Ethereum's price volatility has been significant, but it aligns with its historical norms. Since its launch in 2015, Ethereum has experienced sharp fluctuations, with daily swings often exceeding 5%. Historical data shows volatility peaking during events like the 2021 DeFi boom and the 2022 FTX collapse. Recent trends, such as a 2024 price range between $2,881 and $3,188, reflect typical volatility driven by market sentiment, regulatory news, and technological upgrades. Metrics like the 10-day volatility percentage indicate Ethereum remains riskier than traditional assets but consistent with its crypto peers. While extreme spikes, like the 34% dip in 2021, are common, current fluctuations are within Ethereum’s historical range, fueled by its role in DeFi and NFTs. Investors should expect continued volatility due to external factors like Bitcoin’s performance and global economic conditions.