Price History

Ether Price History

The ether price history spans from the 2014 ICO at $0.311 per ETH to an all-time high of $4,946 in August 2025. That represents a total return of approximately 1.6 million percent from its original ICO price, or an annualized ROI exceeding 270% per year since launch — making ETH one of the best-performing assets of the past decade.

ETH Historical Price Data & Milestones

ETH Price History: From ICO to Today

ETH Price History: From ICO to Today

Ethereum launched its blockchain on July 30, 2015, following a successful $18.3 million crowdfund in 2014. In its early years, ETH traded for less than $10. The first major bull run in 2017-2018 took ETH from under $10 to nearly $1,400 before crashing. The 2020-2021 DeFi and NFT boom drove ETH to new highs near $4,800 in late 2021.

Key ETH Price History Milestones

2014 ICO: $0.31

2018 Peak: $1,400

2021 Peak: $4,878

2025 Peak: $4,946

Market Cycles

Understanding Ethereum's Price Cycles

Ethereum's price history shows clear four-year market cycles loosely correlated with Bitcoin halving events. Each cycle has seen ETH reach a new all-time high before correcting 60-90%. From 2020 to 2025, Ethereum climbed approximately 46% on a net basis, but the intra-period volatility was extreme, with gains exceeding 80% and losses exceeding 60% at various points.
ICO Price 2014
0.31 USD
All-Time High
4,946 USD
Current Price
2,112 USD
Total ROI
1.6M %
Historical Data

Ethereum Yearly Price Summary

01

2020–2021 Bull Run

ETH rose from under $200 in early 2020 to nearly $4,800 by November 2021, driven by DeFi and NFT adoption, a 24x gain.

02

2022 Bear Market

ETH fell from its 2021 high to under $900 in mid-2022, losing over 80% of its value amid rising interest rates and the collapse of Terra/Luna.

03

2024–2025 Recovery

ETH recovered strongly from 2022 lows, reaching a new all-time high of $4,946 in August 2025, fueled by ETF approvals and institutional adoption.

Cycle Analysis

What Ethereum's Price History Tells Us

Historical Analysis

Volatility Pattern

ETH has historically experienced 80-90% drawdowns in bear markets, making position sizing and risk management critical for investors.
Historical Analysis

Recovery Strength

Despite deep corrections, Ethereum has consistently recovered to new all-time highs in each subsequent bull cycle, rewarding long-term holders.
Historical Analysis

Future Outlook

Based on historical cycle patterns, analysts project ETH could reach $10,000 to $40,000 in the next major bull cycle beyond 2026.