Ethereum Crashed 90% Three Times. Each Time the World Said It Was Over. Each Time It Came Back Stronger.
Ethereum dropped from $1,400 to $80. Developers were called delusional. Projects shut down. Media wrote the obituary.
It came back.
Crashed again during Covid panic. Everyone who bought near the top was sitting on massive losses. The same voices said the same things.
It came back stronger and hit $4,800 the following year.
Luna collapsed. FTX collapsed. Everything collapsed together. Ethereum dropped over 80% again. This time people had real reasons to believe it was finished.
Then the Merge happened. Ethereum switched its entire consensus mechanism without shutting down. Something engineers said was impossible. Like changing a plane engine mid flight.
It came back again.
Here is what three crashes taught anyone paying attention.
The projects that survive bear markets are not the ones with the loudest communities or the best marketing. They are the ones where real developers kept building quietly while everyone else was panicking and selling.
Every time Ethereum looked dead there were people writing code at 2am who never stopped believing in what they were building.
That is the only reason it is still here.
Most things that crash 90% never recover. Ethereum has done it three times and come out bigger each time.
What do you think happens the next time it crashes? 👇
