Ethereum Price History 2015-2025

Bittime - Ethereum was first launched in July 2015. The initial price of Ethereum detected in the market was around $2.92 per ETH. 

However, now Ethereum has become the second largest crypto asset after Bitcoin by market capitalization. So, what is the price history of Ethereum? Read this article to find out more!

What is Ethereum?

Before knowing the price history of Ethereum, let's first know about this project. Ethereum is a blockchain network known as Blockchain 2.0 because it features an innovative smart contract concept. 

Ethereum allows developers to build various DApps using a Turing-complete programming language. 

Meanwhile, the original or native token used in this network is Ether (ETH), which functions as fuel for various transactions in the Ethereum ecosystem.

Read Also: How many Rupiah is 1 Ethereum? This is how much ETH to IDR conversion is today!

Features of Ethereum

Snot knowing the Ethereum price history, following are some of Ethereum's superior features that you need to know.

1. Smart Contracts: Ethereum allows the creation and deployment of smart contracts that run automatically when certain conditions are met.

2. Ethereum Virtual Machine (EVM): Serves as an execution environment for the compilation and implementation of Ethereum-based smart contracts.

3. Ether (ETH): The primary currency used to pay transaction fees on the Ethereum network.

4. Decentralized Application (DApp): Applications that run on a peer-to-peer network without intermediaries and can be accessed on various platforms.

5. Decentralized Autonomous Organizations (DAO): Organizations that operate with a decentralized governance system through smart contracts.

Ethereum Price History

You already know what Ethereum is and its superior features. Now, let's look at the price history of Ethereum. 

Source: Coinlore 

The initial price of Ethereum detected in the market was around $2.92 per ETH, but bIn the first few months after launch, the price of ETH fell significantly, reaching a low of $0.4457 in October 2015. 

Even so, Ethereum's first year closed at $0.9335, registering an increase of around 32.03% from its opening price.

Source: Coinlore 

2017 was the best period for Ethereum in terms of price growth. The average Ethereum price that year reached $222.60 and closed the year at $756.73 after previously touching a high of $881.94. 

Read Also: There is a Strong Signal to Buy Ethereum (ETH), Here's Why!

Ethereum Price History: All-Time High

Source: Coinlore 

As time goes by, Ethereum continues to show significant growth. Based on Ethereum price history, the all-time high occurred in November 2021, when ETH reached a price of $4,786. 

The increase in ETH prices was largely driven by a surge in demand for smart contracts and the development of Ethereum-based DeFi and NFT projects.

Ethereum Price History: Key Years

Apart from the years mentioned above, here are other important years in Ethereum price history that you need to know about.

2013: Vitalik Buterin first introduced the Ethereum concept through a whitepaper with the aim of creating a platform for decentralized application development.

2014: Gavin Wood details the specifications of the Ethereum Virtual Machine (EVM), and Ethereum software development officially begins.

2015: Ethereum launches the genesis block, marking the start of Ethereum network operations.

2018: Ethereum is the second largest crypto asset after Bitcoin in terms of market capitalization.

2021: Ethereum underwent a massive network upgrade called the “London Hard Fork,” which included Ethereum Improvement Proposal (EIP) 1559 to reduce transaction fee volatility.

2022: Ethereum officially switched from a Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism via the “Ethereum Merge,” which successfully reduced Ethereum's energy consumption by 99.95%.

That is the history of Ethereum's price from its launch in 2017 to becoming the second largest crypto asset today. this project has gone through various phases of development.

With ever-increasing adoption and innovation in the blockchain sector, Ethereum remains one of the most influential digital assets in the crypto world.

Read Also: Top 5 Meme Coins on the Ethereum Network, There are Shiba Inu and FLOKI!

Ethereum FAQs

What is Ethereum?

Ethereum is a blockchain-based platform that allows developers to build and run DApps. By using smart contracts, Ethereum ensures that transactions and agreements are executed automatically without the need for intermediaries. 

How many Rupiah is 1 ETH?

Currently, 1 ETH is worth IDR 34,744,666 based on the Bittime market. 

1 ETH How much is USD?

Currently, 1 ETH is worth $2,115.09 according to Coinmarketcap. 

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Reference

Geeks for Geeks, What is Ethereum: Working, Types, Features, accessed March 10, 2025.

Coinlore, Ethereum Historical Data, accessed March 10, 2025.

Coinmarketcap, Ethereum Currency, accessed March 10, 2025.

Author: IPR