Top Ethereum Ecosystem tokens by market capitalization
Ethereum Ecosystem contains 558 coins with a total market capitalization of $342.62B and an average price change of +7.32%. They are listed in size by market capitalization.
The Ethereum Ecosystem is a decentralized platform that allows developers to build and deploy smart contracts and decentralized applications (DApps). Launched in 2015 by Vitalik Buterin and his team, Ethereum aims to provide a more versatile and expansive use case compared to other cryptocurrencies. It operates based on its own native cryptocurrency, Ether (ETH), which powers the execution of these smart contracts. The Ethereum ecosystem includes various projects: decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs).
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| Name | Price | 24h (%) | 7D (%) | Market cap | 24h volume | Supply | Last 24h | Operation | |
|---|---|---|---|---|---|---|---|---|---|
 |  BarterBRTR | $0.001515 | -6.26% | -1.86% | $0 | $178.39 | 0.00 | ||
|  Dope Wars PaperPAPER | $0.001710 | +8.02% | -6.25% | $0 | $4,974.95 | 0.00 | ||
|  ThalesTHALES | $0.2671 | -7.93% | +19.37% | $0 | $157,805.97 | 0.00 | Trade | |
| $0.008163 | +6.92% | -7.56% | $0 | $6,904.68 | 0.00 | |||
|  AllbridgeABR | $0.1009 | +3.90% | +2.24% | $0 | $2,415.75 | 0.00 | ||
|  WELDWELD | $0.002437 | -0.49% | +2.93% | $0 | $4,728.79 | 0.00 | ||
|  DBXDBX | $0.{4}3487 | -0.13% | +55.90% | $0 | $336.85 | 0.00 |
FAQ
How is Ethereum different from Bitcoin?
Bitcoin and Ethereum both utilize blockchain technology but have distinct objectives. Bitcoin was created as a decentralized digital currency, while Ethereum's purpose is to offer a platform for creating and deploying smart contracts and DApps.
What is Ether token(ETH)?
Ether (ETH) is Ethereum's native cryptocurrency. It acts as the "fuel" for executing smart contracts and running DApps on the Ethereum platform, rewarding miners for ensuring network security and transaction validation.
How does Ethereum support Decentralized Finance (DeFi)?
Ethereum is the go-to platform for DeFi projects. It facilitates the development of decentralized financial tools and systems, such as lending and borrowing platforms and decentralized exchanges, eliminating the need for traditional intermediaries like banks.
What are Ethereum gas fees?
Gas fees on Ethereum represent charges users incur to cover the computational effort needed to validate and complete transactions on the network. These fees vary, rising with increased network demand.
Why are Ethereum gas fees so high sometimes?
Elevated Ethereum gas fees result from surges in network activity. As transaction numbers grow on the Ethereum network, the need for computational resources escalates, prompting users to pay higher fees for transaction prioritization. Spikes in trading, significant DeFi movements, or popular token launches often lead to such network congestion.
What are the scalability concerns regarding Ethereum?
Scalability denotes the network's capacity to manage an increasing volume of transactions efficiently. Currently, Ethereum can handle only a restricted number of transactions per second (TPS). This constraint occasionally results in network bottlenecks, prolonged transaction periods, and escalated fees. Ethereum 2.0 and Layer 2 solutions are in development to tackle these scalability issues.
Why are there so many meme coin projects within the Ethereum ecosystem?
The Ethereum ecosystem is a destination for meme coin projects due to its popularity and user-friendly token creation process. Meme coins, blending the nature of internet memes with the allure of cryptocurrency, easily catch attention and spread. The simplicity of crafting an ERC-20 token on Ethereum means anyone with a bit of technical knowledge can jump in. Further fueling their prevalence are hopeful investors chasing quick profits and enthusiastic communities backing these projects. Though meme coins offer an entertaining introduction to crypto, their volatile nature demands cautious investment.