There is a possibility that you came to know about cryptocurrencies and Bitcoin when you started exploring Ethereum (ETH). Surprisingly, the majority of the independent crypto-community members in the present time first heard about Ethereum. This is when they started growing interested in ETH and wanted to know more about it.

Once they started exploring Ethereum, they realized that Ethereum is not the only cryptocurrency but one of the major ones. It is Ethereum that has managed to attract the majority of the investors to the crypto-sector.

While the corporate and mainstream investors invest heavily in Bitcoin, the independent and medium-level investors like to invest in Ethereum. This is because Ethereum is still in the reach of small-time investors while Bitcoin has reached all the way up to $70k per BTC.

If you have $4k or $4.5k to spare, you can still acquire an Ethereum but the situation completely changes when it comes to Bitcoin price. Ethereum is the second-largest cryptocurrency today and it has been this way ever since it came into being. 

Although the cryptocurrency sector had existed since 2009, it wasn’t until 2015, when Ethereum was launched. However, Ethereum beat all other cryptocurrencies and earned the status of being the second-largest cryptocurrency, only behind Bitcoin. 

Ethereum not only added itself as just another ordinary cryptocurrency, but it added itself as a revolutionary network. Following the launch of the Ethereum network, the entire crypto-sector evolved into something so big that it has become an entire universe.

Ethereum not only launched its native token (Ether – ETH), but it also allowed other developers to launch their cryptocurrencies through the Ethereum blockchain. Since then, several cryptocurrencies have been launched through the Ethereum blockchain.

The price analysis for Ethereum shows that the digital asset continued demonstrating high performances ever since its launch in 2015. Similar to Bitcoin, Ethereum started gaining all-time highs starting January of 2021. It was on January 3, 2021, when Ethereum crossed the $1,000 per ETH barrier for good, never to look back again. 

It was on January 25, 2021, when ETH hit its all-month high hitting $1,467.78 per ETH. Then in the month of February, Ethereum hit an all-month and all-time high of $2,036.29, on February 20, 2021, up until that time.

For the month of March, Ethereum was not able to hit an all-time high, but in April, Ethereum broke through the $2k barrier for good. It was on April 29, 2021, when Ethereum went all the way up to hitting its all-time and all-month high of $2,797.97 per ETH. 

Then Ethereum stepped into the month of May where it even crossed the $4.36k per ETH barrier before feeling the largest plunge due to the overall crypto-market plummet. Then from May until the end of July, Ethereum continued experiencing the downtrend and then started making a comeback starting August of 2021.

From that point onwards, the price of ETH has continued growing and as of now, it is revolving at a price of $4.3k per ETH. 

Throughout its journey, the Ethereum blockchain went through several highs and lows that resulted in the network losing its user base. However, Ethereum managed to make comebacks and it is now gradually regaining the reputation it had back in December of 2020.

As Ethereum blockchain hosted so many cryptocurrencies, it started feeling a huge amount of pressure as the transaction flows and adoption on the network grew higher and higher.

At this point, Ethereum started facing huge issues in terms of transaction latency, delays, disruptions, and even high gas fees. The problem started growing bigger in December of 2020 and continued until the end of August. Then it was the beginning of September when Ethereum deployed its hard fork in London, UK. 

The hard fork was to fix all the problems that the network was facing and since then, it has been making improvements to its Eth2.0 protocol. The network is now on the right track and its trend shows that ETH is to hit another all-time high by the end of December of 2021.