The edge that pays for itself.
Electroneum (ETN) Price
Electroneum Price
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| Biconomy.com | ETN/USDT | 0.00 | 63.64 | 608.36 | 223,413.45 | 0.05 | cex | 148.00 | 7/9/2025, 6:15 AM |
| GroveX | ETN/USDT | 0.00 | 28,823.45 | 15,067.33 | 174,506.56 | 0.01 | cex | 187.00 | 7/9/2025, 6:18 AM |
| MEXC | ETN/USDT | 0.00 | 238.61 | 152.45 | 112,319.41 | 0.00 | cex | 153.00 | 7/9/2025, 6:18 AM |
| KuCoin | ETN/USDT | 0.00 | 1,166.02 | 1,075.22 | 105,959.45 | 0.00 | cex | 220.00 | 7/9/2025, 6:23 AM |
| Gate | ETN/USDT | 0.00 | 147.91 | 75.10 | 98,346.73 | 0.00 | cex | 161.00 | 7/9/2025, 6:23 AM |
| HTX | ETN/USDT | 0.00 | 1,430.41 | 1,388.27 | 74,765.02 | 0.00 | cex | 94.00 | 7/9/2025, 6:23 AM |
| CoinEx | ETN/USDT | 0.00 | 10.83 | 972.26 | 2,714.07 | 0.00 | cex | 10.00 | 7/9/2025, 6:23 AM |
| ProBit Global | ETN/BTC | 0.00 | 0.00 | 0.00 | 20.99 | 0.00 | cex | 1.00 | 6/13/2025, 10:06 AM |
| ProBit Global | ETN/USDT | 0.01 | 17.35 | 4.06 | 1.00 | 0.00 | cex | 8.00 | 7/9/2025, 6:15 AM |
| Bitbns | ETN/INR | 0.00 | 0.00 | 0.00 | 0.90 | 0.00 | cex | 1.00 | 7/9/2025, 6:21 AM |
Electroneum FAQ
Electroneum is a Layer 1 EVM-compatible blockchain, serving over 4 million users globally. The network offers transaction speeds of just 5 seconds with instant finality and potentially the market's lowest smart contract fees. Utilizing the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism and supported by recognized validators targeting universities and Web3 infrastructure companies, the network is notably fast, secure, and energy-efficient. For several years, ETN has formed the backbone of AnyTask.com, enabling the platform to leverage blockchain technology to provide a fairer and more efficient experience for freelancers worldwide.
Electroneum Ltd. was established in 2017 by British entrepreneur Richard Ells. Ells is also the proprietor of Retortal, a social media management platform tailored for businesses within the direct selling industry, and he co-founded SiteWizard, a digital agency where he continues to serve as a director. Additionally, in 2019, he launched AnyTask.com, a thriving freelance platform in the cryptocurrency sector.
In early 2024, Electroneum launched its ‘Aurelius’ blockchain update, transforming into a Layer 1 EVM-compatible blockchain. The network features industry-leading speed, security, and efficiency, utilizing a unique approach to the IBFT consensus mechanism, supported by known validators. Transactions on this blockchain are completed in just five seconds with instant finality, while smart contracts can be deployed and executed at potentially the lowest cost available in the current blockchain market. The network has demonstrated its effectiveness over the years by serving as the backbone for the ETN-Network, which now supports over four million users globally, as well as AnyTask.com, which assists more than 15,000 professionals in over 140 countries. AnyTask.com offers a distinct approach to contemporary freelance platforms by enabling freelancers to receive payments in ETN, thus bypassing the need for a bank account—an issue affecting 1.4 billion people (World Bank, 2021). The Electroneum blockchain is powered by the IBFT consensus mechanism and maintained by a group of known validators. Before the recent ‘Aurelius’ update, Electroneum introduced its ‘Proof of Responsibility’ update, which involved integrating a group of NGOs into the validator program. This innovative strategy provided NGOs with a new funding channel to support both new and ongoing charitable initiatives. This program remains active and, with the introduction of the ‘Aurelius’ update in early 2024, has expanded to include universities and Web3 infrastructure companies. In conclusion, Electroneum is a Layer 1 EVM-compatible blockchain with a proven history, supported by a solid founder, company, and a network of known validators. With industry-leading capabilities in speed, security, energy efficiency, and cost-effectiveness, Electroneum is an ideal choice for any developer or organization seeking to create blockchain solutions. For the latest information, refer to Eulerpool.
Electroneum's total and circulating supply is capped by Electroneum Ltd. and will never surpass 21,000,000,000 ETN. As of April 12, 2024, there were 17,969,620,855 ETN in circulation, accounting for 85.5% of the total supply.
Electroneum employs the IBFT consensus mechanism alongside a group of identified validators, providing numerous benefits when compared to other blockchains. Primarily, it ensures immediate block finality, allowing transactions to be completed in just five seconds. This is accomplished by submitting only a single block proposal per chain height, eliminating the complexities of forking and the risk of transaction reversals. Consequently, block forgery becomes extremely difficult, as it necessitates a supermajority of validators to approve blocks before they are added to the chain. Additionally, the leadership of the validator group rotates over time, preventing any single faulty node from having prolonged influence over the chain. IBFT also offers operational flexibility by permitting changes to the validator groups over time, ensuring that only fully trusted nodes are included in the group, thereby maintaining the chain's security and reliability.
Leading exchanges where Electroneum (ETN) is currently available for trading include: * HTX * Gate.io * CoinEx For beginners, a simplified guide for purchasing cryptocurrencies and additional exchanges for trading can be found here.
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