Ethereum's price history suggests that that crypto was worth significantly less in 2022 than during late 2021, although nowhere near the lowest price recorded. Much like Bitcoin (BTC), the price of ETH went up in 2021 but for different reasons altogether: Ethereum, for instance, hit the news when a digital art piece was sold as the world's most expensive NFT for over 38,000 ETH - or 69.3 million U.S. dollars. Unlike Bitcoin - of which the price growth was fueled by the IPO of the U.S.' biggest crypto trader Coinbase - the rally on Ethereum came from technological developments that caused much excitement among traders. First, the so-called 'Berlin update' rolled out on the Ethereum network in April 2021, an update which would eventually lead to the Ethereum Merge in 2022 and reduced ETH gas prices - or reduced transaction fees. The collapse of FTX in late 2022, however, changed much for the cryptocurrency. As of March 12, 2025, Ethereum was worth 1,908.98 U.S. dollars - significantly less than the 4,400 U.S. dollars by the end of 2021.Ethereum's future and the DeFi industry Price developments on Ethereum are difficult to predict, but cannot be seen without the world of DeFi - or Decentralized Finance. This industry used technology to remove intermediaries between parties in a financial transaction. One example includes crypto wallets such as Coinbase Wallet that grew in popularity in recent years, with other examples including smart contractor Uniswap, Maker (responsible for stablecoin DAI), money lender Dharma and market protocol Compound. Ethereum's future developments are tied with this industry: Unlike Bitcoin and Ripple, Ethereum is technically not a currency but an open-source software platform for blockchain applications - with Ether being the cryptocurrency that is used inside the Ethereum network. Essentially, Ethereum facilitates DeFi - meaning that if DeFi does well, so does Ethereum.NFTs: the most well-known application of EthereumNFTs or non-fungible tokens grew nearly ten-fold between 2018 and 2020, as can be seen in the market cap of NFTs worldwide. These digital blockchain assets can essentially function as a unique code connected to a digital file, allowing to distinguish the original file from any potential copies. This application is especially prominent in crypto art, although there are other applications: gaming, sports and collectibles are other segments where NFT sales occur.

As of July 2023, Thailand's trading volume of Ethereum was around 1.2 billion Thai baht. The ETH volume of trade lessened with fluctuations throughout the examined period.

In April 2021, the Ethereum market cap reached new heights and grew to over 250 billion U.S. dollars - the first time this cryptocurrency achieved that feat. The market capitalization in August 2020 was half this amount. Market capitalization is calculated by multiplying the total number of Ethereum in circulation by the Ethereum price. Compared to the Bitcoin market capitalization, however, Ethereum was not yet as popular.

Decentralized finance (DeFi) has emerged as a significant sector within the blockchain and cryptocurrency space. DeFi protocols enable users to access financial services without traditional intermediaries, offering a wide range of applications such as lending, borrowing, trading, and yield farming. Understanding user behavior, protocol interactions, and market trends is crucial for analyzing the DeFi ecosystem's dynamics and identifying opportunities for innovation and growth.

  About… See the full description on the dataset page: https://huggingface.co/datasets/mriusero/DeFi-Protocol-Data-on-Ethereum-2023-2024.

The price of Ethereum Classic (ETC) - a different crypto than Ethereum (ETH) - decreased significantly following the Ethereum Merge of September 2022. After years of development, the "original" Ethereum changed from proof-of-work (mining) to proof-of-stake (staking) during this event. This change had the potential to impact both the transaction speed as well as the energy consumption of the Ethereum blockchain. Some miners, however, started looking into Proof-of-Work alternatives were they could continue using their mining rigs - including Ethereum Classic (ETC), but also EthereumPOW (ETHW), and Ravencoin (RVN). The influx caused such a spike in hashrate - the computing power required to successfully mine a crypto - that the price declined.

Ethereum / calls 2023-01 (Blockchair data). Documentaion and terms of use available at https://blockchair.com/dumps Speed limit filter https://gz.blockchair.com/README.html License: CC-BY 4.0

The glycol ether prices in Germany for Q4 2023 reached 1279 USD/MT in December. The market experienced shifts in the last quarter of 2023 due to fluctuating ethylene oxide prices, which impacted production rates. The plant maintenance of Sasol in Marl further disrupted output. Reduced demand from personal care and cleaning industries, along with a drop in ethylene prices, concluded to lower production costs but continued economic challenges restrained market recovery.

Explore IMARC’s newly published report, titled “Glycol Ether Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of glycol ether pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

3MEth Dataset OverviewSection 1: Token TransactionsThis section provides 303 million transaction records from 3,880 tokens and 35 million users on the Ethereum blockchain. The data is stored in 3,880 CSV files, each representing a specific token. Each transaction includes the following information:Sender and receiver wallet addresses: Enables network analysis and user behavior studies.Token address: Links transactions to specific tokens for token-specific analysis.Transaction value: Reflects the number of tokens transferred, essential for liquidity studies.Blockchain timestamp: Captures transaction timing for temporal analysis.Apart from the large dataset, we also provide a smaller CSV file containing 267,242 transaction records from 29,164 wallet addresses. This smaller dataset involves a total of 1,194 tokens, covering the time period September 2016 to November 2023. This detailed transaction data is critical for studying user behavior, liquidity patterns, and tasks such as link prediction and fraud detection.Section 2: Token InformationThis section offers metadata for 3,880 tokens, stored in corresponding CSV files. Each file contains:Timestamp: Marks the time of data update.Token price: Useful for price prediction and volatility studies.Market capitalization: Reflects the token's market size and dominance.24-hour trading volume: Indicates liquidity and trading activity.Section 3: Global Market IndicesThis section provides macro-level data to contextualize token transactions, stored in separate CSV files. Key indicators include:Bitcoin dominance: Tracks Bitcoin's share of the cryptocurrency market.Total market capitalization: Measures the overall market's value, with breakdowns by token type.Stablecoin market capitalization: Highlights stablecoin liquidity and stability.24-hour trading volume: A key measure of market activity.These indices are essential for integrating global market trends into predictive models for volatility and risk-adjusted returns.Section 4: Textual IndicesThis section contains sentiment data from Reddit's Ethereum community, covering 7,800 top posts from 2014 to 2024. Each post includes:Post score (net upvotes): Reflects engagement and sentiment strength.Timestamp: Aligns sentiment with price movements.Number of comments: Gauges sentiment intensity.Sentiment indices: Sentiment scores computed using methods detailed in the data preprocessing section.The full Reddit textual dataset is available upon request; please contact us for access. Alternatively our open-source repository includes a tool to guide users in collecting Reddit data. Researchers are encouraged to apply for a Reddit API Key and adhere to Reddit's policies. This data is valuable for understanding social dynamics in the market and enhancing sentiment analysis models that can explain market movements and improve behavioral predictions.

As of October 2024, The highest trading value of Ethereum was on Upbit. The prices of Ethereum and other cryptocurrencies varied among different exchanges due to the level of demand and supply for each market.

In January 2023, the ether price was $2,487 per ton (FOB, Germany), dropping 2.2% from the previous month.

In March 2023, the ether price stood at $1,148 per ton (FOB, Netherlands), reducing by -12.7% against the previous month.

The Ethyl Tert-Butyl Ether (ETBE) Prices in China reached 1,730 USD/MT, while in Germany, it was 1,329 USD/MT, In July 2023.

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Ethereum's annualized footprint in electricity consumption declined substantially in the wake of Ethereum Merge in September 2022. Originally, the energy required to mine Ethereum in 2021 exceeding the consumption of countries like Colombia or Czechia - but the move away from proof of work (mining) to proof of stake (staking) changed things substantially. This according to a source that tries to estimate the energy consumption of Ethereum (ETH). It does by assuming that miner costs and income are the same thing: The higher the miner income, the more powerful machinery it can support. Essentially, the source first calculated how much miners earn, then estimated how much of this income is spent on electricity and how much per kWH, to finally be converted into consumption figures. The main reason this figure is an estimate, is due to the decentralized nature of Ethereum or cryptocurrencies in general: There is no central authority that tracks how many computers there are or where miners submit figures. Ethereum energy consumption is of importance for developments regarding NFTs and other applications of decentralized finance or DeFi - as the market share of the Ethereum blockchain in DeFi far exceeds that of other blockchains.

The polyphenylene ether prices in the United States for Q1 2023 reached 1630 USD/MT in March. The market at the beginning of 2023 with support from high feedstock costs and steady demand from various industries. However, the quarter later experienced a price decline due to weak market sentiment, lower gas prices, and economic instability caused by increased interest rates and inflation following significant banking sector disruptions.

Explore IMARC’s newly published report, titled “Polyphenylene Ether Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polyphenylene ether pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

During the review period, Ether imports peaked at 1.5M tons in 2022 before decreasing the following year. In terms of value, Ether imports declined to $2.1B in 2023.

Forecast: Import of Ether-Phenols, Ether-Alcohol-Phenols to the US 2023 - 2027 Discover more data with ReportLinker!

Forecast: Import of Diethyl Ether to India 2023 - 2027 Discover more data with ReportLinker!

Market Overview:

The United States cryptocurrency market is projected to exhibit a growth rate (CAGR) of 58.88% during 2024-2032. Numerous initiatives undertaken by the government in regulatory developments and legal clarity surrounding cryptocurrencies, the advancements in blockchain networks, DeFi platforms, and NFTs and the increasing adoption and awareness among the masses represent some of the key factors driving the market.

Cryptocurrency refers to digital or virtual currencies that utilize cryptography for security and operate on decentralized networks known as blockchains. Blockchain is the fundamental technology behind cryptocurrencies that has the potential to revolutionize various industries, including supply chain management, voting systems, and identity verification, by providing transparent, secure, and immutable record-keeping capabilities. One of the key features of cryptocurrencies is decentralization, which means that they are not controlled or regulated by any central authority, such as a government or financial institution. Instead, transactions and the creation of new units of cryptocurrency are managed by a network of computers. It offers several advantages over traditional fiat currencies, such as they enable fast and secure peer-to-peer transactions without the need for intermediaries, and eliminating the delays and costs associated with traditional payment systems. Additionally, cryptocurrencies provide individuals with greater control over their finances, as users hold the private keys to their digital wallets and have direct ownership of their funds. As a result, it is gaining widespread traction due to its potential to revolutionize various aspects of finance and technology.

US Cryptocurrency Market Trends:

The United States cryptocurrency market is driven by the presence of a regulatory environment. Also, Finally, regulatory developments and legal clarity surrounding cryptocurrencies, including guidelines for ICOs and investor protection, provide confidence and attract investment, which is creating a positive market outlook. Institutional adoption is another significant driver, as more banks, asset managers, and hedge funds recognize the potential of cryptocurrencies as an investment asset class, bringing legitimacy, liquidity, and capital into the market is providing an impetus to the demand. Furthermore, the development of robust market infrastructure, including regulated exchanges and custodial services, provides a secure environment for investors significantly supporting the adoption of cryptocurrencies across the United States. Additionally, continual technological innovation, such as the advancements in blockchain networks, DeFi platforms, and NFTs, is impelling the growth and diversification. In addition to this, the increasing consumer adoption and awareness, driven by broader acceptance and integration of cryptocurrencies in various industries, is also contributing to market expansion. Apart from this, economic uncertainty and inflation concerns are encouraging individuals and institutions to seek alternative investment options, thus influencing the market. The market is further driven by extensive media coverage of cryptocurrencies, particularly during periods of market volatility or major events, has a significant impact on market sentiment and investor interest. Positive coverage highlighting success stories or adoption by prominent companies and negative coverage highlighting risks or regulatory concerns can drive market trends and influence investor behavior.

US Cryptocurrency Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the United States cryptocurrency market report, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, component, process, and application.

Type Insights:

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• Bitcoin
• Ethereum
• Bitcoin Cash
• Ripple
• Litecoin
• Dashcoin
• Others
  

The report has provided a detailed breakup and analysis of the United States cryptocurrency market based on the type. This includes bitcoin, ethereum, bitcoin cash, ripple, litecoin, dashcoin, and others.

Component Insights:

• Hardware
• Software
  

A detailed breakup and analysis of the United States cryptocurrency market based on the component has also been provided in the report. This includes hardware and software.

Process Insights:

• Mining
• Transaction
  

The report has provided a detailed breakup and analysis of the United States cryptocurrency market based on the process. This includes mining and transaction.

Application Insights:

• Trading
• Remittance
• Payment
• Others
  

A detailed breakup and analysis of the United States cryptocurrency market based on the application has also been provided in the report. This includes trading, remittance, payment and others.

Regional Insights:

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• Northeast
• Midwest
• South
• West
  

The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South and West.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the United States cryptocurrency market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

US Cryptocurrency Market Report Coverage:

Global Smart Contracts Market size was worth around USD 1750 Million in 2022 and is predicted to grow to around USD 9850 Million by 2030 with a CAGR of 24%.

Global cryptocurrency market size worth approximately USD 800 Million in 2020. expected to USD 5200 Million by 2028, CAGR 29.5% over the forecast period.