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Ethereum ( ETH ) is one of the most influential crypto assets in the market, supporting a large number of decentralized applications, decentralized finance protocols, and the NFT market. Currently, the trading price of Ethereum on Gate is 4,236.42 USDT, with a change of -6.90% in the past 24 hours. This fall seems severe, but it reflects the broader fluctuation of the crypto market, where strong bull run phases are often accompanied by corrections.
In the past 24 hours, the trading price of ETH has fluctuated between 4,230.01 USDT and 4,575.14 USDT, with a trading volume exceeding 206,770 ETH. This liquidity indicates the active trading of Ethereum, making it one of the most stable yet dynamic digital assets.
Understanding the market role of Ethereum
Ethereum is much more than just a currency. Unlike Bitcoin, which primarily focuses on value storage and medium of exchange, Ethereum introduces smart