Digital Asset Treasuries
How Bitmine could surpass its 5% Ethereum goal without buying more ETH
Bitmine stakes more than 5 million tokens, potentially generating enough annual rewards to materially close its 5% target.
Ethereum is a proof-of-stake blockchain for smart contracts and apps.
Ethereum
Trading Activity
Active
$11.66B traded Price signal supported
Trading Activity price-reliability indicator with 100 percent data coverage. Low activity replaces price-derived sentiment because the displayed market price may not be supported by meaningful trading. Peg Health
Watch
Target
Peg Health price-stability indicator with 0 percent data coverage. It measures observed market pricing, not reserve quality or redemption safety. Market Signal
Bullish
30D +30.3% 49.6% below ATH
Price-based current market conditions indicator with 100 percent data coverage. This is not a price forecast. $2,497.48
Updated Data via CoinMarketCap
- Market cap
- $304.76B
- Layer 1 Dominance
- 13.4%
- Volume (24h)
- $11.66B
- Supply
- 122M
- FDV
- $304.76B
Ethereum price chart
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Ethereum price prediction
See how Ethereum could move across bullish, bearish and black swan scenarios, with the evidence behind each range.
Published automatically
ETH prediction range
90-day price prediction
Actual Forecast median 50% 80% 95%
Explainable methodology
How this price prediction is built
CryptoSlate uses historical Ethereum price data and statistical models to estimate a range of possible future prices. The models account for both normal market movements and unusually large price swings, then test how well their predictions perform on past data. The forecast shows possible scenarios, rather than a guarantee or investment recommendation. An additional stress model estimates the potential impact of an extreme downturn.
Technical Details
The forecast combines a horizon-aware, drift-shrunk Student-t GARCH model, filtered historical simulation, and regularized quantile regression. Nonnegative model weights are learned from earlier Monday-UTC forecast dates without using future data. A 52-week embargo separates training from testing, followed by 10 held-out forecasts spaced 371 days apart. Performance is measured using CRPS and coverage diagnostics against a stronger predeclared simple baseline. An EVT model extends the downside tail for the black-swan stress scenario. Polymarket has zero weight in forecast.v1.
Price data CoinMarketCap, CryptoSlate
- Volatility baseline Models changing volatility and heavy-tailed returns with a Student-t GARCH process. 0.0% ensemble weight
- Historical simulation Replays filtered historical shocks to preserve non-normal moves without looking ahead. 100.0% ensemble weight
- Quantile estimates Uses regularized predictors to estimate the terminal distribution at multiple percentiles. 0.0% ensemble weight
Model sensitivities
- 30-day price momentum
Momentum shifts the regularized quantile component while shrinkage limits extrapolation.
- Volatility and fat tails
Higher conditional volatility widens both upside and downside predictive bands.
- Fixed-time prediction markets
The first release retains a zero-weight boundary until historical overlay validation is available.
Risks and limitations
-
Past market behavior may not represent a new market structure or regulatory shock.
-
The forecast targets one UTC terminal price and does not predict the full intraday path.
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Actual prices can finish outside every displayed interval.
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Non-overlapping labels reduce mechanical overlap, but regime dependence can persist and manual review remains required.
Validation evidence
- Backtest origins
An origin is a historical date when the model is tested as if it were issuing a live forecast.
Public raw backtest origins are fixed to Monday UTC to prevent schedule shopping, meaning results cannot be improved by choosing unusually favorable start dates. This horizon requires at least 2,714 continuous daily candles, including up to six days of weekday-alignment slack.
- Calibration and holdout
Calibration origins are earlier forecasts used to choose the ensemble weights. Held-out origins are kept separate and used only to evaluate the chosen model.
This run used 72 weekly calibration origins and compared weight selection with filtered historical simulation. An embargo then skipped 12 weekly dates, creating a deliberate gap before evaluation.
The final 20 held-out origins were issued 91 days apart across a 248-position validation span so their 90-day outcomes do not overlap.
- CRPS and confidence
CRPS stands for Continuous Ranked Probability Score. It measures the accuracy of the full probability forecast rather than a single price target; lower is better because it rewards both an accurate center and honest uncertainty bands.
The held-out point edge against the strongest simple baseline was -2.2%. The minimum one-sided 95% paired lower bound was -5.4%; this conservative check asks whether the measured advantage remains above zero after accounting for sample variation.
The monitoring target is a point edge of at least 2% and a positive lower bound against both GARCH and filtered historical simulation. These regime-dependent diagnostics remain advisory and do not interrupt publication.
- Simulation and reproducibility
A simulation path is one plausible 90-day price journey drawn by the model.
The published run used 2,000 paths for the displayed distribution and 2,000 paths at each backtest origin.
RNG seed 69,464,048,604,494,736 fixes the random-number stream so an identical run can be reproduced. It is deterministically derived from the frozen forecast.v1 production salt, horizon, asset ID, and modeled reference-close timestamp; candles, provenance, and market inputs do not select the random stream. The modeled reference close is timestamped 2026-09-06T23:59:59Z.
- Prediction-market overlay
No quality-qualified Polymarket evidence contributed to this forecast, so prediction-market prices did not move the published distribution.
Terminal scenarios
What the distribution implies
- Bullish scenario 59.5%$4,010 $3,507 to $4,895 corridor
The bullish scenario is the model P80 terminal estimate, with its P70-P90 corridor shown as a range.
- Bearish scenario 17.1%$2,085 $1,724 to $2,386 corridor
The bearish scenario is the model P20 terminal estimate, with its P10-P30 corridor shown as a range.
- Black swan stress 59.4%$1,021 Extreme-tail stress marker; not a precise probability claim
This stressed downside marker extends the fitted loss tail beyond ordinary simulations and should not be read as a precise probability forecast.
Stress assumptions
- Downside shock A clustered downside shock exceeds the model ordinary volatility regime.
- Liquidity stress Liquidity deteriorates while forced selling amplifies the daily tail loss.
- Tail extension The figure is an EVT stress extension, not a stated one-percent event probability.
Accountability
Published prediction history
Snapshots remain immutable so readers can inspect exactly what CryptoSlate published at each forecast date.
| Published | Target date | Median | 80% range | Status |
|---|---|---|---|---|
| $2,794 | $1,704–$4,845 | Target pending | ||
| $2,866 | $1,720–$4,856 | Target pending | ||
| $2,874 | $1,694–$4,972 | Target pending | ||
| $2,730 | $1,651–$4,634 | Target pending | ||
| $2,794 | $1,684–$4,931 | Target pending |
Probabilistic scenario analysis, not a guarantee or investment recommendation.
Trading Activity analysis
Why trading activity is active
Active 88 100% data coverage
Price signal unreliable $11,658,585,489.37 traded over the last 24 hours. The available activity evidence is sufficient to retain the asset’s price-derived signal.
Price support evidence
Reported volume45% weight 100 / 100
Valid-pair liquidity25% weight 71 / 100
Market-cap turnover15% weight 72 / 100
Exchange breadth10% weight 96 / 100
Quote freshness5% weight 100 / 100
Reliability decision
88 40 / 100 minimum
Price signal supported Trading evidence supports price-derived interpretation.
Activity evidence
- 24h volume
- $11.66B
- Turnover
- 3.83%
- Valid markets
- 10
- Active exchanges
- 9
Low activity can make the displayed price sensitive to a handful of trades. Trading Activity assesses price reliability—not project development, legal status, reserves, or solvency.
Price movement Not interpreted while trading support is below the reliability threshold.
Market context
Supporting only- Displayed price
- $2,497.48
- Market cap
- $304.76B
- Reported pairs
- 13,261
How Trading Activity is calculated
What it measures
The model combines reported 24-hour volume, market-cap turnover, valid-pair liquidity, active exchange breadth, and quote freshness. Missing optional evidence lowers coverage; missing volume or a known-stale quote suppresses price-derived interpretation.
Configured model weights
- Reported volume
- 45% weight
- Valid-pair liquidity
- 25% weight
- Market-cap turnover
- 15% weight
- Exchange breadth
- 10% weight
- Quote freshness
- 5% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
Scores of 0–19 are dormant, 20–39 are thin, 40–69 are supported, and 70–100 are active. Scores below 40 withhold price-derived interpretation.
Market Signal analysis
Why Ethereum is bullish
Bullish 73 100% data coverage
Price momentum across the scored timeframes supports the reading. The available evidence produces a bullish reading rather than a price forecast.
Score drivers
Momentum 55% weight +13 pts
Historical position 20% weight +9 pts
Milestone recency 15% weight +3 pts
Volume confirmation 10% weight 0 pts
Historical position
93% of log range
Log scale · formula input A complete ATL and ATH range is not available for this asset.
Momentum evidence
- 24H
- Down 0.66%
- 7D
- Up 3.07%
- 30D
- Up 30.30%
- 90D
- Up 49.85%
- 1Y
- Down 15.50%
Market context
Not directly scored- CEX volume (24h)
- $11.43B
- DEX volume (24h)
- $230.11M
- Total supply
- 122.03M
How this score is calculated
What it measures
The model converts price momentum, logarithmic historical position, milestone recency, and short-term volume confirmation into one 0–100 score. Missing evidence lowers data coverage instead of counting as neutral.
Configured model weights
- Momentum
- 55% weight
- Historical position
- 20% weight
- Milestone recency
- 15% weight
- Volume confirmation
- 10% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
50 is the neutral midpoint. Scores of 60 or higher are bullish, 40 or lower are bearish, and 41–59 are neutral.
Ethereum Markets
Showing 10 spot markets sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.
| Pair | |||||
|---|---|---|---|---|---|
| 1 | ETH/USDT | $2,497.11 | $551.12M | 1,034 | |
| 2 | ETH/USDC | $2,497.10 | $181.08M | 937 | |
| 3 | ETH/USD | $2,498.10 | $126.41M | 839 | |
| 4 | ETH/KRW | $2,530.28 | $42.19M | 651 | |
| 5 | ETH/USDT | $2,498.95 | $191.54M | 850 | |
| 6 | ETH/USDT | $2,499.91 | $150.89M | 822 | |
| 7 | ETH/USDT | $2,499.97 | $126.3M | 874 | |
| 8 | ETH/USDT | $2,496.75 Best price | $237.37M | 863 | |
| 9 | ETH/USDT | $2,500.24 | $66.5M | 765 | |
| 10 | ETH/USDT | $2,500.18 | $284.65M | 810 |
Affiliate Disclaimer: CryptoSlate may receive a commission when you click trading links on this page and complete an action with a third party. This does not influence our editorial independence or coverage.
Latest Ethereum news
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Layer-2
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Silicon’s shutdown gives users four months to unwind assets as liquidity disappears and the chain heads toward permanent closure.
Staking
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Ethereum Price Today
Ethereum is trading at $2,497.48 as of Sep 7, 2026, reflecting a -0.66% change over the past 24 hours. ETH’s market capitalization stands at $304.76B.
Over the past seven days, Ethereum has moved +3.07%, while the 30-day trend shows a +30.30% shift. Trading volume over the past 24 hours reached $11.66B, indicating a +31.98% change in market activity. Ethereum is currently 49.58% below its all-time high, with an all-time high of $4,953.73 recorded on Aug 24, 2025. The reported circulating supply is 122.03M ETH.
About Ethereum
Ethereum is an open, decentralized blockchain network and software platform designed to run smart contracts—programs stored on the network that execute according to their code. Ethereum refers to the network and its shared computing environment, while ether (ETH) is its native asset. ETH is used to pay transaction and computation fees, stake in support of network security, and transfer value within Ethereum-based applications.
Vitalik Buterin conceived Ethereum in late 2013 and wrote the original whitepaper. The early founding group expanded to eight co-founders: Buterin, Gavin Wood, Joseph Lubin, Jeffrey Wilcke, Mihai Alisie, Anthony Di Iorio, Amir Chetrit, and Charles Hoskinson. Their contributions included protocol design, client software, funding, organizational work, and the creation of Ethereum’s early technical specifications. The Ethereum Foundation was established in Switzerland in 2014, a crowdfunding campaign supported development, and the network launched on July 30, 2015.
Ethereum provides permissionless infrastructure for developers to create composable tokens and decentralized applications. Its major use cases include decentralized finance, stablecoins and payments, digital collectibles and other tokenized assets, gaming, decentralized organizations, identity systems, and settlement for layer 2 networks. Users typically interact through a wallet, while developers deploy applications to the Ethereum Virtual Machine. No founder or company owns the network; protocol changes are coordinated through open-source development, Ethereum Improvement Proposals, client teams, node operators, and validators.
How Ethereum works
Ethereum is a distributed state machine. The Ethereum Virtual Machine (EVM) applies the same execution rules across network nodes, allowing smart contracts to update balances, data, and application state without a central operator.
Ether (ETH) is the network’s native asset. It pays for computation and data through gas fees, and it is also the asset validators stake to participate in proof-of-stake consensus.
Proof-of-stake security
Ethereum has used proof of stake since The Merge on September 15, 2022. A solo validator deposits 32 ETH and runs execution, consensus, and validator software to check blocks, attest to the chain, and occasionally propose new blocks.
Validator rewards compensate correct participation. Protocol penalties and slashing put staked ETH at risk when validators go offline for extended periods or sign conflicting messages.
Fees and ETH supply
Users pay gas for transactions and smart-contract execution. EIP-1559 introduced a protocol base fee that rises or falls with block demand and is burned, while transaction tips may go to block proposers.
New ETH issued to validators and ETH removed through base-fee burn both influence supply. Because those quantities vary, Ethereum does not have a fixed inflation rate or a fixed maximum supply.
Scaling through rollups
Ethereum’s scaling roadmap relies heavily on layer 2 rollups, which execute batches of transactions away from mainnet and use Ethereum for settlement and data availability. Rollup designs differ, so their security assumptions and withdrawal mechanics are not identical.
Proto-danksharding introduced temporary data blobs that give rollups a less expensive way to post data. Full danksharding remains a multi-phase roadmap goal rather than a completed feature.
Token standards and applications
Ethereum token standards give applications common interfaces. ERC-20 defines fungible tokens, ERC-721 defines non-fungible tokens, and ERC-1155 supports multiple token types within one contract interface.
These standards support wallets, exchanges, lending markets, stablecoins, collectibles, games, governance systems, and other applications. Application-level smart-contract risk remains separate from the security of Ethereum’s base protocol.
Ethereum timeline
Vitalik Buterin published the original Ethereum whitepaper, outlining a programmable blockchain for smart contracts and decentralized applications.
The Ethereum Foundation formed and launched a crowdfunding campaign to support development of the network.
The Frontier release launched Ethereum mainnet, giving developers the first live version of the network.
The Beacon Chain reached genesis, beginning Ethereum’s staged transition toward proof-of-stake consensus.
The London upgrade activated EIP-1559, introducing a dynamic base fee that is burned.
The Merge replaced proof-of-work mining with proof-of-stake consensus and reduced Ethereum’s energy consumption by about 99.95%.
The Shanghai-Capella upgrade, commonly called Shapella, enabled validators to withdraw staked ETH and rewards.
The Cancun-Deneb upgrade, known as Dencun, introduced proto-danksharding blobs to reduce rollup data costs.
Ethereum Links & Resources
- Website
- ethereum.org
- Whitepaper
- Whitepaper
- Explorer
- etherscan.io
- Wallets
- Exchanges
Ethereum Token Contracts
Ethereum Technical Details
Native asset Ether (ETH)
Mainnet launch July 30, 2015
Consensus Proof of stake
Execution environment Ethereum Virtual Machine (EVM)
Solo validator deposit 32 ETH
Fee mechanism EIP-1559 base-fee burn
Rollup data Proto-danksharding blobs
Ethereum ICO Details
Ethereum launched its token sale on Jul 22, 2014, completed it on Sep 2, 2014, raised $15.57M USD from 6041 contributors.
ICO start date Jul 22, 2014
ICO end date Sep 2, 2014
Total raised $15.57M USD
Contributors 6041
Total supply 50,000,000 ETH
ICO conversion 1 ETH = $0.31 USD
Ethereum FAQs
Ethereum FAQs
What is Ethereum?
Ethereum is an open, programmable blockchain and distributed state machine. Developers use its Ethereum Virtual Machine to deploy smart contracts and decentralized applications.
What is ETH used for?
ETH pays gas fees for transactions and smart-contract execution. Validators also stake ETH to help secure Ethereum’s proof-of-stake consensus.
Does Ethereum still use mining?
No. The Merge replaced proof-of-work mining with proof-of-stake validation on September 15, 2022.
How much ETH is required to run a validator?
A solo validator deposits 32 ETH. Running a non-validating Ethereum node does not require ETH, and third-party staking arrangements may use different minimums and risks.
How does Ethereum scale?
Layer 2 rollups batch transactions outside mainnet and use Ethereum for settlement and data availability. Proto-danksharding blobs reduce the cost of posting rollup data.
Does ETH have a fixed maximum supply?
No fixed maximum supply is defined. Validator issuance adds ETH, while the EIP-1559 base-fee mechanism burns ETH, so net supply changes depend on network conditions.
Ethereum Market Data
What is the price of Ethereum today?
As of Sep 7, 2026, Ethereum trades at $2,497.48.
What is the market cap of Ethereum?
Ethereum has a market capitalization of $304,759,416,008.23.
What is the 24-hour trading volume of Ethereum?
Ethereum has a 24-hour trading volume of $11,658,585,489.37.
What is the all-time high of Ethereum?
Ethereum reached an all-time high of $4,953.73, recorded on Aug 24, 2025. It is currently 49.58% below its all-time high.
What is the all-time low of Ethereum?
Ethereum recorded an all-time low of $0.42, recorded on Oct 21, 2015. It is currently 593.27 thousand percent above its all-time low.
Ethereum Organization and Team
The Ethereum Foundation (EF) is a non-profit organization that supports the research, development, and ecosystem growth of the Ethereum protocol and its wider community.
- Registered in Switzerland
