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Ethereum Price in 2024

In 2024, the price of ethereum averaged $3,048.00 per coin, up 69.8% from the year before. This page covers the 2024 average, high, low, and year-end close, the events that moved the market, and what that ethereum would be worth in today's dollars.

2024 Average

$3,048.00

Annual average of daily closes

Change vs 2023

+69.8%

from $1,795.00 in 2023

What happened to the ethereum price in 2024

Ethereum averaged $3,048.00 per coin in 2024, surging 69.8% from the $1,795.00 average of 2023. Annual moves of that size are rare and put 2024 among the most explosive years in the asset's modern history. The defining story of 2024: US spot Ethereum ETFs launched (July 2024); Dencun upgrade (March) lowered L2 fees; ETH ranged roughly $2,200-4,100..

The 2020s made Ethereum a core financial platform. DeFi Summer and the NFT boom drove the run to a record near $4,800 in 2021, the network completed its Merge to proof-of-stake in 2022, and US spot ETFs arrived in 2024.

Adjusted for inflation, ethereum's 2024 average of $3,048.00 equals about $3,132 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of ethereum in 2024?
Ethereum averaged $3,048.00 per coin in 2024, based on annual average data from daily closing prices. That average was up 69.8% from $1,795.00 in 2023.
What is a 2024 ethereum price worth in today's dollars?
Adjusted with the US Consumer Price Index, ethereum's 2024 average of $3,048.00 works out to roughly $3,132 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
What moved the ethereum price in 2024?
The defining story of 2024: US spot Ethereum ETFs launched (July 2024); Dencun upgrade (March) lowered L2 fees; ETH ranged roughly $2,200-4,100.. Against that backdrop, the annual average climbed 69.8%, from $1,795.00 in 2023 to $3,048.00.

Annual figures are the mean of daily closing prices in US dollars; 2015 is a partial year from the July 2015 mainnet launch. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.