"How Did Ethereum Come About?" Popular Science

Many people don't know how Ethereum originated and how it has progressed along the way. Today, I will share its journey with you. The story is truly filled with blood, sweat, and tears—more exciting than a TV drama by ten thousand times.
🌹 First Stage: July 2014, ETH issued at a price of 1.86 yuan. After issuance, it traded sideways in the 1.4 to 2 yuan range for a whole year. Most people couldn't hold on and sold, basically earning nothing, some even losing money.
🌹 Second Stage: August 2015, price rose to 23 yuan, a 12-fold increase. Many took profits and exited. In November, it fell back to 2.7 yuan, a 90% decline. During this big rise and fall, over 90% of people sold out, some even cut losses.
2016 was an even more exciting year. In March, it entered a rapid growth phase, soaring to 98 yuan, a 36-fold increase in one month. Unfortunately, less than 10% of people enjoyed this wealth increase. In April, a thunderbolt struck—dropping to 45 yuan. Many started shouting that Ethereum was a scam. Little did they know, in June it surged again to 138 yuan, then fell to 54 yuan in August, rose to 92 yuan in September, and dropped again to 38 yuan in December. The year was full of ups and downs, turbulent and unpredictable. Although 2016 was tumultuous, it laid a dual foundation for Ethereum's popularity and market.
🌹 Third Stage: March 2017, it surged directly to 350 yuan, a ninefold increase in three months. Then, the well-known "ICO" craze swept China—every project issued tokens on the Ethereum blockchain, and all fundraising was in ETH. In June 2017, it reached 2660 yuan, a 70-fold increase in six months. In July, it fell to 850 yuan, a 78% decline. In October, it rose to 2520 yuan; in November, to 3280 yuan.
In January 2018, it hit an all-time high of 9100 yuan. Over just over three years, Ethereum increased by 4900 times;
🌹 Fourth Stage: 2018, the bear market began. Starting in March, from over 9000 yuan, it dropped to 2280 yuan, a 75% decline. In April, it rose again to 5380 yuan. In September, it fell to 1070 yuan, an 88% decline. The most dramatic drop was in December, falling to 525 yuan, a 90% decline.
🌹 Fifth Stage: June 2019, it rose to 2350 yuan; December, it fell to 720 yuan. In March 2020, the panic hit—ETH plummeted to 550 yuan, an over 88% drop. Only after the rise of DeFi in October-December did it recover, reaching 5720 yuan. Then, it started climbing again.
🌹 Sixth Stage: November 10, 2021, it surged to 31,200 yuan.
In less than 7 years, ETH has increased by 15,000 times. If you had bought 1,000 yuan back then, you would now have 15 million yuan. Ask yourself—can you really hold on?
Therefore, in the crypto world, two things are most likely to make you poor: bouncing around like a monkey and leveraged contracts.
After years of storms and ups and downs, only those who can hold on are the winners. Great wealth doesn't require extraordinary intelligence—just enough patience. Those who achieve great things have great perseverance!