Welcome! You’ve come to the right place to learn about Ethereum price history.
Ethereum is a digital currency that has been around since 2015. Since then, its price has fluctuated greatly from year to year.
In this article, we’ll take a look at Ethereum’s price history by year, from 2015 through 2021.
So, if you’re curious about how Ethereum’s price has performed over the years, you’ve come to the right place.
Let’s get started!
Ethereum Launch in 2015
You may not have been around in 2015, but it was a huge year for Ethereum as it officially launched, forever changing the landscape of the crypto world. Developed by a team led by Vitalik Buterin, Ethereum was the first blockchain platform to offer smart contracts and decentralized applications.
Ethereum was designed to provide a decentralized platform for applications that run exactly as programmed without any possibility of fraud, censorship, or third-party interference. Ethereum was the first blockchain platform to use a Turing-complete language for smart contracts, allowing developers to create complex applications on the Ethereum network.
Ethereum quickly gained traction and was soon being used by developers around the world to build their own decentralized applications. In addition, Ethereum’s native asset, Ether, quickly became one of the most highly traded cryptocurrencies, leading to its current status as the second-largest cryptocurrency by market capitalization.
To this day, Ethereum remains one of the most popular and influential blockchain projects in the world.
Ethereum Price in 2016
In 2016, you could’ve seen a drastic change in cryptocurrency values. Ethereum was no different, with its price fluctuating wildly throughout the year.
After its launch in 2015, its price had already begun to climb from a value of around $1.20 USD to a high of around $15.00 USD in 2016. This was an incredible increase in a short time, and many investors were excited by the opportunity to get in on the ground floor of Ethereum and potentially make a fortune.
However, as is the case with many investments, the price of Ethereum began to fall after its initial surge. By the end of 2016, its price had dropped back to around $7.00 USD. Despite this drop, Ethereum still managed to outperform its peers and remain one of the top cryptocurrencies by market capitalization.
This helped Ethereum remain a viable option for investors, and its popularity only continued to grow as the years went on.
Ethereum Price in 2017
Cryptocurrency values saw an even greater surge in 2017, and Ethereum was no exception. Ethereum began the year at around $8 and gradually increased to a peak of around $400 in June 2017.
At the same time, the total market capitalization of Ethereum also rose significantly, from around $700 million at the start of the year to over $34 billion by the end of the year.
Ethereum also gained greater acceptance in the year, with more and more companies beginning to accept Ethereum as a form of payment.
The year 2017 saw a major increase in the number of developers building on Ethereum’s blockchain, as well as an increase in the number of applications and projects built on the Ethereum network.
Ethereum’s price also saw a sharp decline in the last quarter of 2017, falling from around $400 to around $300.
In spite of this, Ethereum still ended the year with a significantly higher price than it began with, and its total market capitalization had also risen significantly.
Ethereum Price in 2018
At the start of 2018, Ethereum’s value had skyrocketed since the previous year, boasting a market capitalization of over $34 billion.
Throughout the year, Ethereum’s price experienced various fluctuations ranging from a major dip in April to a peak of over $1,400 in January.
Ethereum’s market capitalization also experienced a sharp decline following the April dip, falling to $39 billion by the end of June.
Despite this, Ethereum experienced a resurgence in the second half of 2018, with its market cap rising to over $52 billion by the end of the year.
Ethereum’s price also managed to remain above $100 throughout the entire year, ending the year at $134.
Ethereum Price in 2019-2021
You’ll want to stay up to date on the current Ethereum market, as it’s been an ever-changing landscape over the past few years. In 2019, Ethereum prices began to rise again and continued to climb until the middle of 2020 when it hit an all-time high of over $1,400.
After this peak, the prices began to slowly drop off and currently stand at around $1,000. Looking ahead to 2021, Ethereum prices are expected to remain relatively stable and could potentially grow in value as more companies and individuals start to use the cryptocurrency.
Investors should keep an eye on the Ethereum market, as it could be a great opportunity to make some major gains.
Conclusion
You’ve seen the ethereum price history for the past 5 years. From its launch in 2015 to the current 2021, it’s been a wild ride. Ethereum has seen some highs and lows, but overall, it’s been on an upward trend.
Ethereum continues to be a popular choice in the market, and its price is expected to rise even more in the coming years. So, if you’re looking to invest in cryptocurrency, ethereum is definitely one to consider.
With its history of success, it could be a great choice for your portfolio.
