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1 ETH ≈ 2,224.37 USD *

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Ethereum (ETH) price performance.

The current Ethereum price is $2,224.37 as in the last 24 hours its value has changed by 18.71%. Ethereum ranks number 2 in terms of market capitalization. Ethereum is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems.

What Is Ethereum?

Ethereum is a decentralized blockchain that lets developers build applications and smart contracts without relying on banks or tech giants. These smart contracts are self-executing agreements written in code that allow transactions to happen automatically when conditions are met, removing the need for intermediaries. The technology Ethereum introduced has powered decentralized finance (DeFi), NFTs, and the Web3 movement, making ETH a key player in blockchain innovation. Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum was designed to go beyond Bitcoin’s simple transactions by creating a flexible, programmable network. Over the years, it has undergone major upgrades, most notably The Merge in 2022, which shifted Ethereum from proof-of-work to proof-of-stake. This change cut energy consumption by over 99%, and allowed holders to stake their ETH, thus helping secure the network while earning rewards. Ethereum operates its own Layer 1 blockchain, but Layer 2 solutions exist, for example Arbitrum and Optimism. These help scale the network by reducing fees and boosting the speed of transactions. Unlike Bitcoin with its fixed supply, Ethereum adjusts the volume of assets in circulation dynamically, burning a portion of transaction fees to help manage inflation. As adoption continues to grow, companies like Visa, JPMorgan, and even governmental bodies are exploring Ethereum’s use in payments and digital identity. With the continued development of blockchain technology, Ethereum remains at the forefront, driving the next generation of decentralized applications.

Optimize the value of your Ethereum.

Exchange

Swap assets for ETH with fixed price execution on Nexo’s crypto exchange.

Credit Line

Borrow funds from 2.9% interest without selling any of your Ethereum.

Nexo Card

Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.

Send Ethereum

Make free Ethereum transfers to your family or friends as long as they have a Nexo account.

Purchase ETH in 3 steps.

After verifying your account:

1. Select an asset

Click on the “Buy” button on your Dashboard and select the desired asset.

2. Enter an amount

Select the amount you want to buy and choose your payment method.

3. Complete the purchase

Preview your transaction details, and confirm the purchase. It's that easy!

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Why choose Nexo to buy Ethereum?

Buy seamlessly

Purchase ETH with card or bank transfer and get crypto cashback.

Optimal pricing

Get competitive rates across top 10 exchanges.

Peace of mind

Benefit from robust infrastructure built for long-term stability.

Earn Interest

Hit your long-term targets with up to 8% interest, while maintaining the value of your assets through consistent, compounding returns.

Find answers to all your questions about Ethereum.

What is Ethereum (ETH)?

Ethereum (ETH) is the native cryptocurrency of the Ethereum blockchain. Launched in 2015 by Vitalik Buterin and others, ETH functions as both a digital currency and a store of value, used to pay for network operations. As a decentralized digital asset, it powers smart contracts and dApps, making it a key component in decentralized finance (DeFi). Its versatility and robust community continue to drive innovation in the digital asset space.

How to mine Ethereum (ETH)?

Ethereum (ETH) mining used to require GPUs and mining software, but after Ethereum’s transition to proof-of-stake (PoS) in September 2022, mining is no longer possible. Instead, ETH can be earned through staking, where users lock up ETH in a validator node to help secure the network and earn rewards.

How to buy Ethereum (ETH) with a card?

You can buy Ethereum via credit and debit card, as well as cards linked to your Apple Pay or Google Pay account. To learn more about how to buy Ethereum via card, visit our dedicated Help Center article.

How to buy Ethereum (ETH) with a bank transfer?

You can transfer funds from your local bank to purchase Ethereum. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account. Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of ETH you want. To learn more about bank transfers, please check out our Help Center article.

How many Ethereum (ETH) is there?

As of May 9, 2025, there are approximately 120,731,250.41 Ether (ETH) in circulation. Unlike Bitcoin's fixed supply, Ethereum does not have a maximum cap on its total supply. However, mechanisms like EIP-1559, which burns a portion of transaction fees, can reduce the circulating supply over time.

How to stake Ethereum (ETH)?

To stake Ethereum (ETH), you can either run your own validator node with at least 32 ETH or join a staking pool with a smaller amount. Solo staking requires technical setup and continuous uptime, while staking pools or centralized exchanges offer an easier alternative. Staked ETH helps secure the network and earns rewards over time.

What is the smallest unit of Ethereum (ETH)?

Wei is the base unit used for transactions and smart contract calculations on the Ethereum network, similar to how satoshis (sats) are the smallest unit of Bitcoin. 1 ETH = 1,000,000,000,000,000,000 wei (or 10¹⁸ wei). Other common denominations include gwei (1 gwei = 1,000,000,000 wei), often used for gas fees.

When did Ethereum (ETH) reach its all-time high?

Ethereum (ETH) reached its all-time high of 4,878.26 on November 10, 2021.

What tools can help me with my crypto tax reporting?

We've partnered with Koinly, a leading crypto tax software provider, to help our clients easily track and report their Ethereum (ETH) and other crypto transactions. Through our platform's integration with Koinly, you can seamlessly import your ETH trading history and generate tax reports that align with your local tax requirements. Check out our guide on how to create a tax report via Koinly.

How does Nexo take care of my Ethereum (ETH)?

We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:

Strong 256-bit encryption and fraud monitoring mechanisms, ensuring the integrity of your funds.
ISO/IEC 27001:2013 accredited information management systems.
24/7 Client Care team providing personalized service that goes beyond the standard.

You can learn more about our fundamentals here.