$ETH
Here's a brief overview of ETH:
• History: Ethereum was conceived by Vitalik Buterin, who published its whitepaper in 2013. Development was crowdfunded in 2014, raising 18.3 million in Bitcoin, with ETH selling for about 0.311 during its Initial Coin Offering (ICO).
The network officially went live on July 30, 2015. A significant event in its history was "The Merge" in September 2022, which transitioned Ethereum from a Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS).
• Supply: Ethereum's token economics, often called "Ultrasound Money," aim to balance security, sustainability, and scarcity. Unlike Bitcoin, there is no fixed maximum supply of ETH. Instead, it uses a dynamic "Burn and Issue" model. New ETH is issued to validators for securing the network, but a portion of transaction fees is permanently removed from circulation (burned) through the EIP-1559 upgrade. This means that when network demand is high, the amount of ETH burned can exceed the amount issued, leading to a net decrease in total supply, making it potentially deflationary.
• Distribution: As of February 15, 2026, the current total supply of Ethereum is approximately 120.69 million ETH. About 46.59% of the total supply was locked in the ETH 2.0 deposit contract as of January 2026 due to staking, which reduces sell pressure. Institutional holdings and treasuries are also accumulating ETH, with some reports indicating that treasuries and spot ETFs control over 10% of the total ETH supply. There's an ongoing trend of ETH moving off exchanges into staking and long-term custody, contributing to a tightening of liquid supply.
• Price (per today, February 15, 2026): The current price of Ethereum (ETH) is approximately 1,970.80 USD, though some sources show it fluctuating between 1,967.99 and 2,085.52 today. It has experienced a daily change of around -5.33%. The all-time high for ETH was 4,952 in August 2025.