If You Invested $1,000 In Ethereum At Launch, Here's How Much You'd Have Now

Zinger Key Points
  • Ethereum was proposed via a white paper written by Vitalik Buterin in 2014.
  • The cryptocurrency was launched in 2015 and is now the second most valuable crypto in the world after Bitcoin.

Ethereum ETH/USD was launched in 2015 and has become the second most valuable in the crypto sector over time, worth $226 billion today.

As the cryptocurrency turns eight years old, here’s a look at how much an investment at the launch of Ethereum would be worth today.

What Happened: Ethereum co-founder Vitalik Buterin proposed the digital currency via a 2014 white paper, with the goal of adding scripting to make it easier for application development and to set up binding contracts.

Ethereum was officially launched on July 30, 2015. During its first calendar year, Ethereum traded between $0.42 and $1.39 with a starting price of around $0.74 according to SoFi. The first Ethereum transaction was carried out on Aug. 7, 2015, according to Global Data.

Ethereum gained momentum thanks to its listing on cryptocurrency platform Coinbase Global Inc COIN. It became the second-ever cryptocurrency, after Bitcoin BTC/USD, to be listed on the platform.

Over the years there have been several major events and updates to Ethereum including the fork of Ethereum 2.0 and Ethereum Classic ETC/USD.

Ethereum saw increased attention and a surge in valuation related to the boom of non-fungible tokens in 2021. Many of the NFTs were built on the Ethereum blockchain, including CryptoPunks and Bored Ape Yacht Club. A record sale of a Beeple NFT created interest in NFTs and Ethereum.

While 2022 brought several bankruptcies of cryptocurrency companies and sent the price of Ethereum lower, it also was the year of another important event for Ethereum with the merge that happened in September of last year.

The Ethereum merge took the cryptocurrency from being a proof-of-work, such as Bitcoin, to proof-of-stake.

Related Link: How To Buy Ethereum 

Investing $1,000 in Ethereum: An investment in the second largest cryptocurrency the year it launched would have generated a strong return for investors.

While it was harder to invest in Ethereum prior to its inclusion on major cryptocurrency exchanges, investors were able to get the crypto after it launched.

Based on a starting price of $0.74, an investor could have purchased 1,351.35 ETH at the time of launch.

The $1,000 investment in Ethereum at launch would be worth $2,527,943.42 today based on a price of $1,870.68 at the time of writing.

At its all-time high of $4,815 set in November 2021, the $1,000 investment in Ethereum at the time of launch would have been worth $6,506,750.25.

Ethereum has traded between $1,081.14 and $2,137.45 over the last 52 weeks. There is no guarantee that the cryptocurrency will return to yearly or all-time highs.

While many missed out on investing in Ethereum in the early days, the exercise shows that sometimes investing a small amount in a high-conviction idea can have a huge payout in the future.

Now Read: Exclusive - Will Bitcoin, Dogecoin, Ethereum Or Solana Gain More In 2023, 39% Of Benzinga Followers Said This

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Posted In: CryptocurrencyNewsEducationTop StoriesMarketsGeneralEthereumEthereum Mergeif you invested 1000 catalystNFTsnon-fungible tokensproof-of-stakeProof-Of-WorkVitalik Buterin
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