Ethereum is the second cryptocurrency by the capitalization. As of 13:15 UTC, the weighted average rate of ETH, according to Coinmarketcap, was $ 519.85. Over the past day, the price of this cryptocurrency has grown by 10.17%, and over the last seven days this figure was 42.01%.
Ethereum's capitalization is also close to historical significance. At the moment it is estimated at $ 49.9 billion. Earlier today, the $ 11,000 mark exceeded the weighted average bitcoin rate, and also set new price records for Monero, Litecoin and Dash. The aggregate capitalization of the market for this hour is estimated at $ 338.9 billion, of which 54.9% account for bitcoin.
Ethereum is a platform for creating decentralized online-services based on the blockchain, working on the basis of smart contracts. Implemented as a single decentralized virtual machine.