On January 2, 2016, the price of Ethereum (ETH) was approximately $3,000, marking the first full year since Ethereum's launch. That day was not a traditional "Black Friday" (usually referring to the shopping promotions after Thanksgiving in November), but an ordinary trading day in Ethereum's development history.

2016 was a significant year for Ethereum. During this year, Ethereum transitioned from an experimental phase to a正式版本, launching the Homestead hard fork on March 14, which signaled a more stable development stage for the network. However, the The DAO incident in June became the biggest test of the year — hackers exploited a smart contract vulnerability to steal about 3.6 million ETH (worth approximately $50 million at the time), causing a split in the Ethereum community and ultimately leading to a hard fork that created two chains: ETH and ETC. Although this event caused short-term price fluctuations (dropping from about $15 in early June to around $8 in early July), it laid the foundation for the healthy development of the Ethereum ecosystem in the long run.

It is worth noting that on January 2, 2016, there was an armed insurgency in Oregon, USA, where about 150 armed militants occupied a federal government building. This event was called the "1·2 American Militia Uprising," but it has no direct relation to Ethereum's market performance.