The Banking Executive Magazine - October Issue 2022

Virtual Assets Market Growth and Adoption KEY STATISTICS ABOUT A VIRTUAL ASSET Key statistics about a virtual asset in- clude the base and quote currency, the rank, and trading volume. Key Statistics about Ethereum 12 October 2022 Ethereum (ETH) is a global, public decentralized blockchain designed to run peer-to-peer smart contracts. It allows developers to deploy all sorts of decentralized applications (Dapps), without the interference of third parties. Ethereum is also used for its own cryptocurrency ether. Ethereum is now the world’s second- most valued cryptocurrency plat- form. ISSUE 166 OCTOBER 2022 the BANKING EXECUTIVE 39 Table 4: Statistics about Ethereum on 12 October 2022 Price to USD $ 1,298.87 Price to BTC 0.0679 BTC Rank 2 24h volume $ 8.31 billion Market cap $ 158.98 billion Fully diluted market cap $ 159.45 billion All-time high (daily avg.) $ 4,896.88 Source: https://coinranking.com/