Ethereum is the second-largest cryptocurrency by market capitalization. It’s the biggest altcoin, and went on a massive bull run in 2021, reaching an all-time high (ATH) of $4,840. The coin has made new lows since then, but the project’s future has given investors hope of another price spike.

In this guide, we make an Ethereum price prediction based on the coin’s history and the potential for future projects. We’ll also show you how to invest in Ethereum with low trading fees. 

Ethereum Price Prediction

ETH has tremendous upside potential, which we’ve highlighted in our Ethereum multi-year forecast.

  • End of 2023 – At the $4,000 price region, Ethereum will encounter heavy resistance, the same as the last bull run. As a result the coin could peak as high as $3,500 by the end of the year.
  • End of 2024 – As the effects of ETH 2.0 unravel and the platform becomes more robust to handle more transactions, ETH could see a decline in its gas fees. Consequently, the wider adoption could help ETH reach its new ATH at around $5,000.
  • End of 2025 – The domino effects of decreased gas fees and wider adoption could continue fueling the altcoin’s growth in 2025. However, buyers must also look at the overall sentiment to gauge the coin’s true potential. ETH could peak at $7,000 by 2025.
  • End of 2030 – Improved network interoperability, speed, and security will help build trust among the users in the long term. Thus, ETH could see a rally toward $40,000 in the coming decade.

Cryptoassets are a highly volatile unregulated investment product.

Ethereum

💠 Coin Name Ethereum
💲 Price $1,572.23
🔆 Coin Symbol ETH
⏳ Price Change 1h0.46%
🌕 Price Change 24h 2.96%
💵 Market Cap$192,399,471,744
🥇 Rank2
🌐 24h Volume$9,082,645,215
🔄 Circulating Supply122,373,866
💰 Total Supply122,373,866

Ethereum Price History

Is Ethereum a good investment? When Bitcoin resumed its bull run at the end of 2020, Ethereum followed suit. Most altcoins were stagnant, but Ethereum’s expanding use case made investors see its tremendous potential. Most investors didn’t expect Ethereum (ETH) to surge as high as it did, but it went more than 2x from the ATH set in 2018. Since ETH has experienced high volatility, let’s look at its history.

In 2013, programmer Vitalik Buterin developed Ethereum. The development work and crowdfunding began in 2014, and the network was live the following year. Ethereum is an open blockchain with smart contract functionality, home to digital money, global payments and applications. Buterin also ensured that the platform allowed people to build decentralized applications (DApps). We found several great DApps to invest in for the future.

Ethereum ranged throughout 2015, but it had a massive spike from the beginning of the following year. Investors enjoyed a bull run of 1,300% from just over $1 to $15.20 from January to March 2016. A significant correction followed, with the price losing more than half of its value and ETH closing off the year at just over $8. 

From January until March 2017, Ethereum’s price consolidated. But a spike followed in March 2017, then further upside followed when the price reached $53 in April. The price continued surging for the rest of 2017, encountering significant retraces of 40%. But that didn’t stop Ethereum from reaching a new ATH of $1,430 in January 2018.

After the ATH in 2018, Ethereum entered a multi-year bear market. During the global lockdowns in March 2020, the coin plummeted to $97. At the time, investors were in extreme fear, but the dip was temporary, as Ethereum made a V-bottom and began climbing in September 2020 to $481.

The price ranged until the end of November 2020. Ethereum’s price began surging in December, then topped out at $4,300 in May 2021, making a new ATH. Investors who got in during March 2020 enjoyed a 4,600% bull run. But that wasn’t the end of it. Although Ethereum lost 60% of its value after setting an ATH, it surged again to make a new ATH at $4,840 in November 2021.

Currently, the token is trading near $1,577 as of January 2023. 

  • Ethereum was developed in 2013, and the network was live in 2015
  • Price ranged for the rest of 2015 before a bull run of 1,300% in 2016
  • The price dropped to $8 by end of 2016 before reaching an ATH of $1,430 in January 2018
  • Global lockdowns in March 2020 plummeted the price to $97
  • A V-bottom formed, and Ethereum surged to an ATH of $4,840 in November 2021
  • The price of ETH dropped after setting an ATH before a short rise in the lead up to the Merge
  • ETH is currently trading at around $1,217 
  • The collapse of FTX has seen more bearish sentiment, with ETH ranging between $1,100 and $1,700

Ethereum Price Prediction 2023

Making a long-term prediction for Ethereum’s price means looking at the fundamentals. The more adoption Ethereum gets, the more likely it is for the price to rise. When the price reaches resistance at around $4,000, a catalyst event is one way that the price will break through that level.

With the release of Ethereum 2.0, the platform is can support between 20,000 – 100,000 transactions per second, while a part of the developments include making Ethereum more secure to counterattacks – the Merge has also become more energy efficient, as outlined above.

Ethereum is already, by far, the most-used and most popular chain for builders of other decentralized apps (dApps) to build upon and, according to DeFi Llama has a TVL (Total Locked Value – the value of other companies built on it) of almost $25 billion, nearly five times larger than closest rival BSC.

After the Merge, and with the Shanghai upgrade expected at some point in 2023, Ethereum is only become more attractive to mainstream and institutional builders and investors.

This can catapult the price of Ethereum to its November 2021 ATH, and we predict it will break through that resistance. The most likely thing to happen after the breakthrough is a retest of the new support that will form at around $4,840. The coin will continue to surge, probably topping out at around $3,500.

Apart from the update to Ethereum 2.0, many non-fungible tokens (NFTs) are held and built on the Ethereum blockchain. The NFT market expanded rapidly in the last few years, with some NFTs selling for millions of dollars. Further expansion to the NFT market means more adoption of Ethereum and a higher price.

Ethereum Price Prediction 2024

Remember that 2024 is around the corner, and many forecasts hinge on Ethereum 2.0’s successful launch and resolving its high gas fee problem. Cryptocurrency has yet to receive full support from worldwide regulations and laws.

Despite emerging greener tech, Ethereum’s early start gives it a potential edge over competitors for long-term success, according to experts. The price outlook appears reasonable as Ethereum is predicted to see increased use in DApp creation in addition to its upgrade.

Keeping this in mind, ETH could enter the $4,500-$5,000 range by 2024. ETH’s 2024 performance may be favorable, with a low risk of harm to the asset. The bullish market trend is expected to persist with a substantial upturn. Despite potential brief corrections, ETH is predicted to reach the $5,000 mark by 2024’s end.

Ethereum Price Prediction 2025

The Ethereum price chart showed that what goes up must come down. After every bull run, the crypto market has entered a multi-year bear market. Since the inception of Bitcoin in 2009, we have had three major bull runs: 2013, 2017, and 2021. A blow-off top occurred at the end of 2021.

As current investors know, after the crypto market reaches the top, history has shown that the price makes lower lows for the subsequent few years. Sure, retracements happen along the way, and investors get caught wrong-footed thinking it’s a pump, but those moves are part of a bear market.

Some analysts predict that Ethereum could reach $7,000 by 2025. However, with 2023 and 2024 expected to see another bull run with the next Bitcoin halving in early 2024, that may suggest the next down cycle is in 2025. In such a case, the coin could continue seeing a low at nearly $1,400.

Ethereum Price Prediction 2030

Ethereum 2.0 will dramatically improve the network’s interoperability, security, and transaction speed. If these and other reforms are successfully executed, ETH’s outlook will shift from positive to highly bullish.

This opens up an opportunity for Ethereum to revolutionize the cryptocurrency industry. Despite its rivalries and instability, there is hope among its users and investors that the first smart contract blockchain will endure in the years to come.

Long-term ETH price projections provide insight into the market and the future impact of developments like the Ethereum 2.0 upgrade on pricing.

Cryptocurrency experts have forecasted ETH’s price in 2030 based on years of price observation. ETH’s price is expected to range from a minimum of $21,500 to a maximum of $40,000.

Potential Highs & Lows of Ethereum

Volatility is in Ethereum price’s history, so we expect more of it in the next few years. Based on technical and fundamental factors, we’ve identified key Ethereum price levels. 

Year Potential High Potential Low
2023 $3,500 $900
2024 $5,000 $1,000
2025 $7,000 $1,400
2030 $40,000 $21,500

What is Ethereum Used For?

Some crypto newbies believe that most cryptocurrencies are the same. It’s the use case that separates them, and since Ethereum is the second-biggest coin, many users have adopted it for several reasons. Some investors even earn interest on Ethereum

Decentralized Finance

Otherwise known as DeFi, decentralized finance enables users to make financial transactions using blockchain networks. Ethereum enables peer-to-peer payments without relying on third parties such as exchanges, banks or brokerages.

The DeFi market is always open, and users can send money globally, trade tokens and buy insurance. You can buy also buy DeFi tokens.

Ethereum transaction fees depend on several factors. It’s usually more than $3, but the fee did drop to $1.56 recently. That might not sound a lot, but if your transaction is $10, those fees are 20% or more.

Non-Fungible Tokens (NFTs)

Ever wondered how to spend Ethereum? Videos, art and music have become digitalized via NFTs. They’re tokens attached to assets, giving them value. NFTs have become extremely popular, and numerous celebrities endorsed and own them.

The NFT market was worth $41 billion in 2021 and poised for a $147 billion growth until 2026. NFTs are secured on the Ethereum blockchain and have only one owner. They’re compatible with anything built on Ethereum’s platform. A broader NFT market means more Ethereum adoption. Several places are available for you to buy NFTs.

Decentralized Autonomous Organizations

Also known as DAO, decentralized autonomous organizations use smart contracts to make collaborative decisions across networks. DAO members own and govern them, and they have built-in treasuries accessible only once the group grants permission.

The DAO codes consist of rules that govern their spending, and they’re completely transparent. Decisions are made by voting and proposals to ensure that all members have a voice. Votes are tallied automatically—the same way in a democratic system. No third party is involved in handling the votes.  

Examples of DAO projects include fundraising for charities and ventures. 

What Drives the Price of Ethereum?

Some crypto sceptics believe that Ethereum’s price is driven solely by speculation. We’ve seen that happen, but several factors have consistently determined price fluctuations and influenced an ETH price prediction.

Utility

Thanks to NFTs, struggling artists have digitalized their work, and some have made a fortune. Ethereum’s smart contracts have made that possible, resulting in a spike in users. Since more people are joining Ethereum’s platform for transacting, its wallets and price have increased.

First-Mover Advantage

First-mover advantage is similar to brand loyalty. Ethereum holders have ensured their coin’s positioning in the market by using only it, even if cheaper and faster alternatives exist. Ethereum’s community buy-in could ensure that the coin maintains its value in the near future but rises in the long term.

Competition

Ethereum’s rise in popularity has made its transaction fees expensive. The other problem Ethereum faces is the massive power and energy necessary to transact. It’s damaging to the environment.

Competitors have stepped in and created add-on solutions to Ethereum’s blockchain, making it more efficient and cheaper. Luring customers away from Ethereum could lessen its value.  

Where to Buy Ethereum

etoro logoThe best option to buy Ethereum is with a regulated broker. Using eToro, you can invest in Ethereum and over 75 other cryptocurrencies.

Security is important to investors, so eToro ensures that it holds cryptocurrencies in a secure Ethereum wallet. The platform has also reassured clients it abides by the highest financial standards, so it sought regulation by FINRA and the SEC in the US and other international organizations such as FCA, CySEC and ASIC.

eToro has made crypto investing sociable. It offers CopyTrade, enabling you to mimic the strategies and trades of top traders. Users can communicate with traders to learn and socialize. The platform has made investing convenient.

Investors can use Smart Portfolio. It’s similar to investing in a Bitcoin ETF, enabling portfolio diversification. Thematic Market Portfolios is one of the strategies available for a Smart Portfolio. The minimum investment is only $500, and investors choose several assets to make up a portfolio. The best part about this investment strategy is that it doesn’t come with a management fee, and it’s rebalanced periodically to ensure optimal returns. 

ethereum chart

Investors buying crypto in eToro will incur a 1% fee, which is added to the market price. Depositing money into an eToro account is free, but a withdrawal incurs a $5 charge. Inactive traders will be charged $10 after 12 months of inactivity. Some of the options for funding an account are debit/credit cards, Skrill, Paypal, Neteller, bank wire, Rapid Transfer, Ideal, Poli and several others.

Day-trading crypto is also available on eToro’s platform. Beginners will find it simple to use, but it contains advanced tools that expert traders can incorporate into their strategies. Traders who want to test out the platform before depositing money can try out the $100,000 demo account for free. Besides trading crypto, investors can also buy stocks on eToro. for 0% commissions.

Pros

  • Enables diversification via Smart Portfolio
  • Low fees
  • Copy trading
  • Zero deposit fees
  • Offers 75+ cryptocurrencies

Cons

  • Small inactivity fee

Cryptoassets are a highly volatile unregulated investment product.

Is Ethereum the Best Altcoin to Buy Right Now?

While Ethereum is still the largest altcoin in the space – we recommend two emerging crypto assets as the best investment to make in 2023.

Meta Masters Guild – Gaming Platform Offering Real Money For Mobile-Centric P2E Games

Meta Masters Guild (MMG) is transforming the gaming world by focusing on mobile gaming experiences. Players are incentivized with P2E benefits for participating in the guild’s top-notch mobile crypto games.

MMG’s recent funding drive was a huge success, as they raised more than their $2.1 million USDT in a relatively short time.

Currently, $MEMAG tokens can be acquired at a discounted price point of $0.016 USDT. However, this price is set to surge to $0.019 USDT during the forthcoming presale round.

Meta Masters Guild Presale

MMG’s offers a range of capabilities such as staking, trading NFTs in its digital marketplace, obtaining Gems, and gaining exclusive perks.

The platform’s mission is to revolutionize the P2E industry by breaking down the web 3.0 obstacles and jargon for its players. MMG enables users to secure unique NFTs, embed them into their digital wallets, and change how games are experienced.

The project has launched Gems, a virtual currency within the platform, to incentivize users to play and receive rewards. Gems can be acquired by taking part in various games, which can then be converted to $MEMAG.

According to its litepaper, MMG intends to expand its influence in the gaming sector through collaborations with well-known game developers. The integration of $MEMAG into its games further aims to encourage players and increase the adoption of the tokens.

$MEMAG Tokenomics

The $MEMAG tokens use Ethereum’s ERC-20 standard, with a limited quantity of 1 billion. Of these, 350 million will be available during the ongoing presale rounds.

Individuals can join its Telegram group to keep updated with the latest advancements related to MMG.

Presale Start Date 11 January
Purchase Methods ETH, USDT, Transak
Chain Ethereum
Min Investment 1000 $MEMAG
Max Investment None

FightOut – Move to Earn Crypto Rewarding Healthy Lifestyles

FightOut LogoFightOut is in a newly launched crypto presale, enabling investors to buy $FGHT tokens during the first stage for $0.0185. This move to earn ecosystem distinguishes itself from similar projects by offering reward tokens for movements and steps.

The platform has allocated 90% of the 1 billion token supply to the presale. Not only are the tokens the most affordable now, but investors will be entitled to bonus tokens if they invest during stage 1 of the presale.

Currently, FightOut has raised more than $3.6 million. Once the hard cap is reached, the token bonus falls away.

Fight Out Presale

Investing $500 now means receiving a 10% bonus and an additional 10% will be granted when selecting the 6-month vesting period. To get the maximum bonus tokens (50%), invest $50,000 and choose the 24-month vesting.

FightOut rewards users with in-app currency REPS for competing workouts, growing the community and earning badges. Users can redeem their rewards for subscriptions, remote sessions with trainers and merchandise. Access to FightOut gyms (soon to be in major cities) will also be available with reward tokens.

More REPS can be accumulated by buying them with $FGHT tokens.

Find out more about this project and the coin by joining the Telegram channel and by reading the FightOut whitepaper. 

FightOut App

Users can earn more reward tokens by winning fights with their avatar when it enters the metaverse and challenges other fighters.

FightOut has allocated only 10% of the token supply to the exchange liquidity. The majority of the coins are available during the presale, and time is running out for investors to claim the bonus tokens. The best time to buy $FGHT tokens is now.

Presale Started December 14
Purchase Methods ETH, USDT, Transak
Chain Ethereum
Min Investment N/A
Max Investment N/A

Conclusion

Our Ethereum price prediction was based on technical and fundamental analysis, as well as incorporating macroeconomic factors that could have a significant impact on the price.

Ethereum has suffered a huge fall after setting an ATH because of awful macroeconomic conditions but its fundamental utility, speed, scalability and energy-efficiency after the Merge make it one of the best blockchains for dApps.

A gradual rise is expected in early 2023, with Ethereum remaining one of the best long-term crypto investments there is.

Another upcoming project that looks set to be on an upward trajectory in 2023 is Meta Masters Guild. It is the world’s first mobile-focused gaming guild that has already lined up three games for launch. The platform offers players an exciting opportunity to make real money by playing fun-filled games.

FightOut - Next 100x Move to Earn Crypto

Our Rating

Fightout token
  • Backed by LBank Labs, Transak
  • Earn Rewards for Working Out
  • Level Up and Compete in the Metaverse
  • Presale Live Now - $1M+ Raised
  • Real-World Community, Gym Chain
Fightout token

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