ETH to CAD: Ethereum Price in Canadian Dollar

Ethereum (ETH) is a decentralized blockchain system that features smart contract functionality. In 2013, a programmer and co-founder of Bitcoin Magazine, Vitali Buterin, proposed the concept of ethereum. It was crowdfunded in 2014 and went live on July 30, 2015. As of March 22, 2024, Ethereum price in CAD is around $4,787.84. Ethereum price prediction reflects the volatility and unpredictability present in the CryptoCurrency market.
It enables developers to build and deploy decentralized applications (dApps) and smart contracts that can operate without downtime, fraud, control, or interference from a third party. ethereum’s native cryptocurrency is Ether (ETH). It is used for two: as a digital currency like Bitcoin and to run applications and monetize work on the Ethereum platform.
Ethereum aims to be more than just a platform for CryptoCurrency transactions. It provides a platform for developers to create various applications, including decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and complex decentralized autonomous organizations (DAOs).
The volatility of ethereum has attracted investors looking for assets that offer uncorrelated returns compared to traditional investment instruments. Canadian investors can buy Ethereum through various homegrown crypto exchanges and have the option of investing in Ether mutual funds and ETFs. Maple Investments is a crypto-centric financial platform that allows you to invest in Ethereum and other cryptocurrencies.