Gate News Bot Message, December 16th, according to CoinMarketCap data, ETH (Ethereum) is currently priced at $2939.12, down 5.44% in the past 24 hours, with a high of $3446.62 and a low of $2899.69. The 24-hour trading volume reached $28.031 billion. The current market capitalization is approximately $354.738 billion, a decrease of $20.393 billion from yesterday. Ethereum is a leading platform for innovative applications and blockchain networks. The platform supports various use cases such as decentralized finance (DeFi), non-fungible tokens (NFT), and digital asset tokenization through smart contracts. Currently, the total value locked in DeFi on the Ethereum ecosystem is $14.43 billion, with an average network transaction cost of only $0.00089. In the past 24 hours, there have been 20.44 million transactions. Ethereum is committed to building a faster, safer, and more user-friendly network, and it has the largest and most active developer ecosystem in the Web3 space.