Ethereum price history

Ethereum is a decentralized blockchain-based platform that enables the development and execution of smart contracts and decentralized applications. Here is a brief overview of Ethereum's price history:

2015: Ethereum was launched in July 2015 through an initial coin offering (ICO). Its price started trading at around $2.80.

2016: Ethereum's price remained relatively stable in the early months of 2016, fluctuating between $1 and $2. However, by the end of the year, its price had risen to around $8.

2017: Ethereum's price saw a significant increase in 2017, rising from around $8 in January to an all-time high of nearly $1,400 in December. This price surge was attributed to a combination of factors, including increased adoption of the Ethereum platform and the rise of initial coin offerings (ICOs).

2018-2019: Ethereum's price experienced a significant drop in early 2018, dropping to around $80 by December of that year. Throughout 2019, Ethereum's price remained relatively stable, fluctuating between $100 and $300.

2020-2021: Ethereum's price began to rise again in 2020, reaching a high of around $1,400 in January 2021. However, it then experienced another significant price surge, reaching an all-time high of over $4,300 in May 2021.

2022-2023: Since the May 2021 high, Ethereum's price has experienced significant volatility, dropping down to around $1,700 in December 2021 before recovering to around $4,000 in April 2023.

Overall, Ethereum's price history has been characterized by significant volatility, driven by factors such as adoption of the Ethereum platform, investor sentiment, and regulatory changes. It is important to note that cryptocurrency prices are highly volatile and subject to change at any time.