$ETH Let's discuss Journey of $ETH in crypto market and how it evolved out of second most preferred Crypto after $BTC

1. 2013: Inception

Vitalik Buterin proposes Ethereum, a blockchain with smart contract capabilities, in a whitepaper.

2. 2014: Crowdfunding

Ethereum raises $18 million through a crowdsale, selling ETH for Bitcoin.

3. Development begins under the Ethereum Foundation.

2015: Launch Ethereum mainnet launches on July 30, introducing decentralized applications (dApps).

4. ETH starts trading, initially valued at under $1.

2016: The DAO Hack A decentralized autonomous organization (DAO) is hacked, losing $50 million in ETH.

5. Ethereum hard forks to recover funds, leading to Ethereum Classic (ETC) split.

6.

2017-2018: ICO Boom

Ethereum powers Initial Coin Offerings (ICOs), driving dApp and token creation.

7. ETH price surges to $1,400 in January 2018, fueled by crypto market mania.

8.

2019-2020: DeFi Emergence

Decentralized Finance (DeFi) grows on Ethereum, with platforms like Uniswap and Compound.

9. ETH price stabilizes, then climbs to $4,800 by November 2021.

2022: The Merge Ethereum transitions from Proof of Work to Proof of Stake, reducing energy use by 99.95%.

1. Scalability challenges persist, with high gas fees.

2023-2025: Scaling Solutions

Layer 2 solutions like Optimism and Arbitrum enhance scalability.

11. ETH price fluctuates, peaking near $5,000 in 2024, driven by institutional adoption.

12. Ethereum solidifies its role in DeFi, NFTs, and Web3 innovation.

13. ETH Is still less more than 50% and it will gain within the few days once BTC reaches to $110k. Stay awake ..