Ethereum (ETH) Price Prediction 2023, 2024, 2025 to 2030: Can ETH regain its ATH?
Ethereum is the best decentralised layer 1 blockchain solution till date, and in this post we will learn if buying ETH in June 2023 makes a good choice? Also let us look at Ethereum Price Prediction 2023 to 2025 to 2030.
You see, cryptocurrency is going to be the future of all financial transactions. With its growing demand and influence in the international markets, we can say that soon we’ll be paying and getting paid in cryptocurrencies instead of paper currency. This is the future. Most of the apps we use will be dApps in the future, i.e. decentralised app. And all that will be possible because of Ethereum and Ethereum like layer 1 blockchain solutions.
What we are going to learn?
Why is ETH the king of all smart contract platform?
Ethereum is the largest decentralised open-source blockchain platform. It went live in the market in August of 2015 with an opening price of $0.7533, and has now become the second largest cryptocurrency after Bitcoin. Looking at its price now, the return on investment is at an annualised rate of over 270%, which is quadruple of what it began with. In January of 2018, it kicked off with a price 600 times higher – $1366.77, than what it was in 2016 – $1.1896.
Today, (on August 29, 2023), while updating the article, ETH is trading around 1649USD.
Let’s find out more about Ethereum and how its prices changed over the years and what it could be in the future.
But, what is Ethereum?
Ethereum is a decentralised blockchain with the best smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It is distinguished from the other cryptocurrencies by the symbol ETH. It has a diamond shaped logo resembling a pyramid.
Apart from it being a smart contract platform, it has a variety of uses like in gaming, advertising, finance, identity management, web browsing and supply chain management.
It can be used to build dApps which generate billions of dollars. It has more than a million users.
|Token Supply||120,217,770 ETH|
|Current Supply||120,217,770 ETH|
|Founder||Vitalik Buterin, Gavin Wood, Charles Hoskinson,
Anthony Di Lorio, Joseph Lubin.
|Release Date||30th July, 2015|
|Consensus Mechanism||Proof of Stake|
How to buy Ethereum with USDT?
Ethereum can be bought against BTC and USDT from the following exchanges:
|Buy ETH||Register here|
|Binance||Sign up here|
|Huobi||Sign up here|
|OKEx||Sign up here|
|KuCoin||Sign up here|
|Coinbase||Sign up here|
How to buy ETH in India with INR?
You can buy Ethereum with INR from the following exchanges.
|Buy ETH INR||Register here|
|WazirX||Sign up here|
|CoinDCX||Sign up here|
|Giottus||Sign up here|
Also Read: Guide to buy Ethereum in India
Price History of Ethereum: 2015 – 2022
Ethereum Price History 2014
In 2014, it was publicly sold for the first time in exchange for Bitcoins. Over 7 million Ether worth $2.2 million was sold in the first 12 hours. By the end of the sale, 50 million Ether worth $17.3 million was sold. This was called the pre-mine.
Ethereum Price History 2015
On 1st August, 2015, ETH network went live with an opening price of $1.35 USD. it went up to $3.5185 USD which was the highest of the year, but later slid down to less than $1.
The market cap on 08/08/2015 was $153.77 million and the year ended with a market cap of 71.64 million. This was disheartening for the initial investors who put their money expecting good profits.
Ethereum Price History 2016
The year 2016 brought hope to the disheartened investors as the price seemed to increase from less than $1 to the highest of $20.59 which was the highest of that year. Those who bought ETH in 2015 at the lowered price earned little profit on their investment. The average price during this time was around $15 – $18.
The market cap was as high as $1.67 billion and the year closed with a market cap of $696.99 million. This was the initiation of a recovery which turned out to become a great boost in the next year.
Ethereum Price History 2017
This year the price opened at $8.1726 and worked up its way up to $129.53 on 19/05/2017. This was the first time ETH has crossed the $100 mark, and it did not stop after that. It kept going as high as $826.82 on 19/12/2017. This was good news for the investors as they saw hope in Ethereum and began to invest more, being attracted by the profits it was yielding them. The year closed with a price of $756.73.
The market cap increased from $715.05 million in the beginning to $73.17 billion at the end of the year.
The investors were very happy with the price rise of ETH.
Ethereum Price History 2018
2018 marked the year when ETH crossed the $1000 mark and moved up to $1396.42 on 13/01/2018. This price was short lived for 6 months, after which the prices began to incur heavy down slides. It fell below $500 and crashed down to $133.37 at the end of the year.
The market cap was as high as $135.40 billion to as low as $13.89 billion.
Those who sold their assets at the beginning of the year, had huge profits, but those who misread the market and kept holding on to theirs, incurred heavy losses for the year.
Ethereum Price History 2019
After the devastating year, 2019 was a bit of recovery for a few months giving an opportunity to the people to reduce their losses. The price rose to a high of $336.75 but then again started falling down to $129.61 at the end of the year.
The market cap ranged between $14.67 billion and $35.93 billion.
The investors began to lose faith in Ethereum looking at the great fluctuation in its price. The market was Bearish and ETH lost around 94% of it value.
It was said that the massive correction was because it was “oversold” with a below-30 Relative Strength (RSI) reading.
Ethereum Price History 2020
At this time , ETH began with $130.8 and was mostly rising, crossed $500 and went upto $737.8 by 31st December. It was a good period of recovery after the market correction.
The market cap was between $14.27 billion and $85.72 billion.
People were stuck at home due to Covid-19 and were out of options for earning money. So they began to invest in various markets. Bitcoin, Ethereum, Dogecoin were a few of them.
With new investors, the market was mostly Bullish and gave good returns.
Ethereum Price History 2021
2021 was a huge turnaround to the previous years. Though the year began with a price of $730.37, it skyrocketed to $4812.09 in August. The physical markets were closed since people were restricted to go out. The digital market boosted during this time and yielded huge profits to the investor.
The market cap ranged between $83.32 billion and $569.09 billion.
Ethereum closed trading in December 2021 around 3683USD.
Ethereum Price History 2022
2022 has not been great for Ethereum. The price kept sliding from 3683USD and closed the year at 1212USD. However if we look at ETH-BTC chart, we can see it is holding quite well.
Ethereum Price Prediction 2023
|When||Maximum Price||Minimum Price|
During 2023, ETH could go as high as $2,195.04 (December 2023), and as low as 1011USD (January 2023).
From September to October 2023, Ethereum could be in a bearish market, followed by 2 months of bullish movement.
Early 2023 was bearish not just for ETH but entire crypto industry but after BlackRock filed Bitcoin spot ETF, the market turned bullish. Along with Bitcoin, ETH also started pumping.
Number of staked ETH are on the rise everyday, which is a bullish sign for long term ETH holders.
ETH validators also proposed raising the validator limit of ETH that can be staked to 2048ETH from 32ETH. This will reduce the backlogs and increase the number of staked ETH. Price should go up as more and more ETH gets staked.
ETH Price Forecast 2024
|Ethereum Price Forecast 2024||Maximum Price||Minimum Price|
2024 might be a great time for ETH enthusiasts who bought during the previous year as it might soar as high as $5117.53. The minimum price ETH could slide to in 2023 is 1,925.48USD in January 2024. Therefore we can say by December 2024, ETH could cross its previous ATH.
ETH Price Prediction 2025
|Ethereum Price Prediction 2025||Maximum Price||Minimum Price|
ETH price prediction for 2025 suggest it could reach $15,175.55 USD by 2025. The minimum possible price of ETH in 2025 is 3,507.98USD. ETH in 2025 could give returns in between 350% to 433%.
Ethereum Price Prediction 2026 – 2030
|ETH price prediction||Maximum Price||Minimum Price|
ETH is forecasted to go as high as $63,130.30 in 203o.
ETH could cross the 10000USD mark in the year 2028.
Ethereum Price Expectations for Today, Tomorrow and This Month
ETH is showing bullish sign in the beginning of the year. So I am expecting ETH to end in green today, tomorrow, as well as this entire week and month.
Next month, it is predicted to go up by 15%, which might take the price close above 2500USD.
ETH Price Prediction in INR from 2023 to 2030
ETH Price Prediction (in INR)
|Maximum Price||Minimum Price|
Ethereum in 2023 showing bullish sign. It might be trading between 222,188.61INR to 182,188.61INR.
Ethereum price forecast 2024 suggest it could be trading between ₹429,872.33 to ₹161,740.04.
ETH price prediction 2025 in INR: Max ETH price forecast is ₹1,289,922.04 and min ETH price is ₹298,178.53. ETH in 2025 could see an increase of almost 400% from 2024 price.
Ethereum price prediction 2030 in INR shows it could reach 5,744,857.48 Lakh at max. Min possible ETH price is ₹3,829,904.99.
ETH Onchain Analysis and Stats: August 2023
Total ETH staked: As of August 29th, 2023, there are 24,257,198 ETH staked in ETH 2.0, which is worth approximately $49.77 billion.
Current APR on ETH staking: 4.3%
ETH Active addresses: As per Etherscan, there are around 361825 active ETH addresses.
Transaction volume: There are around 991.261 ETH transactions happening daily (as of August 28), while the highest number of transactions is 1,932,711 which happened on December 9, 2022.
TVL: ETH has the highest TVL of 21.90Billion USD with Lido contributing maximum of 13.97 Billion USD
Ethereum Price Prediction : Frequently Asked Questions
What is ETH price prediction for 2025?
As per our ETH price prediction for 2025, ETH could be trading in between $15,175.55 to $3057. This would be 10X from the current price.
Can ETH reach 10000USD?
ETH can definitely do a 10kUSD. As per our prediction ETH could reach 10kUSD by October 2025.
However, it would definitely not move in one direction, at one go. The ride is going to be bumpy. Ethereum has real use cases and is the best decentralised smartcontract platform built ever. It is just a matter of time for ETH to do a 10000USD.
What is ETH price prediction for 2030?
ETH price prediction for 2030 suggest it could be trading between $42,086.87 to 63130USD. Though ETH is showing bullish sign in 2023, however, long term, 8 years from now, ETH could be trading above 63000 USD (by 2030).
Will Etheruem reach 10 lakh INR?
10 lakh INR is just over 12000USD. Ethereum can definitely reach 10 lakh INR. As per our prediction, ETH could be trading above 10 lakh INR (12000 USD) by 2029.
How much time does it take to mine 1 Ethereum?
Post Ethereum Merge, ETH is no more mineable. You can only earn ETH by staking.
Will Ethereum be profitable in the future?
If we look at the Ethereum price predictions and the demands of the digital economy rates, it is likely to say that ETH will soar to great highs and be very profitable.
Though there are certain possibilities that ETH could dip down due to uncertain situations. There are certain rumours that Netflix might be banning cryptocurrency related ad-services.
Also read: Fundamental analysis of ETH
Will Ethereum ever reach $100k?
After the Ethereum merge, ETH has become a deflationary cryptocurrency and there is a high chance that ETH may reach the $100k mark. It is predicted that by 2028 it could reach $10k. As per our prediction, ETH price could reach $100k somewhere before 2035. This is based on the high demand of the digital economy in decentralisation, security and programmable blockchain and ETH leading the pack of decentralised blockchains.
Will there be a price surge for Ethereum?
It is predicted that the price of ETH will be rising soon. It had grown in price by 600 times within 4 years of its introduction in the market. After ETH merge, there are some major upcoming events to be happening in ETH blockchain. For example: Surge. It is possible that as ETH keeps developing, we might see ETH price surge. Traders like Michaël van de Poppe are promoting Ethereum making it stronger.
Is Ethereum POS or POW?
Ethereum was earlier follwing POW but later migrated to POS consensus mechanism.
Ethereum is the most valuable cryptocurrency, if we look at the use cases. If any coin in the future would flip Bitcoin, for me it is going to be Ethereum.
Is ETH a deflationary asset?
ETH has been functioning as a deflationary asset for the past few months. The implementation of EIP-1559 in August 2021, which burned transaction fees instead of directing them to miners, contributed to this deflationary trend. Ultrasound.money, a network tracker, has confirmed that Ethereum has consistently been deflationary since late January.
Increased on-chain activity, particularly on protocols like Uniswap and Blur, has driven the burning of ETH, with the largest surge occurring on March 10th due to concerns about USDC’s backing. Overall, these factors indicate that ETH has been experiencing a deflationary phase.
Should Ethereum be held for a long term in 2023?
If you are a long term investor with good experience, it is suggested that you hold on to ETH for a minimum of 10 years and also purchase more in the meantime as its price might have a boost in the coming years, which could yield you huge profits.
However, if you are low on risk taking, you sell off after 5-7 years as there could be chances of a dip in its price depending on the various factors influencing the market. However, any downside might not be seen in holding it for the foreseeable future.
According to us, ETH is a great buy today (trading at 1648USD), for long term and is expected to give more than 5-10X returns in next 5-10years.
As of today, ETH is down by 66.21% from its ATH and for ETH to touch its all time high, ETH needs to give a return of 195.98%. I am bullish on ETH, and I think ETH can easily cross ATH by 2025. This is not a financial advise, but just a personal opinion.
ETH generates a revenue of 2.94M in fees every 24 hours. There are not many blockchains who has been able to achieve such numbers. ETH has got support of massive number of active developers, and is the most decentralised blockchain that supports smart contracts.
With deflationary nature, ETH price is expected to surge in near future.
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After reading this article about Ethereum and its price predictions, what do you think will happen with Ethereum by 2025 and 2030? Share your thoughts with us in the comments.
Disclosure: The prices in the article, Ethereum Price Prediction 2023-2030, the mentioned prices are generated using AI, which could change according to the then market situation. Please DYOR before investing your money in ETH. The prices mentioned here do not guarantee the same results.
Last updated: 28th February, 2023