Ethereum (ETH) is one of the world’s leading cryptocurrencies and was created by Vitalik Buterin and other co-founders. Ethereum was officially launched on July 30, 2015, when its first block, the Genesis Block, was mined.
Before the mainnet launch, Ethereum conducted a public Ether sale in 2014. After trading began, ETH was initially worth only a few dollars. By September 2015, Ethereum’s official records show an ETH price of about $1.24.
Over the years, ETH experienced major rises and falls as cryptocurrency adoption grew. It reached prices above $4,000 during major market rallies. The coin has also experienced significant corrections, showing how volatile the crypto market can be.
As of September 18, 2026, ETH is trading around $2,500, with Indian market data showing approximately ₹2.39 lakh per ETH. Prices can change continuously depending on the exchange and market conditions.
Ethereum is more than a cryptocurrency: its blockchain supports smart contracts and decentralized applications (dApps).