Farcaster

In 2021, Ethereum was $2,600.
In 2022, it was still $2,600.
In 2023? Yep, $2,600.
2024? You guessed it, $2,600.
And now in 2025… still $2,600!
But here’s the twist: while the price hasn’t changed, Ethereum itself has evolved massively.
In August 2023, Base launched as a Layer 2 on Ethereum. It made transactions way faster, blocks every 2 seconds instead of Ethereum’s 12 seconds. And it can process over 1000 transactions per second, while Ethereum handles around 15–30.
Base also helped Ethereum scale like never before. By late 2024, Base had over $4 billion TVL, even more than Arbitrum.
So yeah, Ethereum still costs $2,600.
But the 2025 Ethereum is not the same as the 2021 Ethereum.
Thanks @base @jessepollak