Ethereum Price History – All-Time Data & Milestones
Ethereum's price history is a story of explosive growth, dramatic corrections, and remarkable resilience. From its initial coin offering (ICO) price of $0.31 in 2014, ETH reached an all-time high of $4,946 in August 2025 — representing a gain of over 500,000% for early investors.
Ethereum is now trading approximately 55% below its all-time high, around $2,240 USD. This level of correction is historically normal for Ethereum following major bull market peaks, with previous cycles seeing 80–90% drawdowns before the next major rally.
Key Ethereum Price Milestones
- 2014 ICO: $0.31 per ETH
- January 2018: ~$1,400 (first major ATH cycle)
- November 2021: ~$4,800 (second major cycle peak)
- June 2022: ~$900 (post-bear market low)
- August 2025: $4,946 all-time high
- February 2026: ~$1,800 (cycle correction low)
- April 2026: ~$2,240 (current price)
Ethereum's Market Cycles
Ethereum has historically followed a four-year market cycle loosely correlated with Bitcoin halving events. Each cycle has brought a new all-time high, followed by a significant correction, and then a period of consolidation and recovery. Standard Chartered projects ETH could reach $12,000 by end-2026 in an optimistic scenario, while more conservative estimates from Citi place year-end targets around $3,175.
Long-term price models including the Power Law and Metcalfe's Law point to a price range of $25,000–$50,000 by 2030 under moderate adoption scenarios, highlighting Ethereum's significant upside potential relative to current prices.
