What is Ethereum (ETH)?

Ethereum is the world’s second-largest cryptocurrency, second only to Bitcoin. It is not only a digital currency but also an open blockchain platform that allows developers to build decentralized applications (dApps) on it. Compared to Bitcoin, Ethereum’s smart contract functionality enables its widespread application in fields such as decentralized finance (DeFi) and non-fungible tokens (NFTs).

Image:https://ethereum.org/en/

Ethereum Course Dollar Analysis

Ethereum cours dollar refers to the price of Ethereum denominated in US dollars. This price is the standard exchange rate when trading Ethereum in the global market and reflects the supply and demand of Ethereum in the market. Due to Ethereum’s high volatility, the changes in Ethereum cours dollar can be influenced by many factors, including the macroeconomic environment, market sentiment, technological upgrades, and global policies.

Current Ethereum Price

As of April 2, 2025, the price of Ethereum is around $1,867. It has dropped by more than half from its 2024 high. Although ETH has recently underperformed relative to BTC, technical indicators suggest a possible rebound in the market. Investors are advised to closely monitor market dynamics and technical indicator changes, make cautious decisions, and be aware of investment risks.

Figure:https://www.gate.io/trade/ETH_USDT

Factors Affecting Ethereum Price

Ethereum’s price is not static and is influenced by multiple factors. Here are some key factors:

• Market Demand and Supply: When the market demand for Ethereum increases, the price tends to rise. Especially when the DeFi and NFT markets are active, the demand for Ethereum is further driven.

• Global Economic Environment: Changes in global financial markets also affect cryptocurrency trends. For example, macroeconomic factors such as inflation and interest rate policies may impact Ethereum.

• Rise of Competitor Coins: Competitors of Ethereum, such as Binance Smart Chain (BSC) and Solana, may put pressure on Ethereum’s price.

Ethereum Price Prediction

Based on the Prophet model, which backtested data from the past 100 days, Ethereum’s price is predicted to show a downward trend in the next month, likely hovering around $1,750. (This model’s prediction does not serve as any investment reference; please trade cautiously and be aware of risks.)

How to Invest in Ethereum: A Beginner’s Guide

If you are new to cryptocurrency investment, investing in Ethereum could be a good choice. Below are some basic steps for investing in Ethereum:

1. Choose a Cryptocurrency Exchange: First, select a reliable cryptocurrency exchange such as Gate.io, register, and complete identity verification.
2. Purchase Ethereum: On the exchange platform, you can buy Ethereum using US dollars. Depending on the platform, you may choose payment methods such as bank cards, credit cards, or other options.
3. Store Ethereum: To ensure security, you can store Ethereum in your digital wallet instead of keeping it in a hot wallet on the exchange.
4. Monitor Market Trends: As the Ethereum market fluctuates, keep an eye on price changes and make timely investment decisions.