**Ethereum Price History: Then and Now**
Ethereum, launched in 2015, has seen a remarkable price journey. Initially trading at under $1, its price remained modest until 2017, when it surged to $400 during the crypto boom, driven by growing interest in smart contracts and decentralized applications. The 2018 bear market saw it plummet to $80, testing investor resilience. By 2021, Ethereum soared to an all-time high of $4,891, fueled by DeFi and NFT mania, with its shift to Proof-of-Stake via the Ethereum 2.0 upgrade adding momentum.
As of April 2025, Ethereum hovers around $2,500, reflecting market corrections and macroeconomic pressures like interest rate hikes. Despite volatility, its robust ecosystem, with over 3,000 dApps and staking rewards, sustains demand. Compared to its early days, Ethereum’s price and utility have grown exponentially, cementing its role as a blockchain leader, though challenges like scalability and competition persist.