Ethereum (ETH) 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.