Ethereum made headlines with the most recent ATH, attracting even more positive sentiment than Bitcoin. What can be expected now? We made this Ethereum price prediction basing it on the community voices, news and expert opinions — dive right in!
All Ethereum Price Predictions
|Year||Price in USD|
- Almost all Ethereum price predictions 2021 state that Ethereum will keep growing and beat the current ATH;
- In five years, the maximum might be anywhere between $10 to 200 thousand, but ETH’s future looks sound anyway;
- Predictions about Ethereum in 2030 are less concrete but also align in Ethereum being in demand even then.
What is Ethereum and ETH?
Ethereum is a decentralized platform that was envisioned as a “global computer” by Vitalik Buterin. It was built to support smart contracts that lets the users execute agreements without any intermediaries and more complex applications. Today, decentralized applications (dApps) built on Ethereum form the ecosystems of decentralized finance (DeFi) and blockchain gaming, for example.
Ether (ETH) — often called Ethereum — is the native currency of the platform. It is primarily used for paying transaction fees as well as a means to sustain the network. In the newest iterations of Ethereum, ETH can be staked for a return instead of having to be mined.
A deeper dive into the exciting world of Ethereum’s technology and Ether’s value can be found in our Beginner’s guide to Ethereum.
ETH Price History
Ethereum Price in 2015–2018
In its first years of existence, Ethereum was pretty much a work in progress taking off the ground. All was going well until in June 2016, the DAO was hacked and bled $150 million dollars. The ETH price reacted by dropping from $18 to $10. This has also led to Ethereum Classic splitting off, which retains the ledger that did not roll back the hack.
Once the smart contracts were ready for deployment and use in 2017, Ethereum became a launchpad for ICOs. At the start of that year ETH price was only about $7. The technology to quickly program tokens for every purpose led to the boom in the novel fundraising scheme.
This boom accelerated the bull run of Bitcoin and the market. Ether also skyrocketed to $1,342.73 at its peak. In 2018, the cycle ended with a correction, ETH bottomed at $130, and a two year-long “crypto winter” began.
Ethereum Price in 2019–2021
In 2019, Ethereum’s price opened and closed at around $125 for a coin. While the price stabilized, the platform was covering more and more use cases: it found application in DeFi with stablecoins. Decentralized exchanges powered by smart contracts gained traction, and the blockchain gaming sector grew.
In 2020, the DeFi sector exploded, and Ethereum accounted for more than 90% of all the projects and value in the sphere. Despite the hype around the new financial products, Ethereum did not go on a rally until very late in the year. For most of the year, it was in a long-term uptrend, climbing from $130 to $600.
However, in December 2020 and in 2021 so far, Ethereum has been rallying thanks to Ethereum 2.0. The long anticipated upgraded network has finally hit mainnet, and now the devs are devising plans to merge the networks. Meanwhile, ETH has hit a new all-time high on April 22, 2021: $2,641.09.
At the time of writing, ETH price is $2,545.22. The cryptocurrency is second only to Bitcoin in capitalization: $294,333,636,692 (14,27% of the total market cap).
What Can Influence ETH Price
The Ethereum 2.0 update years in the making boosted the bull run by a huge margin. Regardless, it is only the first step in the direction of solving the scalability and sustainability issues. The existing network which supports the majority of dApps into space is still facing these problems.
Vitalik Buterin sees the solution in Layer-two solutions like rollups, sharding and plasma. The teams behind OMG Network and Optimistic are already successfully implementing them. Until the Ethereum network itself is able to be updated, these projects can alleviate the pains developers and users encounter.
Applications: Decentralized Finance and NFTs
Ethereum platform is one of the most reputable ecosystems that enables DeFi operations, in which a lot of proponents see a promise of the future value increase. More than that, ETH is simply needed to pay the “gas” fee for the transactions on the platform.
In addition, stablecoins are attracting a lot of attention to the network. Some of the largest by market capitalization stablecoins at the moment are USDT, USDC, BUSD, PAX and TUSD, all ERC-20 tokens. In March 2020, while the market was massively volatile, stablecoins saw an increase in issuance and circulation.
Most recently, Ethereum-based NFT (non-fungible tokens) broke into the mainstream market. These days, there are way more blockchains to mint and trade NFTs but ERC-721 tokens still account for most of the NFT market.
Discussions of the legal status of cryptocurrencies concern not only Bitcoin. In fact, the position of governments on utility tokens like ETH is a huge precedent for the majority of other coins on the market.
The US Securities and Exchange Commission admits that Ethereum is not a security. Some investors insist that cryptocurrencies form a new asset class altogether. Just two weeks ago, the world’s first Ethereum ETF launched in Canada, and by now there are four of them.
#ETH on Twitter
If you like $ETH at $2500, you will love it at $5000 in a few weeks/months 👀
— Young And Investing (@QuintenFrancois) April 26, 2021
The Ethereum community on Twitter discusses many things, but the topic of the last few days are price targets. The members are excited to see where it goes next. Quinten’s ETH price prediction 2021 is the currency can easily double the price in a few months.
— Beastlorion (@Beastlyorion) April 26, 2021
An even more ambitious target often talked about is Ethereum flipping Bitcoin in the market cap. The members of the community are sure that it is possible, given how more advanced technologically Ethereum is.
You all are so excited about burning ETH with EIP1559
But you have no idea how a powerful tool it’s for smart contract devs… relayers, oracles, alarm clock, gas refunds, all of that gets 10x more easy to implement
— Agustín Aguilar (@Agusx1211) April 26, 2021
Developer Augustin Aguillar sheds some light on the upcoming ETH update: Berlin hard fork will introduce not only fee burning. Changing the logic behind fee calculation is said to improve the development of apps and financial services. Now that is something to look forward to in summer 2021!
Ethereum Price Prediction 2021
Mark Cuban Ethereum Price Prediction 2021: $8,000+
Mark Cuban seems to support the narrative that one day Ethereum will be more relevant than Bitcoin. In the Unchained podcast, he cites the variety of its use cases and sees even greater adoption potential with NFTs.
Let’s suppose Ethereum reaches $1 trillion market cap first. With the current supply being 115,651,802 ETH, 1 ETH would cost $8,646 in USD. By that time, the supply most probably would have been more, but with fee burn, the inflation would dramatically decrease.
FXLeaders Ethereum Price Prediction 2021: $3,000
Technical and fundamental analysis made by FXLeaders experts suggest an upward move but is not as bold as the previous forecast. They think that ETH may see the adoption as store of value asset, much like Bitcoin.
On the daily chart, they point at the moving averages approaching, so a pullback is not out of the picture. However, a more likely scenario is that buyers will help the next candles turn green.
BraveNewCoin Ethereum Price Prediction 2021: 0.1 BTC
Technical analyst Josh Olszewicz concludes from the charts that this week, ETHUSD looks much stronger than BTCUSD. The bullish impulse seems much less to slump than for the first currency. Be careful though, as the reduced trading volumes in ETH pairs also can lead to more volatility.
In the same analysis, from the ETHBTC chart, he predicts by the end of 2021, Ethereum can reach 0.1 BTC.
Ether Prediction for 2022–2024
LongForecast ETH Price Prediction: $2,745–$13,175
Another bullish historical analysis comes from the Economy Forecast Agency. Despite a new target being as high as over $13 thousand, holders should brace for some volatility. Ether will peak in mid-2022 and mid-2023 and bottom in July 2024.
PrimeXBT Ethereum Forecast: $70k by 2023
PrimeXBT team proposes this theory: Ethereum will follow Bitcoin which will repeat the 2017 upside fractal (chart above). In that case, ETH price is projected to reach $70,000 by 2023.
CoinArbitrageBot ETH Prediction: $3,392–$8,881
Finally, another service shows a very bullish projection for Ethereum, not unlike other experts. CoinArbitrageBot’s figures show the growth from $3,392 in 2022 to $8,881 in 2024.
Ethereum Price Prediction 2025
Crypterium ETH Price Prediction: $10k
In a similarly optimistic forecast, Crypterium expects ETH to reach $10 thousand USD by 2025. All that is needed to do to reach it is to keep the devs’ hard work up.
Coinpedia Ether Forecast: $10k
The very same target is shared by another team of analysts, now on CoinPedia. Their confidence comes from the expectation that more teams will build on the network and increase its value.
Captain Altcoin Ethereum Prediction: $20–200 thousand
Usually sceptical about the future, Torsten Hartmann does not dismiss the chance that Ethereum might not always be on the throne. However, should it keep its relevance, it can easily be worth ten to hundred times more of the previous all-time high. It is not too unrealistic, given how cryptocurrencies can and do grow exponentially in bull markets.
Ethereum Price Prediction 2030
Given how volatile the cryptocurrency market is and how difficult it is to predict the prices even in the short term, very few people dare to make claims for farther than five years in advance. Trying to see for as far as ten years is as good as a guess.
Jai Pratap of Coinounce gives his estimation of over $5 thousand USD per ETH in 2030, seeing the potential in the wide-spread use of dApps. However, that target was given before ETH renewed its ATH. More recent forecasts put the price of Ether in 2030 closer to $50 thousand, like the one given by CoinPriceForecast.
ChangeHero’s ETH Price Prediction
The Bitcoin halving influenced the whole market and Ethereum broke the sideways trend of 2019 and 2020.
Ethereum still can find many more applications that we cannot imagine today. Other use cases like stablecoins and NFTs are also here to stay. We agree with the experts who recommend it as a long-term investment rather than for speculating in the short term.
How to Convert Ether on ChangeHero?
Wondering now how to buy Ethereum? Exchanging ETH with ChangeHero can be done in a few easy steps:
- Choose the currencies on the home page, amounts and the type of exchange. Provide your wallet address in the next step and check the amounts;
- Send in a single transaction the sum of cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit;
- All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives.
- The Best Rate transactions will use the rate current to the time when your funds arrive.
- The Fixed Rate will use the rate at the time of step 1;
- As soon as the exchange has been processed, your ETH are on the way to your wallet.
The customer support is available 24/7 in the chat on the website or through the email: [email protected].
The general sentiment surrounding Ethereum in the nearest future seems to be quite bullish. Experts are weighing in on the technical capabilities of Ethereum platform and the adoption of the technology.
Do you agree with the predictions we collected? If you want to discuss them, feel free to do so on our Twitter, Medium, subreddit, Facebook and in Telegram! And do check out other educational and informative articles in the ChangeHero blog.
Frequently Asked Questions
What will Ethereum be worth in 2030?
Analysts’ opinions give a range between $5,000 and $50,000 USD.
What will Ethereum cost in 2021?
Depending on who you ask, experts give estimates between $3,000 to $8,000.
Is 2021 too late to buy Ethereum?
Not at all: the general consensus is that with the upcoming upgrades, the price of Ether will multiply. The earliest significant hard fork is set to arrive in July 2021.
How to buy ETH?
To buy ETH with a bank card, create a new account or log in, choose the currencies, provide the addresses and bank account details and wait for your ETH.
How to sell Ether?
You can sell Ether on ChangeHero by following the same steps as with buying: create an account or log in, choose the currencies, provide the bank account details, confirm and make the transfer.
This article is not a piece of financial advice. No price prediction is guaranteed to provide exact information on the future price.
When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investitions in cryptocurrencies only after careful consideration and analysis and at your own risk.