Ethereum Price Prediction: When Will It Reach $10,000?

Ethereum has been holding its hard-earned second place by market cap, second only to Bitcoin, for a long time. With a good reason, too: the network is known for its versatility and many interesting use cases. What is Ethereum’s future, though — is it going to stay there, or will its price keep going up? We gathered Ethereum price predictions for those who wonder about that — so take a peek.

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Ethereum Fundamental Analysis

Project name
Ethereum
Stock Symbol
ETH
Current Price
2004.6
Current Supply
120845925.5615
ROI Since Launch
8808.033452898057
Launch Date
2015

Ether (ETH) is a principal cryptocurrency on the Ethereum blockchain and the surrounding ecosystem — one of probably only two names that are known far outside the crypto community. Ethereum was proposed by Vitalik Buterin in 2013 and, after going through development, went live in 2015.

Ethereum was created to expand on Bitcoin’s use case. Where Bitcoin’s great success was being the world’s first working blockchain-based currency and a transaction medium, Ethereum is more about smart contracts. Those can be deployed on-chain by basically anyone and become a basis for another token, a part of a dApp or a DeFi project. All of this made Ethereum different from Bitcoin by shifting the project’s goal to becoming “the world’s first programmable blockchain”.

Ether is needed to make the whole system work. It’s used to pay for transactions (as gas fees) and as an incentive for miners, as the Ethereum network is secured using the Proof-of-Work consensus protocol. Ethereum is making the transition to Ethereum 2.0 which is going to use Proof-or-Stake — very slowly and in stages. For example, in early August 2021, the team rolled out the London upgrade, which had changed the way transaction fees are calculated, among other things. Ultimately, such upgrades should help the switch to Proof-of-Stake to go smoother.

Ethereum Live Price Chart

If most of the cryptocurrencies were affected by the market’s late 2020 – early 2021 bull run, then Ethereum is one of the few that were actually leading this run. Ether, which has been second only to Bitcoin by market capitalization for a long time, entered 2021 at around $750, but by January 3 it already broke the $1000 level. During the following months, Ether’s price kept trending up, and, despite having some dips on the way, by May 12 it reached an all-time high — $4,362.35.

After this, Ethereum went through a serious crash together with the whole market, going below $1800 in a matter of days. The price reversed in the support zone at $1700–$1750, reaching up to ~$2900 in late May, later bouncing off of the support a couple more times in late June and July — never going below it, though. In the last days of July the whole market seemed to start experiencing new growth, and by mid-August Ether’s price reached $3200 again.

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Ethereum Technical Analysis

After the market crash caused by the dip in the Bitcoin price earlier this year, Ethereum trended down for a while. However, since the late July trend reversal, Ether’s price has been moving in an upward channel. On the 7–8 August weekend, Ethereum seemed to get rejected at the resistance level of ~$3200, but it hasn’t been established yet whether this signals a longer-term reversal or just a temporary setback. If the price keeps going down, there might be new support at ~$2600 — the price correction might stop there, in which case it may be expected to reverse and go up to the new highs.

Ethereum Price Prediction

Below we have collected the most reliable price projections for Ethereum (ETH) from popular forecast platforms.

Ethereum Price Prediction for 2022

As of Ethereum price predictions for the rest of 2022, there are divergent opinions. PricePrediction.net expects an upturn towards $2503.94, and WalletInvestor echoes with ~$3622.98 by the year’s end. Other experts, for example, from TradingBeast, are more pessimistic about Ethereum’s future price, citing numbers downwards of $1994.043 in December.
Potential ROI: 35% Buy

Ethereum Price Prediction for 2023

In their Ethereum price predictions for 2023, PricePrediction.net’s forecasts the coin’s price to go above $3745.67 by December. Forecasting Ethereum's future, WalletInvestor expects further growth, too, saying the Ethereum price will reach ~$5728.78 by that time. On the contrary, TradingBeast keeps predicting Ethereum price decline, quoting prices around ~$1617.177 in 2023.
Potential ROI: 84% Buy

Ethereum Price Prediction for 2024

The experts are unanimous in their Ethereum price forecasts for 2024 — everybody expects Ethereum’s price to grow by the end of that year. TradingBeast predicts the price growth reaching $2767.151. According to WalletInvestor’s research, Ethereum’s price can go up to $7975.97. PricePrediction.net’s forecast is also positive: its analysts hold the view that by 2024 Ethereum’s price will be about $5389.74.
Potential ROI: 168% Buy

Ethereum Price Prediction for 2025

Both TradingBeast and WalletInvestor predict the Ethereum market to grow in 2025, resulting in $3511.789 and $10345.6 by the end of the year respectively. Other Ethereum price forecasts support the idea: PricePrediction.net forecasts Ethereum to reach $7606.3 by December 2025.
Potential ROI: 257% Buy

Ethereum Price Prediction for 2030

Most experts are expecting an encouraging future for Ethereum: long-term Ethereum price predictions promise significant growth by 2030. WalletInvestor predicts the price to reach $4345.152, while TradingBeast goes for $6672.3991. PricePrediction.net also puts big hopes on Ethereum in the long term: its Ethereum prediction for 2030 is $49740.33.
Potential ROI: 910% Buy
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Summary

As it can be clear from the analysis cited above, Ethereum (ETH) projections are rather contradictory. There is no universal consensus either about positive or negative future ETH price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Ethereum projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

FAQ

Is Ethereum a good investment?

Yes, Ethereum is a good investment, in most experts’ opinion. According to some Ethereum price predictions, long-term gains on this investment can reach higher than 200%. However, one should always keep in mind that the crypto market is very volatile, Ethereum is not an exception.

Is Ethereum legit?

Yes, Ethereum is legit and has proven itself to be one of the most consistently developed and improved upon projects in the crypto space. One of its advantages is the openness with which the team and the community talk about the project, which further builds trust in Ethereum.

What is ETH worth?

As of August 2021, ETH is worth approximately $3000. This is a good recovery after the market crash of late spring – early summer of the same year when the price of Ethereum dipped below $1800 and ETH price forecasts were uncertain for a while. 

What will Ethereum be worth in 2030?

According to some Ether price predictions, in 2030 Ethereum might be worth close to $15000. Note that market volatility makes it hard to get an accurate Ethereum price prognosis for such a distant future.

What is Ethereum worth in 2025?

Several experts expect Ethereum to be worth $10000 or more in 2025. More conservative ETH price predictions put it at around $5000 at that point.

Is it smart to buy Ethereum?

Yes, it’s smart to buy Ethereum if your goal is getting some cryptocurrency in your portfolio. Ethereum is one of the cornerstones of the crypto space and as such, it’s one of the less risky investments.

Can I buy anything with Ethereum?

Ethereum can be used to buy goods and services on some crypto marketplaces or in DeFi projects. It can also be traded for other coins or fiat currencies on specialized exchanges.

Is it better to buy Ethereum or Bitcoin?

Compared to Bitcoin, Ethereum might be a slightly riskier investment. Nevertheless, a smart move would be buying both Ethereum and Bitcoin. This helps an investor to diversify their portfolio and limit the risks.

Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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