Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $36,725,177,972 | Market Cap: $2,619,178,576,408
Ethereum
ETH
$3,512.45
Sector
Layer 1
Exchange Debut
2015-08-07
Market Cap
422,024,843,969
Maxim Supply
∞
Circulating Supply
120,151,114
Circ. Supply(%)
∞
Ethereum
ETH
Price
$3,512.45
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
5843544762
3525.4802371312
3440.568510441
Change 24h
Change 7d
Change 30d
0.9524
-7.7818
20.5726
Maxim supply
Circulating supply
Circulating supply(%)
∞
120,151,114
∞
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Ethereum cryptocurrency:
Ethereum, a leading figure in the realm of decentralized open-source blockchain systems, emerges with robust scores in our fundamental analysis. With a comprehensive final score of 9.24 out of 10, Ethereum presents itself as a promising proposition in the vast sea of cryptocurrencies. This fundamental analysis of the Ethereum cryptocurrency highlights the project’s distinct strengths across seven crucial criteria.
SOCIAL & MASS MEDIA: Score 9.3 out of 10
Ethereum’s fundamental analysis in the „Social & Media” category proves highly encouraging. The project showcases a remarkable ability to attract followers on its social media pages, scoring a perfect 10 out of 10. Likewise, Ethereum’s community activity and the size of communities on chat groups both shine, each scoring 9 and 10 respectively. This high engagement indicates a vibrant community that could drive future growth. Nonetheless, room for improvement exists in the activities of social media administrators, which scored a 5 out of 10.
AUDIT & SECURITY: Score 9.65 out of 10
The fundamental analysis of the cryptocurrency Ethereum reflects outstanding performance in audit and security. Ethereum’s transparency of information available to the public, as well as its liquidity on exchange, each secured a perfect score. Moreover, the audit results are also commendable, with a score of 9.5 out of 10, establishing Ethereum as a secure and transparent blockchain platform.
TOKENOMICS: Score 6.7 out of 10
When we consider tokenomics, Ethereum’s analysis reveals some areas why they cannot be overlooked. Inflationary nature of the project and the annual inflation rate makes it lose ground and makes it get lower scores. However, the decentralization of the money mass by Ethereum is highly recognized, getting a score of 8 out of 10.
ECOSYSTEM DEVELOPMENT: Score 10 out of 10
Ethereum shines brightly in the ecosystem development category. It meets its objectives successfully and plans to bring new developments to the project, both earning perfect scores. This points to a robust and growing ecosystem, solidifying the fundamental analysis of the cryptocurrency Ethereum.
TEAM & DEVELOPERS: Score 10 out of 10
The team and developers behind Ethereum deserve praise for their commitment to excellence, scoring a perfect 10 for both experience and the number of software developers. This high score supports Ethereum’s ability to innovate and respond to industry changes.
PRODUCT & UTILITY: Score 9.6 out of 10
The fundamental analysis of the cryptocurrency Ethereum showcases its valuable utility, with a perfect score in the product utility subcategory. However, the utility of tokens in the ecosystem can be enhanced further, reflected by a score of 9 out of 10.
PARTNERS & INVESTORS: Score 9.5 out of 10
In terms of partners and investors, Ethereum shines again. The number and capacity of investors, along with the quality of partnerships, score 9 and 10, respectively, showing the cryptocurrency’s substantial institutional backing.
Fundamental analysis of the Ethereum cryptocurrency – The final conclusion
Considering the scores obtained from the fundamental analysis, Ethereum emerges as a strong contender in the crypto space. Despite a lower score in the tokenomics category due to inflationary concerns, the platform demonstrates robustness in social & mass media, audit & security, ecosystem development, team & developers, product & utility, and partners & investors. The vibrant community, transparent security measures, experienced development team, and high utility of the platform create a promising investment opportunity. Nevertheless, potential investors should consider the risk associated with the project’s inflationary nature and potentially unstable tokenomics. These risks, however, are somewhat mitigated by Ethereum’s plans for ongoing development and improvements in its ecosystem.
Overall, the fundamental analysis of the cryptocurrency Ethereum shows that it possesses a dynamic ecosystem underpinned by an engaged community and a highly competent team. Its wide acceptance, notable partnerships, and investors further bolster its prospects. Therefore, Ethereum, despite some concerns, presents a compelling investment opportunity in the cryptocurrency landscape.
Introduction and Unique Features of Ethereum (ETH)
Ethereum is a decentralized open-source blockchain system that presents its unique cryptocurrency, Ether (ETH). A fundamental analysis of the Ethereum cryptocurrency recognizes its pioneering role in serving as a platform for numerous other cryptocurrencies and providing the capability for the execution of decentralized smart contracts. The key goal of Ethereum is to serve as a global platform for decentralized applications, promoting the creation and management of software resistant to censorship, fraud, and downtime.
Ethereum: Its Origins and Progression
Detailed in a 2013 whitepaper by Vitalik Buterin, Ethereum came into existence following a public crowd sale in 2014, a significant event in the fundamental analysis of the Ethereum cryptocurrency. Buterin and his co-founders secured a massive $18.3 million in Bitcoin for the Ethereum project. Given its ICO price of $0.311 and its current value, investors have seen an annualized ROI of over 270%, signifying nearly quadrupling investments yearly since 2014.
Noteworthy Milestones in the Ethereum Blockchain Journey
On July 30, 2015, the Ethereum Foundation officially unveiled the ethereum blockchain with its original prototype called “Frontier”. Since then, Ethereum has experienced various network updates, including “Constantinopolis” in 2019, “Istanbul” at the end of 2019, “Gletscher Muir” in early 2020, “Berlin” in April 2021 “London” hard fork in August 2021, and other subsequent updates.
Ethereum’s Standout Aspects: Smart Contracts and Token Hosting
A key innovation of Ethereum is the introduction of blockchain smart contract platforms. Smart contracts are automated contracts that fulfil an agreement among multiple online parties. Designed to reduce reliance on trusted intermediaries, smart contracts lower transaction costs and increase transaction reliability.
Ethereum’s capability to execute these smart contracts using its blockchain further enhances the smart contract technology benefits. Also, Ethereum’s blockchain hosts other cryptocurrencies, or „tokens,” due to its ERC-20 compatibility standard. Over 280,000 ERC-20-compliant tokens have been launched on this platform, including more than 40 within the top-100 cryptocurrencies by market capitalization, such as USDT, LINK, and BNB.
Ethereum’s Impact and Future Outlook
In evaluating the fundamental analysis of the Ethereum cryptocurrency, it’s worth noting its pivotal role in the digital asset space. The capacity to execute smart contracts, host a wide variety of tokens, and its commitment to evolving its network contribute to its substantial standing within the crypto ecosystem. With the rise of Play2Earn games, Ethereum’s market relevance continues to grow, as seen in the increasing demand for its exchange rates, such as the ETH to PHP price.
- Latest analysis update: June 14, 2023
Ethereum - ETH performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
