Introduction
Introduction
Ethereum (ETH) is one of the most well-known and widely used cryptocurrencies and plays a revolutionary role in the world of blockchain technology. Built to power decentralized applications (dApps) and enable smart contracts, Ethereum offers a unique set of features that changed how we think about finance, technology, and digital ownership.
Want to buy or sell Ethereum (ETH)? The Abarai platform is the best solution! Unlike conventional platforms, Abarai provides a smooth experience without complicated signups and KYC checks for most transactions.
Ethereum Price: Historical Evolution of ETH Value
Ethereum Price: Historical Evolution of ETH Value
2015–2016: Launch and early trading
- Ethereum officially launched on July 30, 2015, with ETH priced around €1.20. During the 2014 initial coin offering (ICO), ETH was sold at $0.311.
- Within a few months, ETH fell below €0.50 as investors were uncertain about the project’s future.
- Towards the end of 2015 the price recovered to around €1.
2017–2018: Exponential rise and major corrections
- ETH expanded rapidly in 2017, reaching ~€650 in December.
- In January 2018 ETH hit an all-time high of ~€1,300 amid crypto euphoria.
- The market then entered a sharp decline; by year-end ETH had lost over 90% of its value, dropping to ~€110.
2019–2020: A period of stabilization
- 2019 was relatively stable, with ETH ranging between €100 and €330.
- In 2020, the COVID-19 shock first pushed ETH down to €72, but it recovered by year-end to €640.
2021–2025: Growth and technological impact
- 2021 brought another surge, with ETH reaching an absolute high of €4,228 in November.
- 2022 saw a significant drawdown; by December 2022 ETH traded near $860. Through 2023–2024 a gradual recovery followed, with levels approaching the prior ATH. Afterwards, corrections set in; at present 1 ETH is ~ $1,450.
Why ETH’s price isn’t identical everywhere
You may notice slight differences in ETH prices across exchanges. That’s normal and comes from:
- Market liquidity: Some exchanges attract higher volumes, leading to more stable pricing.
- Trading fees: Each platform has its own fee model, affecting the effective price you pay/receive.
- Price refresh speed: Some update in real time; others lag seconds or minutes, creating discrepancies.
- Local supply/demand: User behavior differs by platform, shifting order books and prices.
So before investing, it’s wise to compare prices across multiple exchanges to get the best deal.
Factors Influencing the Price of ETH
Factors Influencing the Price of ETH
The price of Ethereum (ETH) is shaped by a mix of economic and technological factors:
ETH supply and demand
A key driver is the supply–demand balance. After the “Ethereum London” hard fork, the network began burning a portion of transaction fees (gas), creating deflationary pressure. With supply reduced over time, ETH has a strong chance to appreciate if demand stays high.
Bitcoin dominance
Bitcoin, the first and best-known cryptocurrency, still sets the tone for the market. When BTC rises, the rest of the market—including ETH—typically follows.
Want to learn more about BTC dominance? Read: “Bitcoin Dominance: How BTC Dominance Helps Us Seize Crypto Market Opportunities”
Established status
Investors view Ethereum (alongside Bitcoin) as a blue-chip crypto asset with history and resilience, often preferred for longer-term strategies versus newer, more volatile coins.
Platform upgrades
Technological progress on Ethereum strongly affects value. Over the years ETH has undergone major upgrades to improve scalability, speed, and overall efficiency.
A notable example is Ethereum 2.0 (Eth2/Serenity), which introduced Proof-of-Stake (PoS). The shift brought major energy-efficiency gains and increased institutional interest in Ethereum’s blockchain.
Institutional investment
Practical use cases have drawn institutions to Ethereum. For example:
- In 2021, the European Investment Bank issued a digital bond on Ethereum.
- Visa processed transactions with the USDC stablecoin over the Ethereum network.
NFT market growth
NFTs have exploded in popularity, and most are issued on Ethereum. Reports showed the NFT market exceeded $250M in 2020 and has continued expanding, with NFT activity on Ethereum boosting ETH demand.
The DeFi boom
Ethereum is the backbone of decentralized finance (DeFi). With dApps and tokens built on ETH, it became the leading choice for DeFi users.
What does this mean for investors?
Ethereum is an attractive long-term opportunity, though still a high-risk asset due to crypto’s inherent volatility. Investors should monitor:
- Technology adoption and network upgrades
- Bitcoin market swings
- Growth of NFT and DeFi markets
- Demand from users and financial institutions
History of Ethereum (ETH)
History of Ethereum (ETH)
As we’ve seen, Ethereum is an open-source, blockchain-based platform that supports smart contracts and decentralized applications. Its native currency is Ether (ETH), used for transactions and network incentives. Unlike Bitcoin, Ethereum’s flexibility lets developers build their own applications directly on the network—turning it into a platform for innovation.
Ethereum’s story begins in 2013, when Vitalik Buterin—then a young programmer active in the Bitcoin community—published a whitepaper proposing a blockchain capable of far more than simple payments: a decentralized platform supporting complex, customizable applications.
Key development milestones
- 2014 crowdsale: Development was funded via crowdfunding; users bought ETH with Bitcoin.
- 2015 launch: Ethereum went live on July 30, 2015 (codename Frontier), focusing on a stable foundation for developers.
- 2016 hard fork: After “The DAO” collapse, Ethereum split into two chains—Ethereum (ETH) and Ethereum Classic (ETC).
To address scalability, Ethereum began rolling out Ethereum 2.0, introducing Proof-of-Stake to reduce energy use and increase throughput.
Main phases
- Beacon Chain (2020): Initial PoS chain launch.
- The Merge: The main Ethereum chain merged into the PoS architecture.
- Shard Chains: Splitting workload across shards to boost scalability.
These changes are transforming Ethereum into an even more efficient platform.
Functions of Ethereum (ETH)
Functions of Ethereum (ETH)
Designed to power decentralized applications and smart contracts, Ethereum brings a set of capabilities that reshaped finance, tech, and digital ownership.
Decentralized applications (dApps): the power of decentralization
Ethereum is a global, open platform for building and running dApps. They run on Ethereum’s blockchain and aren’t controlled by any central entity. Ideal for:
- Secure digital voting systems that reduce election-fraud risk
- Decentralized social networks where users control their data
Benefits:
- No censorship — no one can take down the apps you deploy
- Reliability — as long as Ethereum runs, your app is reachable
- Transparency — dApp code is often public and auditable
Popular dApp areas include blockchain gaming, DeFi platforms, and data-management tools.
Smart contracts: automating trust
Smart contracts are self-executing agreements with rules encoded on-chain. Common uses include:
- Real-estate transfers without notaries
- Automatic rental payments for equipment or property
- Parametric insurance that pays out instantly when criteria are met
Benefits:
- Eliminate intermediaries — the contract enforces itself, saving time and money
- Automatic execution once conditions are satisfied
Decentralized finance (DeFi)
- Decentralized exchanges (DEXs): Platforms like Uniswap enable peer-to-peer swaps without a central authority.
- Lending/borrowing: Protocols like Aave and Compound let users lend or borrow crypto assets.
- Stablecoins: Tokens such as USDT aim to maintain a stable value.
- Yield farming: Users earn rewards by providing liquidity to DeFi protocols.
Non-fungible tokens (NFTs)
Ethereum leads for NFTs—unique digital assets transforming creative industries:
- Digital art — artists sell originals directly to fans
- Music — musicians monetize without intermediaries
- Games — ownership of unique in-game items (e.g., Axie Infinity)
Benefits: direct monetization for creators; verifiable ownership and authenticity recorded on-chain.
Decentralized Autonomous Organizations (DAOs)
DAOs are organizations governed by rules encoded in smart contracts. Token-holders vote on proposals rather than relying on centralized hierarchies. Uses include community-run startups and transparent charities.
Tokenization
Ethereum enables tokenizing virtually any asset:
- Real estate (fractional ownership or rentals)
- Commodities (e.g., gold, oil) represented digitally
- Intellectual-property rights and licenses
- On-chain representations of company shares
Payments and value transfer
With Ether (ETH), payments can be fast and low-cost:
- International transfers without high bank fees
- Fast, secure peer-to-peer transactions
- Micropayments for small online purchases
Practical examples
Gaming: NFT-based item ownership, play-to-earn models, and audited secondary markets for safe trading.
Supply-chain management: Full transparency of product origin, anti-counterfeiting, and reduced waste through real-time stock tracking.
Advantages of Ethereum for Investors
Advantages of Ethereum for Investors
For those exploring investment opportunities, Ethereum offers several compelling strengths:
Innovation leader
Ethereum introduced smart-contract concepts that reshaped blockchain and digital business:
- The platform behind most major blockchain innovations
- Constantly attracts developers and capital, reinforcing industry leadership
Growing ecosystem
A massive developer and user base drives network effects. The more people use Ethereum for transactions, DeFi, NFTs, and more, the more valuable the network becomes.
Keep in mind:
- Unmatched number of dApps compared to most other chains
- Active community accelerates development and project support
- DeFi adoption keeps boosting demand for ETH
- NFT activity predominantly runs on Ethereum
- Web3 foundations rely heavily on Ethereum
Yield potential (staking)
With the move to Proof of Stake, ETH holders can stake to help secure the network and earn rewards—turning validation into a way to generate passive income.
- Accessible passive-income opportunities by staking ETH
- Investors can actively participate in network security
Access via traditional instruments
Ethereum-based ETFs are opening doors for traditional investors:
- Exposure to Ethereum without holding the asset directly
- Greater accessibility can translate into higher demand for ETH
While Bitcoin is often called “digital gold,” Ethereum’s practical utility makes it more than a store of value. Its growing popularity and wide real-world applications make ETH a strong candidate for long-term investors.
How to Buy ETH from Abarai. Live Updated ETH Price
How to Buy ETH from Abarai. Live Updated ETH Price
Ethereum is far more than a cryptocurrency—it’s a decentralized platform enabling developers to build smart-contract applications. As the second most popular crypto asset after Bitcoin, ETH is a great choice for investing, for dApps, or simply for exploring blockchain.
Thinking about buying ETH and want a simple, fast, and secure process? Use Abarai.
Why choose Abarai?
- Fast, secure transactions: No account or KYC needed for transactions under 5,000 RON. Enter the amount and your ETH wallet address—done.
- Anonymity for swaps and instant transfers.
- Low, transparent fees: See the exact fee up front—no hidden charges.
- Safety and control: Abarai does not custody your funds. Purchased ETH is sent directly to your wallet.
- Accessible anywhere, in Romania or worldwide.
- Romanian-language support: The only exchange in Romania offering full Romanian support—talk to an expert whenever you need help.
Simple steps to buy ETH on Abarai
- Go to the Abarai website
Visit www.abarai.ro and choose “Buy”. - Enter the desired amount
Select how much ETH you want—or the RON amount you want to spend. - Enter your ETH wallet address
Provide the address where you want to receive ETH (double-check it’s correct). - Make the payment
Choose your method:- Debit/credit card
- Revolut
- Other options available on the platform
- Receive ETH instantly
After confirmation, your ETH arrives in minutes.
Helpful tips for investors
- Use a secure wallet (e.g., MetaMask, Trust Wallet, or a hardware wallet).
- If you’re new, start with a small amount to learn the process.
- Always double-check the wallet address before sending.
Why avoid other platforms and choose Abarai?
- Most platforms require lengthy KYC for any transaction.
- Unlike exchanges that custody user funds (creating attack risk), Abarai does not store your funds—you keep full control.
Frequently Asked Questions
Frequently Asked Questions
What is the highest ETH price ever in EUR?
The highest recorded ETH price in EUR was approximately €4,142.17, reached on November 9, 2021.
What is the highest ETH price ever in USD?
The highest recorded ETH price in USD was approximately $4,891.70, reached on November 16, 2021.
What is the lowest ETH price ever in EUR?
The lowest recorded ETH price in EUR was about €0.381455 on October 20, 2015, shortly after launch.
What is the lowest ETH price ever in USD?
The lowest recorded ETH price in USD was about $0.4209 on October 21, 2015.
How can I buy Ethereum?
Buy ETH quickly—no complicated accounts or KYC—using Abarai. Secure transactions, anonymity, and transparent fees.
What is the future of Ethereum?
Ethereum’s roadmap focuses on improving scalability, security, and sustainability through future upgrades. It’s expected to remain a leading platform for decentralized applications and blockchain innovation.