Ethereum has a short history as it is a new platform in the market. It was released for the first time to the public in 2015 by Vitalik Buterin. Before the official launch in 2015, he wrote the concept in 2013 on paper before publishing a white paper. A pre-sale of ether was enacted to create a stable network for miners and partners, raising more than $14 million.
In 2016, ether added homestead as an upgrade to their network. DAO raised more than $150 million in the same year. In 2017, Russia , eToro, and AVATrade endorsed ethereum. Currently, they have a broad reach and market capitalization of around $48.7 billion.