Core asset intelligenceETH · ethereum

Ethereum (ETH)

See persisted Ethereum market data with clear freshness, plus evidence-led context on ETH demand, staking, scaling, risks and published intelligence.

Persisted market observation

ETH market snapshot

Verified · stale
Price
$1,869
24h change
+0.20%
Market cap
$225.54B
Market rank
#2
24h volume
$6.83B

This is the last verified snapshot, but it is older than 6 hours and should not be read as a current quote.

Observed:

Source: CoinGecko market universe · retrieved · evidence artifact:sha256:2d31e6ccdd1002ad4d11f3c4672d3bb40e3679e1268d1bbfee27b6247f611e93

01

Overview

Ethereum is a programmable blockchain that executes smart contracts and records their state across a distributed validator set. ETH is used for transaction fees, validator staking and settlement within the network's application economy. Activity also extends to layer-two systems that publish data or proofs back to Ethereum, making base-layer and scaling-layer use important to distinguish.

02

Why Ethereum matters

Ethereum is a major settlement layer for stablecoins, decentralized finance, token issuance and rollups. Its fee market, staking system and scaling roadmap connect application activity with ETH supply and demand, but those links vary over time and should be assessed with network evidence rather than assumed from price action.

03

What can drive ETH

  • Demand for block space and data availability from applications and layer-two networks.
  • Staking participation, validator exits and changes to protocol issuance or fee burning.
  • Developer adoption, application liquidity and progress on the protocol scaling roadmap.
04

Risks and evidence limits

  • Smart-contract, bridge and application failures can cause losses without a failure of Ethereum itself.
  • Layer-two fragmentation and competition from other execution environments may alter where activity and fees accrue.
  • Validator concentration, client concentration and complex protocol upgrades create operational and governance risks.

Market price and network activity do not by themselves establish cause, value or future performance. Venue data can differ.

05

Published ETH intelligence

Published brief · 2026-07-27

WEMIX Says WEMIX$ Contract Authority Was Compromised

The project reported about 5.23 million unauthorized WEMIX$ and 724,198 USDC.e transferred out, while pausing bridges, liquidity pools and connected services.

Published brief · 2026-07-20

Allbridge Pauses Core Protocol After a Cross-Chain Exploit Estimated at $1.65 Million

Allbridge said it paused Allbridge Core after a security incident on its Solana deployment. Security firms put the loss at roughly $1.65 million and tracked the funds to Ethereum; the team posted a return address and says it aims to return all affected funds.

Published brief · 2026-07-20

Solana Leads the Majors Into Monday as Futures Open Interest Falls a Second Straight Window

Solana gained 1.07% and outpaced Ether and Bitcoin in the window ending 04:00 UTC Monday while Binance perpetual open interest fell another 1.67% — two consecutive windows of spot-led gains, with no verified catalyst.

Published brief · 2026-07-20

Ether Extends Its Gain on Bitcoin as Saturday's Futures Build Reverses

Ether added 0.69% and a further 0.43% against Bitcoin in the window ending 04:00 UTC Monday, but perpetual open interest fell from its Sunday peak — a spot-carried advance in a thin tape, not a leverage-led break.

Browse all published analysis →
06

Ethereum questions

What is ETH used for?

ETH pays network fees, secures proof-of-stake consensus through validator deposits and serves as an asset within Ethereum applications.

What is Ethereum staking?

Validators lock ETH and participate in proposing and attesting to blocks. Rewards and penalties depend on protocol rules and validator performance.

How do layer-two networks relate to Ethereum?

Layer-two systems execute activity away from the base layer and publish data or proofs to Ethereum under differing trust and withdrawal designs.

Can Ethereum fees and ETH price move independently?

Yes. Fees reflect current block-space demand, while market price also reflects liquidity, expectations and broader risk conditions.

How current is the market panel?

The panel discloses the exact persisted observation time and becomes visibly stale after the publication's six-hour freshness window.