote the entire AI ecosystem based on Reso to achieve more secure, multi-task parallel, and modular workflow management.
With the rapid development of AI technology, we are becoming more familiar with chatbots, intelligent assistants, and automated analytics systems. But have you ever wondered what challenges these powerful AI applications will face if they are connected to the Web3 world?
The answer is: traditional blockchains can't run AI.
Why is it so hard for Web3 to accommodate AI?
Blockchain systems like Ethereum weren't designed for AI. It's like a "shared computer" that can only process things step by step:
Each trade can only run for a short period of time;
Each block can carry a limited amount of computation and data;
Complex AI models take a long time, have many steps, and are highly interactive, and they simply can't fit into a transaction.
As a result, to run AI applications on-chain, developers have to break down a complete process into dozens or hundreds of steps, and rely on off-chain services to repeatedly trigger transactions, which is not only troublesome, but also insecure.
Reso Network: A blockchain execution engine tailored for AI applications
The requirements for computing resources and execution processes for AI applications far exceed the carrying capacity of existing blockchains. The birth of Reso is not to "hard-shoe-screw AI" on the traditional blockchain, but to redesign an execution platform that is more suitable for AI from the bottom. Its key core is a preemptive execution engine.
The preemptive execution engine allows a long-process task (such as model inference and data analysis) to be executed in segments on the blockchain by "pause-save-resume", just like the operating system scheduling applications in the background.
Let's take an analogy:
Traditional blockchain is like a brother who can only process one express order at a time, and the AI application is a large order that needs to run all over the city.
Reso's preemptive execution engine is like an intelligent logistics system equipped with a transit warehouse, which can set up checkpoints at each "intersection", temporarily store tasks, and wait for the right time to continue executing.
All intermediate states (data, progress) are stored by the "semi-persistent storage" on the chain and are automatically cleared, which not only saves resources, but also ensures security.
On traditional blockchains, transactions are instantaneous and must be completed once they are started or fail. But AI applications aren't button-based—they're like a process, a task, or even a conversation—it waits, decides, interacts, and continues.
Reso's real breakthrough lies in managing tasks as a "long-term process", just like an operating system management daemon, which can be suspended, woken up, and tracked at any time, rather than running and terminating all at once like ordinary transactions.
What Reso does is to make such "process-based tasks" atomically controlled on the chain, safely interrupted and resumed, and achieve fine-grained scheduling like an operating system. For the first time, Reso has given blockchains the ability to "run AI workflows."
Reso makes Web3 AI a real step forward
At present, the mainstream path of the so-called "AI on-chain" is to simply encapsulate existing AI models or services into Web3 applications, supplemented by token incentives or smart contract call interfaces. This approach seems to be quick, but in fact, it is a thirst-quenching solution, and it cannot solve the problem of incompatibility between blockchain and AI in architecture and logic.
Instead of putting AI on the chain, Reso redefines how blockchains should natively support AI. We don't act as a task broker, or just call a model or build a functional module, but comprehensively rewrite the underlying operation logic from the execution engine, storage structure, and task flow scheduling to create a truly "running" chain infrastructure for AI.
What does this mean for Web3?
When building AI projects, you don't need to worry about the underlying limitations and complicated infrastructure of the blockchain, Reso provides a one-stop technology stack;
You can focus on polishing your business logic and use your efforts on models and product experiences;
Everything runs on-chain, securely and transparently, without relying on centralized giants to provide services or computing power.
Reso's execution architecture has achieved a key breakthrough, making it the first blockchain platform capable of hosting a complete AI workflow, truly integrating training, deployment, inference, and collaboration on-chain. Complex intelligent applications can also be native to the chain, safe, efficient, and without relying on centralized tools. Reso is no longer just "invoking AI", but truly "carrying AI".
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PANews reported on June 6 that according to SoSoValue data, Ethereum spot ETF had a net inflow of $11.2587 million yesterday yesterday (June 5, Eastern time), and has recorded a net inflow for 14 consecutive days. Among them, BlackRock ETHA had a net inflow of $34.6548 million, the highest in a single day, and Fidelity FETH had a net outflow of $23.3962 million. So far, ETHA has a historical net inflow of $4.839 billion, FETH is $1.516 billion, and the total net asset value of Ethereum spot ETF is $9.546 billion, accounting for 3.3% of the market capitalization.
The current price of Ethereum is $2,463.40. Over the last 24 hours, Ethereum has decreased by -5.73%. It currently has a circulating supply of 120,722,022 ETH and a maximum supply of 120,722,022 ETH, giving it a fully diluted market cap of $297.21B. At present, Ethereum holds the 2 position in market cap rankings. The Ethereum/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Ethereum (ETH) is an open-source, decentralized blockchain network that builds on Bitcoin's blockchain innovation, with some significant differences and improvements. Its native coin, Ether, can be used for digital payments and functions as a software platform for creating and deploying immutable decentralized applications (DApps) or smart contracts.
Ethereum is the second largest cryptocurrency by market capitalization, second only to Bitcoin. Ethereum changed the cryptocurrency industry by introducing smart contract functionality to blockchain networks. Smart contracts allow users and developers to access emerging industries like decentralized finance (DeFi).
Because of the seemingly limitless possibilities of blockchain technology and smart contract functionality, Ethereum has produced several multi-billion dollar industries. These include DeFi, play-to-earn crypto gaming, and the wildly popular non-fungible token (NFT) industry. Today, the Ethereum blockchain is home to over 2,900 different projects and has processed over $11 trillion in value.
Like stablecoins, including Tether (USDT) and USD Coin (USDC), Ethereum's native token, Ether, is used to pay transaction fees when completing transactions on the network. It's also a currency exchange for digital assets stored on the blockchain, like NFTs. Following the Ethereum Merge, ETH will be used to secure the network and produce new blocks.
What sets Ethereum apart?
The Ethereum network is designed to serve as a global computer that anyone can use. It aims to give users complete control of their digital assets and allow them to access tools and services traditionally controlled by centralized entities.
For example, on the Ethereum blockchain, anyone can provide digital assets as collateral and take out an instant loan. In the traditional finance world, this process would be governed by the jurisdiction of a centralized company. With Ethereum, every aspect of this function is handled entirely by smart contracts on the blockchain. This removes the requirement for partial intermediaries.
The blockchain can also make any program censorship-resistant, robust, and less vulnerable to fraud by running and offering it on a distributed network of worldwide public nodes.
In the spirit of decentralized ownership, anyone can submit governance proposals that they believe can improve Ethereum for the collective good of the project. After a proposal is submitted, holders of the Ether token can vote on its outcome. By doing so, the Ethereum community is responsible for guiding developments to the network.
How does ETH work?
When the Ethereum blockchain was initially launched in 2015, it employed a Proof of Work (PoW) consensus algorithm. In this model, new ETH tokens were created and distributed to miners as rewards for producing new blocks and securing the network.
This means that high-powered computational hardware installations, called mining rigs, compete against each other to solve complex equations in the mining process. The first miner to solve the equation earns the right to lead the production of new blocks on the network and is rewarded with new tokens as an incentive. This is also the same model employed by the Bitcoin network.
The Ethereum blockchain also has an account-based architecture. An Ethereum account is essentially an entity that holds an Ether balance and can initiate transactions on the Ethereum blockchain. There are two types of Ethereum accounts.
The first is "external accounts", which users control and manage through their private keys. The second is "contract accounts", known as smart contracts, and it's governed by code. Both these accounts can hold, receive, and send ETH and other Ethereum tokens and interact with smart contracts deployed on the blockchain.
External accounts can initiate transactions with other external accounts and smart contracts. The smart contracts kick in only when interacting with external accounts or other smart contracts. They can only respond by triggering code (involving multiple actions), transferring tokens, or even creating new smart contracts.
Ethereum's technology
Unlike Bitcoin, which uses a distributed ledger, Ethereum employs a distributed "state machine." Ethereum's "state" at any given point is a large data structure incorporating accounts and balances and the "machine's state" at that time.
It also encompasses the ability to host and execute many low-level machine code. This "state" keeps changing from block to block, and the Ethereum Virtual Machine (EVM) defines the rules for changing it.
The Ethereum network has a host of use cases, with the ability to create and deploy smart contracts being central to all of them. This functionality allows developers to produce various decentralized applications on the platform, including crypto wallets, decentralized exchanges (DEX), DeFi protocols, NFT marketplaces, play-to-earn games, and more.
Ethereum token standards
Ethereum’s token standards, like ERC-20 and ERC-721, have been extensively used to create fungible and non-fungible tokens, therefore contributing to various multi-billion-dollar projects. ERC-721 standard-based NFTs, in particular, pioneered the NFT industry, which had a global market cap of $75.89 billion as of May 2024.
ERC-1155 is a token standard on the Ethereum blockchain that allows for the creation of fungible (identical) and non-fungible (unique) tokens within the same contract. This makes it a more efficient and flexible solution for developers to create and manage multiple types of tokens simultaneously. Meanwhile, ERC-777 brought "Hooks" to the Ethereum network. Hooks is a function that bundles the action of sending tokens and notifying a contract into one message, improving the efficiency of smart contracts. ERC-777 is also backward-compatible with the ERC-20 standard, which helps extend the functionality of ERC-20.
Any time users transfer ETH or Ethereum-based tokens or interact with any application hosted on the platform, they must pay ETH as gas fees. In the future, ETH will also be used for validation purposes on the new Proof of Stake (PoS) Ethereum blockchain, with active validators required to stake 32 ETH to qualify for the job.
What's the Ethereum Virtual Machine (EVM)?
Introduced in 2015, the Ethereum Virtual Machine (EVM) is the Ethereum blockchain's heart. EVM is the environment where all the Ethereum accounts and smart contracts reside. It's a computation engine — also known as a virtual machine — that functions like a decentralized computer housing millions of executable projects.
In other words, EVM makes up the bedrock of Ethereum's complete operating structure. As a single entity, EVM is simultaneously maintained by thousands of interconnected computers (nodes) running an Ethereum client.
What's the Ethereum Merge?
As Ethereum's demand grew, the network's core architecture also started showing signs of congestion, and the average gas fee per transaction rose significantly. Hence, one of the Ethereum blockchain's biggest challenges is its exorbitant gas fees at times of high network congestion. For example, in May 2021, the average cost for a basic transaction on the network was around $71.
Formerly known as Ethereum 2.0, the Ethereum Merge is a multi-year event that gradually moves the Ethereum blockchain from its PoW to the PoS consensus mechanism. While the transition will not instantly solve the high gas fees problem, it will make Ethereum a more environmentally friendly and efficient blockchain network.
In the PoW system, Ethereum miners compete with each other, using expensive computational resources, to add new blocks to the chain and earn ETH rewards in return. In the PoS model, however, they'll no longer need to mine the blocks.
Instead, they'll create and add new blocks when chosen to do so and validate others' blocks when not. To earn the right to become a validator, they must stake 32 ETH with the network. Furthermore, since there will be no competition between validators, they'll no longer require expensive and advanced hardware like mining rigs for the job.
Although the Ethereum team has been planning this transition since 2016, it initiated the process with its PoS Beacon Chain launch on December 1, 2020.
This marked phase zero of a three-phase process that will see Ethereum transitioning from a singular PoW chain to a multi-chain PoS network. Below are these three phases and how they intend to transform Ethereum.
Phase 0 (Beacon Chain)
This involved the launch of Beacon Chain, a PoS blockchain running parallel to the original PoW Ethereum mainnet. In addition, it laid the groundwork for future upgrades to Ethereum. As of writing, over 410,000 validators on Beacon Chain have staked over 13 million.
Phase 1 (The Merge)
Executed on September 15, 2022, The Merge involved merging the Beacon Chain with the existing Ethereum blockchain, entirely replacing the latter's PoW model with the former's PoS system. Post Merge, the original Ethereum blockchain has become the new network's "execution" layer, while the Beacon Chain has become its "Consensus" layer.
Phase 2 (Sharding)
Sharding was supposed to be the second and final phase of the Merge. The plan was to spread the network's load across 64 new shard chains. The current PoW Ethereum chain would have become one of the 64 shards, simplifying the process of running a mining node by reducing the data load. However, this plan was dropped from the roadmap due to the positive impact Layer-2 rollups have had on the network's scalability.
Instead, Ethereum Improvement Proposal (EIP)-4844 — also known as Proto-Danksharding — was introduced on March 13, 2024 as part of the Dencun Upgrade. One of Ethereum's most significant developments to date, the Dencun Upgrade was designed to reduce transaction costs and improve overall data throughput on the network. Proto-Danksharding supports the scalability fixes brought by Ethereum's various Layer-2 solutions, making it an adequate replacement for the shard chains originally proposed for phase two of the Ethereum Merge. Meanwhile, the Dencun Upgrade also brought 'blobs' to the network as an additional solution to Ethereum's scalability limitations. Blobs are large data structures that allow transactions to be settled at Layer-2, streamlining the network's operations and supporting future scalability improvements.
ETH price and tokenomics
In July 2014, the Ethereum Foundation launched the ETH initial coin offering (ICO). During this public sale event, roughly 60 million ETH was distributed to buyers at an initial exchange rate of 2000 ETH to 1 BTC. At the time, the Ethereum price was at approximately $0.31. Ether tokens were distributed to buyers at the genesis block of the Ethereum network.
When the Ethereum mainnet was launched, the initial supply of ETH tokens was approximately 72 million. While most of these tokens were allocated to early supporters, 16.73 percent of the supply was distributed to the Ethereum Foundation.
Since the genesis block of the Ethereum mainnet, roughly 48 million ETH has been added to the supply via token generation. New ETH tokens are generated and distributed to miners via block rewards, making Ethereum an inflationary cryptocurrency. While the EIP-1559 London Hard Fork update introduced some deflationary mechanics, these currently don't entirely offset the Ethereum inflation.
Emissions of Ethereum block rewards have been steadily declining over time. When the network was launched, new Ether was produced at 5 ETH per block. These rewards were given to miners as an incentive for securing the network and validating transactions. In October 2017, as part of the EIP-649 proposal, this emission rate was reduced to 3 ETH per block.
The ETH price reached its all time high of $4,878.26 on November 10, 2021, at the tail end of a bull market. 2022 saw the arrival of a protracted bear market for crypto, which lead the Ethereum price from its all time high down as low as $1,049.23 before the end of June 2022. The Ethreum price recovered but remained volatile into and throughout 2023, until the closing months of the year brought positive sentiment and a fresh bull market, helped by the arrival of a Spot Bitcoin ETF in January 2024. Following the Spot Bitcoin ETF's approval, there was much speculation around the possibility of an imminent Spot Ethereum ETF, which helped fuel an ETH price rise to $3,890 in early March 2024.
About the Spot Ethereum ETF
The possibility of a fully approved spot Ethereum ETF took a major step forward on May 23, 2024 when the U.S. Securities and Exchange Commission (SEC) approved issuers' 19b-4 filings. This development followed a remarkable about-turn in the spot ETH ETF story, as many commentators were bearish on the possibility of approval during 2024. The green light on the 19b-4 filings is by no means the final hurdle. Next, the SEC must approve issuers' S-1 filings before funds can be openly offered to interested traders. It's unclear when this final approval will occur, but many expect the process to take weeks or months.
Interest around a potentially sudden Spot ETH ETF approval brought additional volatility to ETH prices. Before the May 23 decision, the Ethereum price had already rallied by 25% in a 24-hour period during May 2024.
About the founders
The idea of Ethereum was initially described through a whitepaper written by Vitalik Buterin in late 2013, when he was just 19 years old. Before conceptualizing Ethereum, Buterin was an experienced programmer and developer who'd previously founded the Bitcoin Magazine news site.
Buterin believed that blockchain technology could be leveraged to build decentralized protocols and applications free from the control of central bodies. Buterin was an avid player of World of Warcraft, a popular online game. After its creators removed his favorite spell from the game, Vitalik decided that no single entity should have complete control over an application, thus forming the conception of the Ethereum blockchain.
Ethereum was officially announced in Miami, in January 2014, at the North American Bitcoin Conference. A group of eight individuals co-founded the project.
Russian-Canadian Vitalik Buterin was the most significant contributor and remained so. Gavin Wood of Polkadot (DOT) was the first Chief Technology Officer of the Ethereum Foundation. He coded Ethereum's first technical implementation in C++ programming language and created Solidity, the de facto programming language for creating Ethereum smart contracts.
Today, Solidity is considered the essential programming language for Ethereum applications and enjoys widespread usage on other blockchains that operate an EVM. In addition, Wood found his own alternative blockchain network Polkadot, which aims to remedy some of Ethereum's issues.
Another notable co-founder who is known for building other Layer 1 blockchains is Charles Hoskinson. Hoskinson eventually left the Ethereum project due to differences of opinion on the project's direction. However, he founded IOHK with Jeremy Wood, another early Ethereum colleague, and went on to develop the Cardano (ADA) blockchain.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 81K new posts about Ethereum, driven by 33K contributors, and total online engagement reached 34M social interactions. The sentiment score for Ethereum currently stands at 82%. Compared to all cryptocurrencies, post volume for Ethereum currently ranks at 125. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Ethereum.
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Posts
81,236
Contributors
33,197
Interactions
33,858,451
Sentiment
82%
Volume rank
#125
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Posts
62,491
Interactions
29,077,428
Sentiment
83%
Ethereum FAQ
What is Ethereum, and how does it work?
Ethereum is a decentralized, Layer 1 blockchain platform that allows developers to build and deploy dApps and smart contracts. In addition, since the Ethereum network is a fully decentralized public ledger, accounts can store digital assets such as cryptocurrency or NFTs. It works by using a network of computers to verify and validate transactions on the blockchain, and it uses its native cryptocurrency, ETH, as a means of payment for these transactions.
What is the difference between Ethereum and Bitcoin, and which one should I buy?
Ethereum and Bitcoin are decentralized blockchain platforms but have different features and use cases. Ethereum is designed for building and deploying decentralized applications, while Bitcoin is primarily used as a store of value or medium of exchange. Both cryptocurrencies have advantages and disadvantages, and buying either depends on your portfolio goals and risk tolerance.
What is the ETH price prediction?
While it’s challenging to predict the exact future price of ETH, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How can I store my Ethereum tokens?
OKX provides a multi-chain OKX Web3 Wallet with all OKX accounts that allows you to fully self-custody your tokens. You can store ETH or any other cryptocurrency for as long as needed. In addition, the OKX Web3 Wallet offers inbuilt access to hundreds of decentralized applications (dApps) and the OKX NFT Marketplace.
How much is 1 Ethereum worth today?
Currently, one Ethereum is worth $2,463.40. For answers and insight into Ethereum's price action, you're in the right place. Explore the latest Ethereum charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Ethereum, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ethereum have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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