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 May 4, 2025, Ethereum was worth 1,808.59 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.

Prices for ETHUSC Ether USD Coin including live quotes, historical charts and news. ETHUSC Ether USD Coin was last updated by Trading Economics this June 9 of 2025.

Prices for ETHBTC Ethereum Bitcoin including live quotes, historical charts and news. ETHBTC Ethereum Bitcoin was last updated by Trading Economics this April 28 of 2025.

The dominance of Ethereum (ETH) increased over the course of 2021 - after an initial decline - but was not as high as it was back in 2017. Within the crypto world, this so-called "dominance" ratio is one of the oldest and most investigated metrices available. It measures the coin's market cap relative to the overall crypto market - for instance, it shows how strong Bitcoin is compared to all the other cryptocurrencies that are not BTC, called "altcoins". In the case of Ethereum, the dominance somewhat reveals how often it is used for smart contracts and whether it is a popular blockchain for Decentralized Finance (DeFi) applications.

Prices for ETHNAD Ethereum Namibian Dollar including live quotes, historical charts and news. ETHNAD Ethereum Namibian Dollar was last updated by Trading Economics this May 28 of 2025.

Prices for COPETH Colombian Peso Ethereum including live quotes, historical charts and news. COPETH Colombian Peso Ethereum was last updated by Trading Economics this June 9 of 2025.

Prices for ETHEUR Ethereum Euro including live quotes, historical charts and news. ETHEUR Ethereum Euro was last updated by Trading Economics this May 28 of 2025.

Prices for SGDETH Singapore Dollar Ethereum including live quotes, historical charts and news. SGDETH Singapore Dollar Ethereum was last updated by Trading Economics this June 9 of 2025.

Prices for ETHAED Ethereum UAE Dirham including live quotes, historical charts and news. ETHAED Ethereum UAE Dirham was last updated by Trading Economics this June 9 of 2025.

Prices for ETHCAD Ethereum Canadian Dollar including live quotes, historical charts and news. ETHCAD Ethereum Canadian Dollar was last updated by Trading Economics this June 7 of 2025.

Prices for CNYETH Chinese Yuan Ethereum including live quotes, historical charts and news. CNYETH Chinese Yuan Ethereum was last updated by Trading Economics this June 9 of 2025.

Prices for ETHIDR Ethereum Indonesian Rupiah including live quotes, historical charts and news. ETHIDR Ethereum Indonesian Rupiah was last updated by Trading Economics this June 9 of 2025.

Prices for ETHJMD Ethereum Jamaican Dollar including live quotes, historical charts and news. ETHJMD Ethereum Jamaican Dollar was last updated by Trading Economics this June 9 of 2025.

Prices for ETHMYR Ethereum Malaysian Ringgit including live quotes, historical charts and news. ETHMYR Ethereum Malaysian Ringgit was last updated by Trading Economics this June 9 of 2025.

Prices for CHFETH Swiss Franc Ethereum including live quotes, historical charts and news. CHFETH Swiss Franc Ethereum was last updated by Trading Economics this June 9 of 2025.

Prices for PHPETH Philippine Peso Ethereum including live quotes, historical charts and news. PHPETH Philippine Peso Ethereum was last updated by Trading Economics this June 9 of 2025.

Prices for USDETH US Dollar Ethereum including live quotes, historical charts and news. USDETH US Dollar Ethereum was last updated by Trading Economics this June 9 of 2025.

Prices for ETHINR Ethereum Indian Rupee including live quotes, historical charts and news. ETHINR Ethereum Indian Rupee was last updated by Trading Economics this June 9 of 2025.

Prices for ETHAUD Ethereum Australlian Dollar including live quotes, historical charts and news. ETHAUD Ethereum Australlian Dollar was last updated by Trading Economics this June 8 of 2025.

Prices for MXNETH Mexican Peso Ethereum including live quotes, historical charts and news. MXNETH Mexican Peso Ethereum was last updated by Trading Economics this June 9 of 2025.