Assets, Ethereum

What Is 1 Ethereum Worth Now?

As of July 2020, 1 Ethereum is worth about $230. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.

The Ethereum blockchain is the largest and most widely used blockchain in the world. It is also the most popular platform for developers looking to build decentralized applications (dApps).

NOTE: WARNING: Please be aware that the value of cryptocurrencies such as Ethereum can be extremely volatile and unpredictable. The price of 1 Ethereum can change rapidly, so it is important to do your own research and understand the risks associated with investing in it before making any decisions.

The native cryptocurrency of the Ethereum blockchain is called ether (ETH). Ether is used to pay for transaction fees and gas costs on the network.

1 ETH is worth $230 as of July 2020. The price of ETH has fluctuated greatly since its launch in 2015. It reached its all-time high of $1,419 in January 2018 before crashing to $85 by December 2018.

The price then recovered slightly to $200 by June 2019 before beginning another decline and reaching $130 by December 2019. The price then began to recover in 2020 and reached its current price of $230 by July 2020.

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