#PectraUpgrade The Journey of Ethereum's Price: Highs and Lows
Ethereum (ETH), the second largest cryptocurrency by market capitalization, has experienced significant price fluctuations since its inception. As of May 7, 2025, ETH is trading at approximately $1,829.23, reflecting a 3.19% increase from the previous close. $ETH
2015–2017: Early Growth
Launched in 2015, Ethereum started at a modest price, gaining traction in 2016 and 2017 due to the boom of Initial Coin Offerings (ICOs) and the growing interest in blockchain technology.
2018–2019: Market Correction
After reaching a peak in early 2018, ETH experienced a significant drop, falling over 80% as the broader crypto market corrected.
2020–2021: Bullish Momentum
Ethereum saw substantial growth during this period, driven by the DeFi boom and the NFT craze. $ETH
ETH
1,794.55
+0.85%
E#FOMCMeeting Ethereum (ETH), the second largest cryptocurrency by market capitalization, has experienced significant price fluctuations since its inception. As of May 7, 2025, ETH is trading at approximately $1,829.23, reflecting a 3.19% increase from the previous close.
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📈 The Journey of Ethereum's Price: Highs and Lows
2015–2017: Early Growth
Launched in 2015, Ethereum started at a modest price, gaining traction in 2016 and 2017 due to the boom of Initial Coin Offerings (ICOs) and the growing interest in blockchain technology.
2018–2019: Market Correction
After reaching a peak in early 2018, ETH experienced a significant drop, falling over 80% as the broader crypto market corrected.
2020–2021: Bullish Momentum
Ethereum saw substantial growth during this period, driven by the DeFi boom and the NFT craze. ETH reached an all-time high of approximately $4,891.70 in November 2021.
2022: Challenges of the Bear Market