Bitcoin price and Ethereum soar to new all-time highs
In terms of comparison with other major cryptocurrencies, Ethereum's price has been closely tied to that of Bitcoin, the largest cryptocurrency by market capitalization. However, unlike Bitcoin, which is primarily used as a store of value and a means of payment, Ethereum has a broader range of use cases, including creating decentralized applications and smart contracts. This has led to more widespread adoption and demand for ETH, which has helped to support its price. Ethreum What is the difference between Ethereum and Ether?
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One of the major differences between Bitcoin and Ethereum’s economics is that the latter is not deflationary, i.e. its total supply is not limited. Ethereum’s developers justify this by not wanting to have a “fixed security budget” for the network. Being able to adjust ETH’s issuance rate via consensus allows the network to maintain the minimum issuance needed for adequate security. What is the Ethereum all time high?Ethereum Price Chart (USD)
* Please note that the rates shown with the Coinmama ETH converter do not include Coinmama's commission fee. Ethereum | Ether Ether has two purposes on the Ethereum network. First, it is used to pay transaction fees, and second, it is staked—held as collateral—for the privilege of being a network validator.
