Introduction
Ethereum (ETH), the world's second-largest cryptocurrency, has a fascinating market history. This article explores:
- The first exchange to list ETH
- Exact launch date and initial price
- Key market data from 2015 to present
- Future price projections
The First Ethereum Exchange: Kraken
Historical records confirm Kraken as the first exchange to list Ethereum:
- August 7, 2015: ETH debuted at $2.77 on Kraken (CoinTelegraph)
- Established 2011: Originally traded Bitcoin/Litecoin before adding ETH
- Industry recognition: Known for early adoption of innovative blockchain projects
👉 Discover how Kraken pioneered ETH trading
ETH Launch Timeline
Key Dates
| Event | Date | Details |
|---|---|---|
| Ethereum mainnet | July 30, 2015 | Blockchain went live |
| First ETH listing | August 7, 2015 | Trading began on Kraken |
| First recorded price | August 7, 2015 | $2.92 (~¥18.25 at 6.25 USD/CNY) |
Price Volatility in Early Days
- Day 1: $2.77-$2.92 (sources vary)
- First week: Dropped to $0.68 due to sell-offs
- 2016 recovery: Surpassed $10 by March
ETH Price Evolution (2015-2025)
Milestone Prices
| Year | Price (USD) | Equivalent CNY | Market Event |
|---|---|---|---|
| 2015 | $2.92 | ¥18.25 | Initial listing |
| 2017 | $750 | ¥4,942.50 | ICO boom peak |
| 2021 | $4,878 | ¥31,351.00 | All-time high (NFT expansion) |
| 2024 | $2,500 | ¥18,000.00 | ETF approvals |
| 2025* | $2,250 | ~¥16,500 | Current projection |
*As of March 2025 estimates
Market Influencers
- Technological upgrades: Ethereum 2.0 improvements
- Institutional adoption: ETF approvals
- Global regulations: Varying policies impact prices
👉 See real-time ETH price trends
FAQs
When did ETH first trade?
August 7, 2015 on Kraken exchange.
What was ETH's starting price?
Approximately $2.92 (¥18.25).
How has ETH's price changed?
From $2.92 in 2015 to over $4,800 at its 2021 peak.
What drives ETH's value?
- Network utility (smart contracts)
- DeFi/NFT adoption
- Supply/demand dynamics
Where can I track ETH prices?
Reliable sources include CoinMarketCap and Kraken's official charts.
Conclusion
Ethereum's journey from its $2.92 debut to becoming a blockchain giant demonstrates cryptocurrency's volatile yet transformative potential. Investors should:
- Monitor technological developments
- Assess regulatory changes
- Diversify based on risk tolerance
For ongoing analysis:
👉 ETH market insights