In September, Ethereum was extremely close to renewing the May 2021 ATH. Can it be reached by the end of the year? We compiled this Ethereum price prediction 2021 basing it on the community voices, news and expert opinions.
Ethereum Price Prediction 2021-2030
|Year||Price in USD|
- Ethereum price prediction 2021 state that Ethereum are divided on whether the current ATH can be beaten;
- Ethereum price prediction 2022 is very similar to the current year’s. In 2023, a new market cycle can propel ETH price up to $25k;
- The targets for 2030 are even more vague, ranging from $5k to $23 thousand.
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 iteration called Ethereum 2.0, ETH can be staked for a return instead of having to be mined. This version will have better scalability on the base layer, too, and the merger with the current chain is in development.
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 January 2018. 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 an 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 May 12, 2021: $4,362.35. The development and expansion of the Ethereum platform was continuing, and in September ETH price got rather close to it ($4,022).
Another factor that contributed to the second run up is the London hardfork in August. One of the changes it introduced was the new fee mechanics which reduce inflation of ETH.
At the time of writing, ETH price is $3,735.39. The cryptocurrency is second only to Bitcoin in capitalization: $441,278,192,917.78 (19.33% 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. It started with Beacon, which introduced staking, but scaling solutions on layer one are still in the pipeline.
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.
The more global solution would include a merger of Proof-of-Work and Proof-of-Stake Ethereum networks with the transfer to the latter. The core developers are devising a way to do it but it won’t be until a year to two until a concrete solution is ready.
Post-London ETH Burn
In addition, ETH 1.0 is still upgraded, and the most recent hardfork London changed Ethereum gas fees. Now, the fee consists of a base fee, which is burned, and tip which goes to the miner.
ETH burn has become an important factor in the dynamics of the currency’s supply. The inflation rate of ETH is now lower than in Bitcoin (1.11% vs. 1.75%).
At the time of writing, 228 816 ETH has been burnt. The busier the network is, the higher the pressure!
Decentralized Finance and NFTs
Ethereum platform dominates DeFi, in which a lot of proponents see a promise of 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.
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, with Ethereum ETFs approved in Canada.
ETH on Twitter
Ok ok we had to pump BTC yesterday, now how about today $ETH?
Bullish consolidation coiling up at ATH resistance – still long & strong. pic.twitter.com/cvj1jiia7O
— The Crypto Dog📈 (@TheCryptoDog) September 6, 2021
Traders keep a close eye on the ETH charts this week. The most recent weekly candle is one of the best in months, and got really close to the current ATH.
— Eight (@eight_global) September 6, 2021
In most recent Ethereum news, open interest in Ethereum futures has hit a new high.
I bought this visionary punk for 65 ETH and sold it three weeks later for 300 ETH. My first NFT sale and i took all the profits and bought more NfTs. The way I see it I’m just investing towards the future. To the moon we go! pic.twitter.com/Z0OX4HJ7a3
— Steve Aoki (@steveaoki) September 6, 2021
Musician Steve Aoki shared his experience with Crypto Punk NFTs, explaining it simply with his own example. Crypto Punks are one of the most sought after NFT projects still, and it runs on Ethereum.
Ethereum Price Prediction 2021
Clever Crypto Ethereum Price Prediction 2021: $8,727
YouTuber Clever Crypto follows the movement of ETHUSD and their prediction of a potential pullback before a new leg up checks out so far. It can occur at the $3,900 resistance but if it is overcome, ETH can easily enter price discovery.
The price target for ETH in this bull market determined by this channel is $8,727.
FXLeaders Ethereum Price Prediction 2021: $4,000-4,400
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 a store of value, like Bitcoin.
On the daily chart, they point at the moving averages turning into support levels in July. Now they are helping to sustain renewed momentum.
Interactive Crypto Ethereum Price Prediction 2021: $5,000 EOY
Ether’s technicals are still strong, and the momentum it has gained lately is impressive. This has led analysts at Interactive Crypto in their Ethereum price prediction by the end of 2021 to conclude that 2021 will close (and 2022 open) with ETH at least at $5,000.
Ethereum Price Prediction 2022–2024
LongForecast Ethereum Price Prediction 2022-2024: $7,017–25,656
Another bullish historical analysis comes from the Economy Forecast Agency. Ether will peak in mid-2023 and bottom in July 2024.
The new ATH of $25,656 is expected to happen in June 2023. The opening price of the time period will see ETH at $7,017 and close at $8,152 in 2024.
PrimeXBT Ethereum Price Prediction 2022-2024: $4,000-14,000
The PrimeXBT team proposes this theory: the resistances ETH is facing right now will become support levels after the leg up to $14,000 corrects.
By 2024, a new wave in the cycle will start and the resistance at $14,000 will be retested again.
CoinArbitrageBot Ethereum Price Prediction 2022-2024: $6,396–$16,746
Finally, another service shows a very bullish projection for Ethereum, not unlike other experts. CoinArbitrageBot’s figures show the growth from $6,396.67 in 2022 to $10,726 in 2023 and $16,746 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: $15k
An even less conservative target is given 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.
Finder Ethereum Price Prediction: $17,810
Finder UK held a survey to find out the targets of the second cryptocurrency traders for 2025. The responding panel was bullish on ETH long-term, expecting it to rise to $17,810 by that year.
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.
Jai Pratap of Coinounce gives his estimation of over $5 thousand USD per ETH in 2030 However, that target was given before ETH renewed its ATH.
More recent forecasts put the price of Ether in 2030 closer to $20 thousand, like the one given by CoinPriceForecast. In particular, they think in 2030 ETH can rise from $21,087 to $23,190.
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 Exchange ETH on ChangeHero?
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].
Even though this bull run seems to have slowed down, experts say that a new ATH of Ether is really close. Whether it can flip Bitcoin is also subject to much debate still.
Frequently Asked Questions
By the end of 2021, analysts expect ETH to be trading between $4,000 and 8,727. Various sources give estimates in the range between $4,000 and $7,017 and for Ethereum in 2022. According to different analysts, in 2025 Ethereum price can grow to $10,000-17,810. While not certain, analysts predict that in 2030 ETH will be changing hands for up to $23.190. No forecast we reviewed is this bullish on Ethereum. The highest target lies at $25 thousand.
What will be the price of Ethereum by the end of 2021?
What will Ethereum be worth in 2022?
What will be the price of Ethereum in 2025?
What will be the price of Ethereum in 2030?
Can Ethereum reach $100k?
By the end of 2021, analysts expect ETH to be trading between $4,000 and 8,727.
Various sources give estimates in the range between $4,000 and $7,017 and for Ethereum in 2022.
According to different analysts, in 2025 Ethereum price can grow to $10,000-17,810.
While not certain, analysts predict that in 2030 ETH will be changing hands for up to $23.190.
No forecast we reviewed is this bullish on Ethereum. The highest target lies at $25 thousand.
- Exchange Ethereum to Bitcoin
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- Exchange Bitcoin to Bitcoin Cash
- Exchange Bitcoin Cash to Bitcoin
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.