Ethereum price is a decentralized, open-source blockchain platform that allows developers to build and deploy smart contracts and decentralized applications (DApps). Its native currency, Ether (ETH), is used to power network transactions and pay for computational services.
https://www.bitget.com/price/ethereum


How Ethereum Differs from Bitcoin
While Bitcoin is primarily a store of value and digital money, Ethereum is a programmable blockchain. This means it supports applications like decentralized finance (DeFi), NFTs, gaming, and more—making it the foundation of Web3.

Ethereum’s Historical Price Timeline
Early Days and Initial Coin Offering (2015–2016)
Ethereum launched in 2015 with an initial price around $0.75. By 2016, ETH hovered around $10 as interest in blockchain apps grew.

The First Major Surge (2017)
In 2017’s crypto bull run, Ethereum’s price soared past $1,300 USD, fueled by ICO mania and new DApps entering the ecosystem.

Crypto Winter and Recovery (2018–202
ETH dropped below $100 in early 2018 but slowly regained momentum, reaching $600 by late 2020, thanks to growing DeFi activity.

DeFi and NFT Boom (2020–2021)
Ethereum became the backbone of the DeFi and NFT explosions, pushing ETH to an all-time high (ATH) of $4,878 USD in November 2021.

Ethereum 2.0 and the Merge (2022–2023)
Ethereum successfully transitioned from proof-of-work to proof-of-stake with “The Merge” in 2022, making ETH more energy-efficient and reducing its issuance rate—boosting long-term bullish sentiment.

ETH in 2024 and Current 2025 Price Trends
In 2024, ETH traded between $1,800 and $2,400. As of mid-2025, Ethereum is stabilizing between $2,800 and $3,200 USD, supported by broader crypto adoption and institutional entry.

Factors That Influence Ethereum Price
Network Usage (Gas Fees, DApps, NFTs)
The more people use Ethereum to interact with DeFi protocols, mint NFTs, or send tokens, the more demand increases for ETH, since it’s needed to pay gas fees.