### Evolution of Ethereum (ETH) Price Since Its Launch
Ethereum (ETH) has seen significant price evolution since its launch in 2015, experiencing sharp ups and downs due to factors such as technological developments, market volatility, and institutional interest. Here’s a look at the key milestones in its price evolution:
#### 1. Launch and Early Years (2015–2017)
- 2015: Ethereum was launched at a price around $0.30–$1, as the network was in its early stages (Frontier).
- 2016: The price rose to $10–$20 with increased adoption of smart contracts and decentralized applications (dApps), despite the DAO hack that led to the network split and the creation of Ethereum Classic (ETC).
- 2017: Experienced a massive surge with the rise of the cryptocurrency market, reaching a price of $414 in June, then $1,418 in January 2018 due to the ICO boom and the spread of DeFi.
#### 2. Decline and Recovery (2018–2020)
- 2018: The price fell to $100–$300 after the ICO bubble burst and market decline.
- 2019–2020: The price stabilized around $100–$300 with improvements in network infrastructure, such as the Constantinople and Istanbul upgrades.
#### 3. Historical Surge (2021–2022)
- 2021: Ethereum reached its all-time high of $4,865 in November, supported by:
- The boom of DeFi and NFTs.
- Upgrade to Ethereum 2.0 (transition to Proof of Stake PoS).
- 2022: Dropped to $1,000–$1,700 due to market crises such as the collapse of Terra Luna and rising interest rates.
#### 4. Recent Developments (2023–2025)
- 2023: Performance improves with upgrades like Shapella and Dencun, allowing the withdrawal of staked ETH and increasing network efficiency.
- 2024–2025:
- The price reached $4,000 in March 2024 before correcting to $3,000 due to delays in SEC approval for ETH ETFs.
- Currently (May 2025), ETH is trading around $2,631–$2,645, with expectations of reaching $4,000–$8,200 by the end of 2025.
#### 5. Long-Term Predictions (2030–2050)
- Some analysts expect the price to reach $40,000–$100,000 by 2030–2040, supported by:
- Institutional adoption.
- Development of technologies like Sharding to increase scalability.
### Factors Influencing Price
- Technological developments: such as network upgrades (like The Merge).
- Regulatory frameworks: such as SEC approval for ETFs.
- Market demand: Especially with the growth of DeFi and NFTs.
