Ethereum, a cryptocurrency based on open source Ethereum platform for writing and distribution of decentralized applications, has risen by 7% within 24 hours and reached all-time high of $400 at 10:49 UTC on November 23. The market capitalisation of the coin at this moment was $38,4 billion.
Ethereum is the cryptocurrency which has fast transfers and its price has mostly seemed to be quite stable not showing crazy spikes. As Bitinfocharts.com pie chart shows, the number of transactions Ethereum processed during past 24 hours is more than the number of transactions made by main cryptocurrencies all together within the same amount of time.
Cryptocurrencies transactions pie chart for November 23
Currently Ethereum is being actively traded at the following exchanges:
List of Ethereum Exchanges
The price and transactions increase of Ethereum was preceeded by the announcement of Ethereum developers who are looking to use code for their experimental Casper proof-of-stake protocol as the basis for a new test network. Moreover, on November 22 it came to light that a subsidiary of international banking giant Intesa Sanpaolo is showing interest in Ethereum derivatives.
At the moment of press, these are main market parameters of Ethereum:
- Average price: $394.51
- Marketcap: $37,834,598,658
- 24h volume: $1,346,990,000