Assets, Ethereum

What Is Ethereum Transaction Volume?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is used to build decentralized applications (dapps) on its platform. These are open source and anyone can create and deploy a dapp on Ethereum.

The most popular dapp at the moment is Cryptokitties, which allows users to buy, sell, or breed digital cats.

The Ethereum platform is powered by ether, which is a cryptocurrency that can be used to pay for transaction fees and other services on the network.

NOTE: WARNING: Ethereum transaction volume can be highly volatile and risky. Investing in Ethereum can result in significant financial losses. Be sure to research the risks associated with Ethereum transactions before investing, and consult a financial advisor if you need further guidance.

The total number of ether that has been mined is over 95 million and the current supply is over 90 million. The total number of ether that will ever be mined is capped at 120 million.

The current price of ether is around $300, which means the total value of all ether in circulation is over $27 billion.

The total number of transactions on the Ethereum network in the last 24 hours was over 1.1 million.

The average transaction fee was around $0.21.

The total value of all transactions on the Ethereum network in the last 24 hours was over $2 billion.

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