
Ethereum is a programmable blockchain platform that enables developers to deploy and run smart contracts within its environment. Smart contracts are self-executing code protocols designed to facilitate transactions or business logic without the need for intermediaries. ETH is the native asset of the Ethereum network, used to pay gas fees—the costs associated with computation and storage for transactions and contract execution. ETH also serves as the staking and incentive asset for validators on the network.
Ethereum's price in euros is constantly updated and should be referenced from the latest trade price on the ETH/EUR trading page at Gate. As of 2026-01-22, if the main spot pair displayed is ETH/USDT, you can convert ETH's price to euros using the prevailing exchange rate: ETH price in EUR ≈ ETH price in USD ÷ (USD per EUR). Note that exchange rates fluctuate with market conditions.
Market capitalization is calculated as price multiplied by circulating supply and is a key metric for measuring asset scale. Ethereum does not have a fixed maximum supply; its circulating amount is influenced by both issuance and burning. As of October 2024, on-chain statistics show ETH's circulating supply is around 120 million (source: Etherscan statistics, 2024-10). Since the introduction of EIP‑1559, a portion of transaction fees are burned, while block rewards under Proof of Stake are earned by validators. Together, these mechanisms can lead to a low or even negative net issuance during periods of high on-chain activity (source: Ethereum.org documentation, 2024-10).
ETH’s price and market cap fluctuate due to multiple factors, including macro liquidity, interest rates, technical upgrade progress, on-chain activity, and regulatory changes. For up-to-date data, refer to the Gate market page and consider current euro exchange rates when interpreting "Ethereum euro price."
Ethereum was conceptualized by Vitalik Buterin in 2013, with a whitepaper outlining its vision for a programmable blockchain. The core team began development soon after, and the mainnet officially launched in 2015. Since then, Ethereum has undergone multiple upgrades, including “The Merge,” which transitioned its consensus mechanism from Proof of Work to Proof of Stake. This background established Ethereum’s role as a general-purpose computation platform (source: Ethereum.org timeline, 2024-10).
Ethereum operates through the Ethereum Virtual Machine (EVM), which executes smart contracts. The EVM provides a standardized runtime environment to ensure that all network nodes arrive at the same result when executing contract code. Every transaction requires a gas fee, which is determined by market demand and paid in ETH.
On the consensus layer, Ethereum uses Proof of Stake (PoS). Validators stake ETH to participate in proposing and validating blocks; correct behavior earns rewards, while malicious actions can result in staked assets being slashed. PoS enhances energy efficiency and leverages economic incentives to maintain network security.
To improve scalability and lower transaction fees, Ethereum’s ecosystem has developed various Layer 2 scaling solutions such as rollups. Rollups batch many transactions off-chain and submit aggregated data or proofs back to the main chain, balancing security and efficiency. Users transacting on Layer 2 still rely on the main chain’s security guarantees.
Ethereum is ideal for building decentralized applications (dApps), with typical use cases including:
Wallets are used to manage private keys and initiate transactions. Private keys serve as proof of asset ownership; mnemonic phrases are backup representations of private keys and must be securely stored offline.
Hot wallets are typically browser extensions or mobile apps suited for daily use—common among EVM-compatible wallets. Cold wallets are usually hardware devices that stay offline for greater security, making them better for long-term storage or large amounts. It’s recommended to use hot wallets for small amounts or frequent transactions, while cold wallets are preferable for primary asset storage.
For scaling, Layer 2 solutions such as rollups reduce transaction costs and increase speed. Users may need to bridge assets between the main chain and Layer 2; always verify contract addresses and official portals before bridging, review contract audits and withdrawal mechanisms, and remain vigilant against user error or smart contract risks.
Step 1: Register a Gate account and complete identity verification (KYC). Enable two-factor authentication (2FA) and anti-phishing codes to enhance login and trading security.
Step 2: Prepare funds. If depositing euros, use fiat channels to add EUR balance; if trading via ETH/USDT pairs, you can purchase USDT with bank cards or fiat gateways as your trading capital.
Step 3: Search for “ETH” on Gate to access the spot trading area. If ETH/EUR is available, you can directly place buy orders; if trading mainly against ETH/USDT, hold USDT first before placing orders in that pair.
Step 4: Choose your order type. Limit orders let you specify your desired buy price—suitable for patient buyers—while market orders execute instantly at the best available price. Confirm your order quantity and fees before submitting.
Step 5: Withdraw and store your ETH after purchase. You can transfer ETH to your personal wallet—hot wallets offer convenience; cold wallets provide greater security. Back up your mnemonic phrase offline, enable withdrawal whitelists, and set up withdrawal notifications.
Step 6: Maintain ongoing security measures. Regularly check your account security settings, update passwords, beware of phishing sites or fake airdrops, and always verify contract addresses from official sources before interacting with smart contracts.
Ethereum is a programmable public blockchain platform where ETH functions as both settlement asset and network fuel. Its unique supply model is defined by PoS consensus combined with EIP‑1559 burning. Ethereum has widespread applications across DeFi, NFTs, stablecoins, and more. For real-time euro pricing, always reference Gate’s ETH/EUR market data or convert from ETH/USDT using current exchange rates—understanding both market cap and circulating supply dynamics. Beginners should start with small amounts, prioritize limit orders, securely store private keys/mnemonics, consider cold wallets for added safety, and keep account security measures enabled. The long-term value of Ethereum depends on developer activity, Layer 2 scaling adoption, application demand, regulatory landscape, and individual risk tolerance—always evaluate your portfolio allocation accordingly.
Ethereum’s euro price is influenced by three main factors: first, fluctuations in ETH’s own market price; second, changes in the euro-to-dollar exchange rate; third, regional supply-demand dynamics within Europe. For example, increased ETH buying by European institutions can push euro prices higher; the reverse leads to declines. When checking prices on platforms like Gate, always distinguish between spot crypto prices and current fiat exchange rates.
ETH/EUR prices can vary across exchanges mainly due to differences in liquidity, trading depth, fee structures, and local supply-demand conditions. For instance, European exchanges may offer deeper euro liquidity with prices closer to mid-market rates. Major platforms like Gate typically provide more stable and transparent pricing.
You can monitor ETH/EUR prices using several methods: consult live charts on exchanges like Gate for real-time quotes and candlestick data; set price alerts to receive notifications at target prices; or use euro conversion tools on data sites such as CoinMarketCap or CoinGecko. Comparing multiple sources provides a more accurate market picture.
When converting from USD to EUR prices for ETH, pay close attention to real-time exchange rate fluctuations—they directly affect your final euro price. Avoid relying on fixed rates since EUR/USD rates change daily. Platforms like Gate will automatically apply current rates during transactions; if converting manually, always check the latest rates to avoid mispricing.
To purchase ETH with euros in Europe:
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