Ethereum (ETH) traded 0% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on August 8th. Ethereum has a market capitalization of $231.98 billion and $5.02 billion worth of Ethereum was traded on exchanges in the last 24 hours. Ethereum has its own cryptocurrency, Ether, which is used to pay for certain activities on the Ethereum network. As there is no limit to what Ethereum can do, it allows for great innovation to happen on the Ethereum network. When you send ETH or use an Ethereum application, you’ll pay a fee in ETH to use the Ethereum network.