Babies! The ever-green tree of the crypto circle, Ethereum ETH, directly influences the price with each major upgrade 📈📉
From the genesis in 2015 to the latest iteration in 2025, every upgrade is a watershed moment for the market!
And tomorrow Ethereum will welcome another upgrade
2️⃣ 2015-2016 Genesis Period | Frontier → Homestead Upgrade
Core Upgrade: From experimental version Frontier → stable version Homestead, reinforcing security and optimizing Gas
Price Trend:
• The genesis price in 2015 was only $0.31, with a minimum reaching $0.42
• The Homestead upgrade was completed in 2016 + DAO fork repair, stabilizing at $20.5 by the end of the year, skyrocketing over 20 times 📈
✨ Impact:
Completely bidding farewell to unstable 'test products', community consensus formed, ETH transitioning from niche token to public chain foundation, laying the ecological foundation!
3️⃣ 2017 ICO frenzy｜Byzantium Upgrade
Core upgrade: reducing mining rewards, optimizing smart contracts, adapting to ICO explosion
Price trend:
Beginning of the year 8.8 USD → December surged to 1432.88 USD, an annual increase of 160 times💥
✨ Impact:
Ethereum becomes the only mainstream platform for ICOs, ERC-20 tokens fully explode, securing the leading position of public chains!
4️⃣ 2018-2019 Crypto Winter｜Constantinople Upgrade
Core upgrade: continuing to reduce mining, enhance security, but no disruptive changes
Price trend:
Lowest plummeted to 82.83 USD in 2018, down over 90% from its peak📉
2019 fluctuated between 102-361 USD, bear market could not be revived
✨ Impact:
Technical upgrades can't withstand the macro bear market! Cycle > technology, quietly paving the way for the next bull market.
5️⃣ 2020-2021 Bull Market Peak｜London Upgrade (EIP-1559)
Core upgrade: Major EIP-1559! Transaction fees burned, ETH officially enters deflationary mode
Price trend:
Lowest 95 USD in 2020 → November 2021 hit a historical high of 4891.7 USD📈
✨ Impact:
Value logic completely rewritten! From inflationary currency to value storage asset, DeFi + NFT dual explosion, Ethereum = global settlement layer.
6️⃣ 2022 Historic Turning Point｜Paris The Merge Upgrade
Core upgrade: PoW mining → PoS proof of stake, energy consumption plummeting by 99.95%⚡
Price trend:
Throughout the year fluctuating between 896-3581 USD, weakened by interest rate hikes, ending the year at 1196 USD
✨ Impact:
Technical milestone achieved! ESG image maximized, staking ecosystem explosion, clearing obstacles for the Shanghai upgrade.
7️⃣ 2023 Liquidity Liberation｜Shanghai Upgrade
Core upgrade: allowing free withdrawal of staked ETH, addressing the pain point of only being able to deposit but not withdraw
Price trend:
Lowest 1192 USD → Highest 2445 USD, fluctuating upwards, market confidence restored
✨ Impact:
PoS mechanism fully operational! Staking derivatives explosion, ETH liquidity significantly enhanced, institutions continuing to enter.
8️⃣ 2024 Year of Expansion｜Cancun Dencun Upgrade
Core upgrade: EIP-4844 implementation, Layer2 transaction fees plummeting by 10-100 times🚀
Price trend:
Beginning of the year 2113 USD → Highest this year 4106 USD, ETF approval + Layer2 explosion as dual drivers
✨ Impact:
Thoroughly solving congestion and high Gas fees! Layer2 taking off completely, but a positive news sell-off leading to a drop, immediate correction upon landing.
9️⃣ 2025 New High and Correction｜Pectra→Fusaka Continuous Upgrade
Core upgrade: intelligent wallets, enhancing Blob throughput, optimizing Layer2 efficiency
Price trend:
Lowest 1386 USD → August reaching 4953.73 USD near historical high → year-end retreat to 2900 USD
✨ Impact:
Continuous iteration of technology, Layer2 trading volume surpassing the mainnet, but ecological prosperity ≠ direct increase in mainnet value
Staking yield decline, institutional capital diversion, once again verifying: upgrades are just catalysts, cycles are the decisive factors!#ETH🔥🔥🔥🔥🔥🔥 #eth升级 $ETH $BNB
