Price Ethereum (ETH)

2015

The ETH coin was launched on the market in August 2015.
At the time, its price was around one euro.

2017

At the end of 2016, developers launched the Tangerine Whistle hard fork, which propelled the ETH price.
At the end of 2017, the Ethereum price exceeded €550.

2018

The price of ETH would continue its momentum, reaching a record €1,146 on January 14, 2018, before dropping sharply back below €100 by the end of the year.
It was also in 2018 that the mark of 100 million ETH coins created was surpassed.

2020

The year 2020 begins with the implementation of the Muir Glacier upgrade to block 9,200,000.
After stagnating in 2019, the ETH price rises again from September, coinciding with the crypto bull run during COVID.
Ethereum’s price rises from €310 on September 21 to €610 on December 31.

2021

2021 is the year of the Ethereum price explosion.
ETH reached its first record on May 13, with a price of €3,170, before going even higher on November 16, with a price of €4,521.
To date, this is the all-time high (ATH) for Ethereum.
The year 2021 also saw the roll-out of updates such as Berlin (April), hard fork London (August), Altair on chain beacon (October 27) and Arrow Glacier (December 9).

2022

The year 2022 was a historic one for Ethereum, and will forever be remembered as the year that saw the deployment of The Merge, i.e. the change in consensus mode.
On September 15, 2022, Ethereum abandoned Proof-Of-Work (POW) to adopt a more virtuous blockchain model, Proof-Of-Stake (POS).
This change reduces environmental impact by 99%.

2023

After a complicated 2022, Ethereum’s share price is back on track, approaching €1,900 in mid-April.
On the development front, 2023 saw the launch of the Shapella update, enabling investors to withdraw their ETH staking coins.

2024

Well launched at the end of 2023 with requests for spot ETH ETFs, Ethereum’s price momentum continues into 2024.
In May, the price of ETH rises sharply, boosted by rumors of the forthcoming approval of spot ETH ETFs.
The ETH price rises from €2,840 on May 20 to €3,500 on May 22.

Vitalik Buterin, a Russian-Canadian programmer, is the main founder and author of the original Ethereum white paper published in 2013.
Alongside Vitalik, several co-founders have played key roles in the project’s development, including Gavin Wood, who designed the Solidity programming language and Ethereum’s technical specification.
Other co-founders include Anthony Di Iorio, Joseph Lubin, Charles Hoskinson and Mihai Alisie, each bringing a unique expertise that has contributed to the success of the Ethereum platform.

Ethereum has attracted the attention of many investors since its inception, thanks to its revolutionary potential.
One of the first and leading investors was Joseph Lubin, co-founder of Ethereum, who also founded ConsenSys, a blockchain software company.
Other notable investors include Anthony Di Iorio, a Canadian entrepreneur and investor, and the Winklevoss twins, famous for their role in the creation of Facebook and their involvement in the crypto-currency market.
These investors have not only provided capital, but also invaluable expertise for the development and growth of Ethereum.

Ethereum is a very solid crypto with many advantages: leader in the decentralized finance sector, maximum availability on exchanges, revenue generation from staking, etc.
Ethereum’s growth potential remains very strong!
With the imminent arrival of ETH spot ETFs, Ethereum is poised to conquer traditional financial investors too, which should further boost its growth.

Future prospects

Smart contracts, dApps, decentralized finance, NFT… Ethereum continues to expand its range of uses.
It remains the undisputed leader in its field, despite the emergence of more and more “Ethereum killers”.
Analysts predict that the Ethereum price will end 2024 at around €4,600.
The Ethereum price could then average €5,000 in 2025, and peak at €19,000 by 2030.
Naturally, the technological developments of the Ethereum blockchain, the adoption of cryptos in general and the economic climate will have a major impact on Ethereum’s future.

Recent Updates and Network Changes

In September 2022, the Ethereum network underwent the biggest update in its history.
This event, dubbed “The Merge”, gave birth to Ethereum 2.0.
The key element of this update was the change of consensus system.
Ethereum switched from Proof-of-Work (POW) to Proof-of-Stake (POS).
This update had a significant impact on network performance, decentralization, energy consumption and Ethereum’s environmental footprint.
In March 2024, the Dencun (or Cancun-Deneb) update improved network scalability and efficiency.
Many other changes are planned in the Ethereum roadmap.

Staking and investment opportunities

The Merge update has made Ethereum 2.0 staking possible.
Ethereum staking can generate APY returns of between 1% and 4%.
These potential returns from ETH staking represent an interesting opportunity in an investment strategy.