Ethereum: price performance in retrospect

Ethereum is right behind Bitcoin in second place among the largest cryptocurrencies. Although Ethereum has been around for a few years, its price didn't really take off until 2017. At the end of 2017, Ethereum stood at around $800 per Ether. But how does it look in the meantime?

Ethereum: price performance in recent years

The Ethereum network was launched in July 2015. Since the first appearance of the cryptocurrency Ethereum, the price increased momentum. However, over time, this trend has also leveled off. Since cryptocurrencies are generally very speculative financial resources, it is difficult to foresee future developments in the price.

• At the end of February 2016, the market capitalization was over 500 million US dollars for the first time.
• Just two weeks later, the value had doubled.
• However, not much more happened until 2017. It was not until the end of June 2017 that an impressive rise occurred with an interim high of around 370 US dollars per Ether.
• By the end of the year, Ethereum then cracked the mark of 800 US dollars.
• While the value of all cryptocurrencies mostly fell in 2018 and 2019, this is now rising again.
• The value of Ether rises at the beginning of 2020 to almost 300 US dollars and then fell again to around 100 US dollars. Since then, the value is rising again and again with few downward fluctuations.
• Meanwhile, the value of a coin is just under 1020 euros. Precisely for this reason, the cryptocurrency is still one of the most promising investments.

Since the price was at the beginning of a few US dollars, investors of the first hour could thus multiply their money extremely - in the ideal case, factor 400 was possible. Due to the current market sentiment, experts expect further price growth.