Crypto
Ethereum price chart
This page shows ETH/USD, the price of one ether (the native asset of the Ethereum network) in US dollars, quoted as a spot price on the Bitstamp exchange.
Like bitcoin, ether trades continuously across many exchanges, so the chart here reflects Bitstamp's own order book rather than a single market-wide reference price.
Ethereum / US Dollar chart
BITSTAMP:ETHUSDSpot price on the Bitstamp exchange.
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At a glance
| Full name | Ethereum (ether) |
|---|---|
| Ticker/pair | ETH/USD |
| TradingView symbol | BITSTAMP:ETHUSD |
| Instrument type | Spot pair on the Bitstamp exchange |
| Reference market | Bitstamp |
| Quotation currency | US dollar |
| Market schedule | Continuous, 24/7 including weekends |
| Coverage | Global ether spot market, as reflected on Bitstamp |
| Status | Spot (not a futures, ETF or CFD) |
| Data delay | Bitstamp's feed is typically real-time on TradingView, but prices differ slightly between exchanges |
What is Ethereum / US Dollar?
Ethereum is a programmable blockchain platform that supports smart contracts — self-executing code that underpins decentralised finance, tokens and other applications. Ether (ETH) is its native asset, used to pay transaction fees, known as gas.
Since the September 2022 'Merge', Ethereum has secured its network using proof-of-stake rather than proof-of-work, meaning validators lock up (stake) ether to participate in consensus rather than mining with computing power. A portion of transaction fees is also burned, permanently removing ether from circulation.
How to read this chart
A rising line means ether is becoming more valuable in US dollar terms; a falling line the opposite. As with bitcoin, trading is continuous, so there is no formal session close and no weekend gap.
Because ether's supply is affected by both staking issuance and fee-burning, its circulating supply can rise or fall depending on network activity, which is a different dynamic from bitcoin's fixed issuance schedule. Prices can also differ between exchanges, and short-term volatility can be substantial.
What moves it?
- Staking dynamics
- The proportion of ether staked, and the yield offered to validators, affects available liquid supply and investor demand for holding ether.
- Fee burn
- Ethereum burns a base fee on each transaction; periods of high network usage can burn more ether than is newly issued, affecting net supply growth.
- Layer-2 and network activity
- Growth or contraction in usage of layer-2 scaling networks and decentralised applications built on Ethereum feeds through to demand for the underlying asset.
- Protocol upgrades
- Scheduled network upgrades can change fees, staking mechanics or scalability and are often accompanied by periods of elevated price sensitivity.
- Broader crypto risk sentiment
- Ether tends to move with the wider crypto market and with bitcoin specifically, alongside its own network-specific developments.
Why businesses and investors monitor it
Businesses building on Ethereum, holding ether as treasury, or exposed to decentralised finance activity track ETH/USD for cost planning and risk management. It is also used as a broad indicator of activity and confidence in the smart-contract platform sector.
This page is informational and does not constitute investment advice.
Ethereum vs bitcoin
Bitcoin and ether are the two largest cryptoassets by market capitalisation but serve different purposes: bitcoin is primarily positioned as a store of value with fixed supply, while Ethereum is a general-purpose platform for smart contracts and applications.
Comparing ETH/USD with BTC/USD (often expressed as the ETH/BTC ratio) is a common way market participants gauge relative demand for platform activity versus store-of-value demand.
Frequently asked questions
What is 'the Merge'?
The Merge was Ethereum's September 2022 transition from proof-of-work mining to proof-of-stake, in which validators stake ether rather than using computing power to secure the network.
What are gas fees?
Gas fees are payments made in ether to compensate the network for processing a transaction or smart contract, priced according to network demand.
Does Ethereum have a fixed maximum supply like bitcoin?
No. Ethereum has no hard supply cap; its circulating supply depends on the balance between staking issuance and the amount of ether burned in transaction fees.
Why is the chart based on Bitstamp specifically?
Bitstamp is one of the longest-running regulated exchanges offering an ETH/USD spot pair with a public TradingView feed; other exchanges may show slightly different prices.
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Sources
Written and maintained by the StandardsDesk editorial team. Last reviewed 2026-08-06. The explanatory text on this page is evergreen: it is not updated with market movements, and no current price or level is quoted anywhere outside the chart.
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