Wrapped stETH (WSTETH) price today is $ 4 133.01 with a 24-hour trading volume of $ 43.38M, market cap of $ 14.32B and market dominance of 0.3739%. The Wrapped stETH (WSTETH) price changed 5.36% in the last 24 hours. Wrapped stETH (WSTETH) price in US dollars is changed by 41.99% over the last 1 year. Over the past year, Wrapped stETH (WSTETH) has changed by 10.65% against Ethereum and 38% against Bitcoin. Wrapped stETH (WSTETH) total volume is now $ 43.38M, 0.001133% of the total cryptocurrency market volume in the last 24 hours.
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Live Wrapped stETH (WSTETH) Price Chart & Market Cap
Price Live Data
| Wrapped stETH Price The price of WSTETH is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 4 133.01 | ATH The ATH is the highest price WSTETH has reached since its launch, indicating its peak market value. $ 7 256.02 | Circ. Supply Circulating Supply is the total number of WSTETH tokens currently available and trading in the market. 3 464 484.95 |
|
Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating WSTETH tokens, similar to a stock’s market capitalization. $ 14 315 795 261.00 |
ATH Date The ATH Date is the specific day when WSTETH achieved its highest market price. 2022-05-13 00:00:00 | Total Supply Total Supply is the total amount of WSTETH tokens that exist, including both circulating and non-circulating tokens. 3 464 484.95 |
| 24H Volume 24H Volume shows the total trading volume of WSTETH across all tracked platforms in the last 24 hours. $ 43 381 894.00 | ATL The ATL is the lowest price WSTETH has ever reached, showing its minimum market value. $ 558.54 | Max Supply Max Supply is the maximum number of WSTETH tokens that will ever exist, as defined by its protocol. 0 |
| Platform WSTETH runs on the Wrapped stETH blockchain, indicating its underlying technology. Wrapped stETH | ATL Date The ATL Date marks when WSTETH recorded its lowest market price. 2022-05-13 00:00:00 | |
| Release Date The Release Date is when WSTETH was officially introduced to the public market. |
| Wrapped stETH Price The price of WSTETH is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 4 133.01 |
Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating WSTETH tokens, similar to a stock’s market capitalization. $ 14 315 795 261.00 |
24H Volume 24H Volume shows the total trading volume of WSTETH across all tracked platforms in the last 24 hours. $ 43 381 894.00 | Platform WSTETH runs on the Wrapped stETH blockchain, indicating its underlying technology. Wrapped stETH | Release Date The Release Date is when WSTETH was officially introduced to the public market. | ATH The ATH is the highest price WSTETH has reached since its launch, indicating its peak market value. $ 7 256.02 | ATH Date The ATH Date is the specific day when WSTETH achieved its highest market price. 2022-05-13 00:00:00 | ATL The ATL is the lowest price WSTETH has ever reached, showing its minimum market value. $ 558.54 | ATL Date The ATL Date marks when WSTETH recorded its lowest market price. 2022-05-13 00:00:00 | Circ. Supply Circulating Supply is the total number of WSTETH tokens currently available and trading in the market. 3 464 484.95 | Total Supply Total Supply is the total amount of WSTETH tokens that exist, including both circulating and non-circulating tokens. 3 464 484.95 | Max Supply Max Supply is the maximum number of WSTETH tokens that will ever exist, as defined by its protocol. 0 |
Global Wrapped stETH (WSTETH) Prices
How much is 1 Wrapped stETH (WSTETH)?
- WSTETH/USD 4 133.01
- WSTETH/EUR 4 022.86
- WSTETH/GBP 3 397.21
- WSTETH/AUD 6 673.89
- WSTETH/CNY 30 272.49
- WSTETH/INR 357 684.94
- WSTETH/JPY 646 087.24
- WSTETH/KRW 6 012 543.44
- WSTETH/TRY 146 449.80
- WSTETH/PLN 17 136.35
- WSTETH/BRL 25 042.96
- WSTETH/RUB 423 172.84
Understanding Wrapped stETH (WSTETH): a comprehensive overview
Wrapped stETH (WSTETH) is a token that represents staked Ether (stETH) in a wrapped format, allowing users to utilize their staked assets in the broader Ethereum ecosystem. This innovation enhances liquidity and flexibility, enabling holders to engage in various decentralized finance (DeFi) activities without losing their staked rewards. The WSTETH price is tied to the underlying stETH value, which reflects the staking performance. By holding WSTETH in a secure wallet, users can seamlessly trade, lend, or earn yield on their assets while benefiting from the meaning of staked Ethereum. Overall, WSTETH is an essential tool for those looking to maximize their crypto investments.
Characteristics and unique features of Wrapped stETH (WSTETH)
Wrapped stETH (WSTETH) offers several distinctive characteristics that enhance its utility within the Ethereum ecosystem. One of its key features is the seamless conversion process between WSTETH to eth and eth to WSTETH, allowing users to easily switch between staked Ether and its wrapped counterpart. This flexibility promotes liquidity, enabling users to participate in various DeFi protocols without losing their staking benefits. Additional characteristics include:
- Definition. WSTETH represents staked ETH in a usable form.
- Payment. It facilitates transactions within DeFi platforms.
- Currency. WSTETH functions as a currency within the Ethereum network.
- Coin. It enhances the usability of staked assets.
This combination of features makes WSTETH an essential asset for anyone involved in Ethereum's decentralized finance landscape.
Historical trends and future predictions
Analyzing the historical trends of Wrapped stETH (WSTETH) reveals valuable insights into its performance in the cryptocurrency market. The wrapped stETH price has shown significant fluctuations, influenced by the broader market trends and the growing interest in staking on the Ethereum network. As decentralized finance (DeFi) continues to evolve, WSTETH's utility in providing liquidity and facilitating transactions remains crucial. Market analysts are making bold price predictions, estimating potential growth based on the increasing adoption of staking and DeFi platforms. The market cap of WSTETH reflects its importance in the cryptocurrency ecosystem, as it stands for a key asset that supports staking operations and enhances liquidity across various platforms.
Total supply of WSTETH available on various cryptocurrency exchanges
The total supply of Wrapped stETH (WSTETH) available on various cryptocurrency exchanges plays a vital role in determining its market dynamics. Understanding the wrapped stETH meaning helps investors recognize its significance as a tokenized version of staked Ethereum. As liquidity increases, the price live can fluctuate based on supply and demand factors. The overall value of WSTETH is influenced by its usability in DeFi applications, making it an attractive asset for traders and miners alike. Monitoring the price of WSTETH across exchanges provides insights into its market performance and helps investors make informed decisions regarding their portfolios.
Analyzing the market capitalization of Wrapped stETH in the crypto space
The total supply of Wrapped stETH (WSTETH) crypto available on various cryptocurrency exchanges is crucial for understanding its market potential. As of today, the wrapped stETH (WSTETH) crypto circulates in substantial quantities, reflecting its popularity among investors. The rate at which WSTETH is traded can vary significantly across platforms, impacting the today price. Monitoring these fluctuations helps traders identify profitable opportunities. Additionally, WSTETH provides a free means of gaining exposure to staked Ethereum, making it an attractive option for those looking to diversify their cryptocurrency portfolios.
Current market value of WSTETH: what you need to know today
The current market value of Wrapped stETH (WSTETH) is essential for investors seeking to navigate the evolving landscape of cryptocurrency. Today, it's crucial to keep an eye on the WSTETH wallet trends, as they indicate the asset's liquidity and demand. Here are some key points to consider:
- Risk analysis. Assess the volatility associated with WSTETH investments.
- Performance. Review how WSTETH has fared over the past months to inform future decisions.
- Maximum price. Understand the highest historical price to gauge potential upside.
By staying informed about these aspects, investors can make better decisions regarding their WSTETH holdings.
Exploring the mining process of Wrapped stETH: how it operates
Exploring the mining process of Wrapped stETH (WSTETH) reveals a unique operational mechanism that aligns with the Ethereum ecosystem. Unlike traditional mining, WSTETH operates through the staking of Ether (ETH) on various exchanges, allowing users to earn rewards while maintaining the liquidity of their assets. The price in USD of WSTETH fluctuates based on market demand, reflecting its historical high and historical low values. As users stake their ETH, they receive WSTETH in return, creating a seamless experience that combines staking rewards with the advantages of a liquid token, making it an appealing option for investors.
Wrapped stETH - FAQ
WSTETH represents staked Ether and allows users to earn rewards while maintaining liquidity in the cryptocurrency market.
To invest in WSTETH, you can stake your ETH on platforms that support this cryptocurrency, receiving WSTETH in return.
Generally, it is considered safe, but it's important to perform a risk analysis and ensure you're using reputable exchanges.
Yes, WSTETH is legal in most jurisdictions, but it's essential to check local regulations regarding cryptocurrency investments.
It does not typically stand for a security; it functions more like a token representing staked assets.
You can buy WSTETH on major exchanges that support it, often using ETH or BTC, as you would convert btc to WSTETH.
You can earn WSTETH by staking your ETH, which generates rewards that accumulate over time.
To cash out, you can convert your WSTETH back to ETH or another cryptocurrency on supported exchanges.
WSTETH
Wrapped stETH
$4 133.01
5.36% Last 24h
$4 133.01
5.36% Last 24h