Ethereum Price Prediction 2023 – 2030

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. 

Cryptoassets are a highly volatile unregulated investment product.

Ethereum – Latest News

Before taking a look at our price predictions, let’s take a quick look at the latest Ethereum news as of March 2023.

• Ethereum and other cryptos were corrected during the opening week of March 2023, as Silvergate, the crypto bank, lost 50% of its market share. ETH has corrected by nearly 7% in the last 14 days.
• The Shanghai Capella upgrade is expected to take place in April 2023. This Ethereum network upgrade is expected to introduce full or partial staking withdrawals for long-term Ethereum stakers.
• With a current price of $1,920, Ethereum has a market cap of $231 billion.

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.

However, the cryptocurrency collapsed in 2022. By the end of the year, Ethereum was trading at the $1,200 mark. But, the crypto markets have revived since the start of 2023. As of March 2023, Ethereum is trading at $1,560, a 30% price jump since the beginning of the year. Currently, Ethereum has a market cap of more than $188 billion.

• 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 got major support in 2023, thanks to Bitcoin’s upsurge.
• ETH is currently trading at around $1,920

Ethereum Price Prediction 2023

The crypto market is experiencing an eager anticipation of a bullish season with growing momentum in new and existing altcoins that provide real-world use cases. Ethereum is expected to lead the charts in the upcoming bull run, and the Shanghai Upgrade will heavily influence Ethereum’s price action.

Ethereum developers have announced that all staked 16 million ETH will be available for withdrawal, which can lead to massive sell pressure and potentially slow down ETH’s price. However, experts believe that the potential bearish price of ETH will lead to explosive price gains in the future, and the coming quarter will be interesting for Ethereum as its community anticipates the Shanghai upgrade.

The Shanghai update to the Ethereum blockchain on April 12, 2023, will move it from the old system of proof-of-work (PoW) mining to a new proof-of-stake (PoS) system, which will change the way transactions are verified and the network secured.

This will help reduce the operational cost of the network, reducing gas fees for users, and consequently increasing Ethereum’s adoption. ETH’s 2023 prediction is optimistic, as developers discuss improvement proposals for the Ethereum Shanghai Upgrade.

A pre-Shanghai testnet Shandong has been released to finalize updates, which could lead to a bullish trend if investors and traders continue to rise. ETH could end 2023 at $2304.28, or bearishly at $1522.72, with an average price base of $1913.50.

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. 

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

The 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. 

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

Cons

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 – some investors might want to diversify into emerging crypto assets with a lower market capitalization. ETH is already the second largest cryptocurrency, and top altcoin.

Love Hate Inu – Leading Crypto Presale of 2023

LHINU is a unique crypto project that merges the charm of meme coins with a cutting-edge Vote-to-Earn system. The project raised a whopping $7 million so far, with excitement growing exponentially.

The LHINU ecosystem offers users a chance to vote on polarizing topics and figures, such as Donald Trump, Andrew Tate, and Elon Musk, all while earning rewards.

To prevent spam and manipulation, LHINU has implemented a real-time vote staking mechanism that requires users to stake their LHINU tokens for a minimum of 30 days. In return, users can earn NFT discount codes and NFTs backed by physical assets. With this system, Love Hate Inu aims to disrupt the $3.2 billion survey industry.

Those seeking a thrilling investment opportunity on a game-changing new platform should take a closer look at the LHINU presale. As the next price hike approaches in less than three days, the presale offers a great chance to invest, with discounted price stages during the presale period. With only a third of tokens remaining for sale, investors must act quickly to secure their position before the price goes up even more.

Early investors in token presales have seen impressive returns, as demonstrated by Tamadoge (TAMA). LHINU’s upcoming CEX listings in Q2 2023 are expected to spike trading volume, making this the perfect time to invest. The presale is already among the top of 2023, with a presale cap of $10.068 million.

The potential for Love Hate Inu to become the next big memecoin, fueled by increasing public awareness, remains to be seen. However, what is certain is that investors shouldn’t miss out on this opportunity. Get your LHINU and join the Love Hate Inu revolution for an exciting ride.

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. 

Despite the price correction in 2022, Ethereum is trading 30% higher in 2023.

Another upcoming project that looks set to be on an upward trajectory in 2023 is Love Hate Inu. The project raised upwards of $7 million in little more than a month and is heading to complete its presale.

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