Share this article
Ether Breaks $2,500 for the First Time in Wake of Berlin Fork
The hype around ether is also reflected in the derivatives market.
By Muyao Shen
Updated Sep 14, 2021, 12:41 p.m. Published Apr 15, 2021, 9:27 p.m.
Ether continued its rally on Thursday after the Berlin hard fork on the Ethereum blockchain went live earlier the day, surpassing $2,500 for the first time in history.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The No. 2 cryptocurrency by market capitalization traded around $2,498.91 at press time, just slightly down after it briefly went as high as $2,503.92.
- Ether's price has been outperforming bitcoin's on Thursday, as the Ethereum blockchain's much anticipated Berlin hard fork went live earlier in the day.
- The upgrade, which sets up the network for the much bigger London hard fork in July, incorporates four Ethereum Improvement Proposals (EIPs).
- The hype around ether is also reflected in the derivatives market, as open interest in ether's options market rose to a record high above $3 billion on Wednesday.
- The late-day surge also could be due to news that the Rothschild Investment took at initial $4.75 million stake in the Grayscale Ethereum Trust. Grayscale is owned by CoinDesk parent company Digital Currency Group.
UPDATE (April 15, 23:48 UTC): Adds news of Rothschild's investment.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Rebounds to $93K From Post-Fed Lows, but Altcoins Remain Under Pressure
Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.
What to know:
- Bitcoin rebounded from a sharp early selloff on Thursday to trade above $93,000 shortly after the close of U.S. stocks.
- The late-day gain in bitcoin came alongside a rebound in the Nasdaq from big morning losses; the tech index closed with just a 0.25% loss.
- Downward pressure on bitcoin is losing steam, said one analyst, but the market is not yet out of the woods.
Top Stories
