The use of Web3 gaming protocols to onboard millions of users to the crypto and blockchain industry has helped the respective tokens to experience parabolic rallies.
Blockchain analytics firm Arkham Intelligence has also confirmed the price surge from a Donald Trump-labeled crypto wallet.
About WETH
WETH is the tokenized/packaged form of ETH that you use to pay for items when you interact with Ethereum dApps. WETH follows the ERC-20 token standards, enabling it to achieve interoperability with other ERC-20 tokens.
This offers more utility to holders as they can use it across networks and dApps. You can stake, yield farm, lend, and provide liquidity to various liquidity pools with WETH.
Also, unlike ETH, which doesn’t conform to its own ERC-20 standard and thus has lower interoperability as it can’t be used on other chains besides Ethereum, WETH can be used on cheaper and high throughput alternatives like Binance, Polygon, Solana, and Cardano.
The price of WETH will always be the same as ETH because it maintains a 1:1 wrapping ratio.
Cryptocurrency ETFs are actively discussed within crypto community nowadays. But what do they represent themselves and what benefits do they offer? Check out this guide to find it out.
Stocks are one of the most vital financial instruments in the world today. Here’s a guide to provide a basic understanding of one of the most common types of stocks – cyclical stocks.
Today's live WETH price is $2 419 USD, with a 24-hour trading volume of $387 896 814 USD. We provide real-time updates for the WETH to USD price. Ethereum has increased by 2% in the last 24 hours. Currently ranked 17 in the cryptocurrency market, WETH has a live market cap of $7 100 251 389 USD, with a circulating supply of
2 931 186WETH coins and the maximum supply not available.
