Ethereum passes $500 per coin for the first time on Wednesday. The cryptocurrency has risen over 5,000% so far this year. The price surge mirrors that of bitcoin, which passed $10,000 per coin for the first time on Tuesday evening and has already surpassed $11,000 per coin. The cryptocurrency market has ballooned in size this year to over $330 billion amid a flurry of interest from retail investors. Ethereum itself has risen over 5,000% in 2017.