#ETHBreaks2k The transition to 2000 $ Ethereum (ETH) was a notable event in the history of this cryptocurrency. In August 2022, the price of Ethereum surged by over 120% in just two months, reaching $2000, marking a significant recovery after a low of around 900 $ in June of the same year. This increase was supported by the anticipation of "The Merge", the highly awaited transition of the Ethereum network from Proof-of-Work (PoW) to Proof-of-Stake (PoS), which was expected to improve the energy efficiency and scalability of the network.