Ethereum ETH Price Predictions - Can Ethereum Reach $50,000?

What is the Maximum Price Ethereum (ETH) Can Reach?

Last Updated November 15th 2021
20 Min Read

Ethereum’s novel token Ether (ETH) has brought enormous gains to growth and value investors. In this article, Trading Education analyzes the possibilities of Ether on the market which answers the question, can Ethereum Reach $50,000? 

Let us take an extensive look at the Ethereum (ETH) price predictions by analysts and experts that could help you determine the maximum price that Ethereum can reach. 

Ethereum (ETH) reached a new all-time high of $4,859.50 on 10th November 2021. 

After following the bullish days of Bitcoin when the parent crypto reached new all-time highs in February, March, and April, Ether (ETH) succumbed to the pressures of a bearish market and declined to new high lows in May 2021. 

As of Friday, 11th November 2021, the crypto trading asset continues to trade below $5,000 due to a huge sell-off by investors taking profits. 

With Ether being backed by the possibilities of the Ethereum ecosystem and not merely, demand and supply (speculation), several analysts believe the crypto trading asset can reach incredible milestones in the short, medium, and long term. 

This has undoubtedly led several traders and investors to question whether Ether will maintain its position as the second most popular, second-largest digital asset by market capitalization, and become the second cryptocurrency to surpass $50,000 in price valuation. 

One of the who believes in Ether attaining such valuation is Andrew Keys

Towards the end of 2020, this analyst pointed out 16 reasons why crypto will take center stage economically, politically, and socially in 2021. 

On Ethereum, he pointed out that, “In 2020, the world started to understand the intrinsic value of Bitcoin as digital gold. In 2021, we will witness the same understanding of Ethereum as digital oil.” Aside from that, he made it known that Ethereum’s move from the old proof-of-work (POW) algorithm (Ethereum 1.0) to the more advanced and environmental-friendly proof-of-stake (POS) network (Ethereum 2.0) will not only see a drastic improvement in scalability but in price as well. 

His forecast for Ether was to trade over $2,000 by the end of 2021. The novel token behind the first smart contracts network tested $2,000 on 2nd April by closing at $2,143.23. The estimate of Andrew Keys was realized in just four (4) months. 

Although Ether has crossed price milestones such as $2,500, $3,500, $4,000, and $4,500 in the months leading up to the writing of this report, many novice traders and investors continue to ask the question, what determines Ethereum’s price?

Contents:

What Determines Ethereum’s Price?

Ethereum (ETH) Price Prediction: How Much Will One Ethereum Be Worth?

Ethereum (ETH) Price Prediction: What Price Will Ethereum (ETH) Reach In 2022?

Ethereum (ETH) Price Prediction: How Much Will Ethereum Be Worth In 2025?

Ethereum (ETH) Price Prediction: What Will Ethereum Be Worth In 2030?

Ethereum (ETH) Price Prediction: Can Ethereum Reach $20,000?

Ethereum (ETH) Price Prediction: Can Ethereum Reach $25,000?

Ethereum (ETH) Price Prediction: Can Ethereum Reach $30,000?

Ethereum Price Prediction: How High Can Ethereum Go?

Is It Good To Invest In Ethereum Now?

Can I Get Rich With Ethereum?

Is Ethereum A Long-Term Investment?

Where Can I Invest in Ethereum?

Conclusion: So, Can Ethereum Reach $50,000?

 

What Determines Ethereum’s Price?

Ethereum’s price is determined by several factors. Those most essential are the upgrade of the Ethereum Network called London Hard Fork, the impact of decentralized finance (DeFi), and positive reserve risk analysis.

Ethereum’s London Hard Fork 

When Vitalik Buterin and seven others first proposed Ethereum in a whitepaper, it mirrored the blockchain technology after Dogecoin (DOGE), Litecoin (LTC), and ultimately Bitcoin (BTC). 

This means that the novel tokens that will oversee all transactions on the network had to go through a process of mining. 

This process could only be facilitated through the longstanding proof-of-work (POW) algorithm first employed by Satoshi Nakamoto. This saw the Ethereum crypto project contribute to the scalability problems associated with the adoption of blockchain technology and cryptocurrencies in general. 

Because of Ethereum’s advancement into the triggering of smart contracts that made it possible for developers to create decentralized finance (DeFi) protocols and applications (DAPPS), users on the Ethereum ecosystem soared to new highs. 

This meant that the processing fee termed the “gas fee” was relatively higher than Bitcoin and Litecoin / Dogecoin (which employed SCRYPT technology in seeing their chains process more transactions per second). 

This scalability problem ultimately led the average transaction fee of Ethereum to peak at $71.72 in May 2021.

With Ethereum 2.0 still in transition, the development team announced the implementation of major upgrades along the way. These upgrades included the London Hard Fork

The London Hard Fork included five proposals and they are EIP-3554, EIP 3529, EIP 3541, EIP 3198, and EIP-1559

The highlighted EIP-1559 has contributed more to the current valuation of Ether. This is because it introduced a new mechanism that has changed the way gas fees are estimated on the Ethereum blockchain. This has sped the scalability of the whole ecosystem. Aside from scalability, this EIP-1559 also introduced a fee-burning mechanism

When transactions are made on the Ethereum Network, a base fee is burned. Once this happens, some of the Ether tokens are removed from the circulating supply. 

The resultant effect of this in the long term is to reduce the number of Ether tokens. Once this happens, there is a huge chance that scarcity will occur. 

From our basic knowledge of the laws of economics, scarcity normally leads to supply being lesser than demand which ultimately increases the value of the asset (Ether) being sold over a given period.

Ethereum’s Dominance of the Decentralized Finance (DeFi) Space 

Decentralized Finance (DeFi) has soared significantly in 2021. According to Sanbase, the market capitalization of decentralized finance (DeFi) projects in the last seven (7) days up to the time of writing (5th November to 12th November 2021) is $112 billion

The trading volume for these projects in the same period is $12.5 billion

According to the DAPP Industry Report, Q3 2021 Overview "the DeFi space gets competitive as Terra, Solana, and Avalanche consolidate as DeFi players. The TVL in the industry rose 53.45% QoQ, reaching $178.12 billion." 

Despite competition from other smart contracts-backed blockchains, Ethereum continues to lead the way when total value locked (TVL) is brought to the discussion table. 

According to Block Crypto, as of Friday, 12th November 2021, the total value locked in the Ethereum project is $118.73 billion

In comparison with others, the total value locked in the Binance Smart Chain (BSC) that houses trending decentralized applications such as SafeMoon Protocol and PancakeSwap is $26.62 billion

One of the highly scalable blockchain technologies on the market today, Solana, has a total value locked of $14.64 billion

One of the best performing chains, Terra, finished fourth with a total value locked of $10.93 billion

The difference between Ethereum in the first place and the Binance Smart Chain in the second (2nd) place is $92.1 billion

According to DeFi Pulse (a website that tracks total value locked in decentralized applications), DAPPS on Ethereum dominate the top twenty (20). Among others, some of the DAPPS helping Ethereum gain mileage include but are not limited to Maker, Curve, Aave, InstaDAPP, Compound, Convex Finance, Uniswap, Yearn Finance, SushiSwap, Liquity, Balancer, Synthetix, Bancor, Flexa, Rari Capital, Fei Protocol, DeFi Saver, RenVM, Nexus Mutual, and dYdX among others. 

This shows Ethereum’s dominance in a space that continues to see billions of dollars daily since Ether is heavily involved in all the transactions that happen on these DAPPS.  

Ethereum (ETH) Has a Positive Reserve Risk Analysis 

Reserve Risk Analysis in advanced trading and investing studies is whereby price and investor interest (confidence) is assessed to arrive at whether an asset is an attractive investment or an unattractive investment

For an asset to be considered an attractive investment, investor confidence should be higher than the price of the asset. 

For an asset to be considered an unattractive investment, investor confidence should be lower than the price of the asset. 

Now that we are on the same wavelength, Trading Education can say that investing in Ethereum (ETH) is an attractive investment. This is because although Ether is relatively high when compared with altcoins such as Binance Coin (BNB), Cardano (ADA), Litecoin (LTC), Dash (DASH), Bitcoin Cash (BCH), Tronix (TRX), and EOSIO (EOS), it is relatively lower when compared to Bitcoin (BTC). 

Despite its relatively high price (staying on ETH in comparison with other altcoins), investor interest in the crypto trading asset continues to be high. 

ETH has recorded at least $12 billion from 1st September 2021 to date. 

This means that despite the more than 14,000 crypto tokens on the market today, ETH still has long-term holders in addition to the millions of unsophisticated traders and investors that continue to add the token to their investment portfolios.

This is highly reflective of the daily increase in the number of unique Ethereum addresses from 130 million in December 2020 to 176 million in November 2021. 

There has been a 35.3846% increase in the number of unique Ethereum addresses contributing to the billions of transactions ETH is involved in daily.

With the statistics provided, we can say that the awesome liquidity being poured into Ether due to investor confidence has contributed invaluably to its current spike in price.  

Read Also: Is it Better to Invest or Trade Ethereum?

Ethereum (ETH) Price Prediction: How Much Will One Ethereum Be Worth?

Many analysts and experts continue to make several price forecasts. Some of them answer the question how much will one Ethereum be worth in 2021 to 2030? 

According to experts at FX Leaders, price drivers such as positive crypto market sentiment, full recovery of COVID-19, war on cryptos, the impact of the London Hard Fork, the success of Ethereum 2.0, cryptocurrencies as a safe haven, hawkish central banks, global politics, and Ethereum upgrades, Ether (ETH) could trade between $4,400 to $5,000 by the end of 2021

Ether could reach the minimum price of $10,000 and the maximum price of $20,000 by the year’s end of 2024, the experts conclude.

According to analysts at Wallet Investor, Ethereum (ETH) could reach the lowest possible price of $4,816.600, an average price of $5,107.380, and the best possible price of $5,405.690 on the last day of 2021

The analysts further predict Ether to trade for a coin at an average price of $10,629.60, the lowest possible price of $9,689.870, and the best possible price of $11,683.20 on 31st December 2023. Ethereum (ETH) can reach a regular price of $13,402.90, the minimum price of $11,750.10, and the maximum price of $15,228.80 by the end of 2024

Lastly, the analysts expect ETH to trade for an average price of $18,535.70, the lowest possible price of $14,939.10, and the best possible price of $22,196.90 in November 2026.

According to Ananthi Reeta at Coin Quora, “In the short-to-mid-term scenario for our Ethereum price prediction 2021, ETH has to break past the resistance level at $4,494. To do this, it has to establish more support at the resistance level at $6,245.” 

In the long term, when it comes to ETH price prediction 2021, the analyst largely remains bullish. 

The analyst further believes that by the year’s end of 2023 “If ETH holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $9,500, making it not plummet but play consistently.” 

Coin Quora further foresees that as per the latest developments and upgrades, on 31st December 2024, there is a huge chance that ETH could trade for the maximum price of $12,500.

Experts at Price Prediction believe Ethereum could trade a coin at an average price of $4,895.86, a minimum price of $4,476.21, and a maximum price of $5,035.74 on the last day of 2021

According to the experts, the novel token that continues to be involved in millions of transactions daily could have an average price of $10,347.02, the lowest possible price of $10,077.84, and the best possible price of $12,390.92 written next to it on 31st December 2023

By the year’s end of 2024, Ether could have a regular price of $14,872.31, a minimum price of $14,454.83, and the maximum price of $17,788.52.

According to the experts at Digital Coin Price, Ether (ETH) could trade for $6,614.91 by the end of 2021, increasing to $9,670.10 by the year’s end of 2023, and soar further to $11,910.32 by the close of 2024

The experts further estimate ETH to command the best possible prices of $16,422.48 on the last day of 2026 and $14,415.59 and $20,739.34 by the year’s end of 2027 and 2028 respectively.

Analysts at Coin Price Forecast predict Ether (ETH) to trade for $2,276 mid-year and $7,309 by the end of 2021

The analysts further forecast Ether to reach best possible prices of $11,710 by the year’s end of 2023, $15,198 (2024), $20,182 (2026), $22,603 (2027), $24,979 (2028), $26,395 (2029), $32,282 (2031), $34,918 (2032), and $37,531 (2033).

According to the experts at Trading Beasts, Ethereum could trade for an average price of $4,091.460, the minimum price of $3,477.741, and the maximum price of $5,114.325 by the end of 2021

Trading Beasts further forecasts Ether to command an average price of $4,810.526, the lowest possible price of $4,088.947, and the best possible price of $6,013.157 on 31st December 2023

By the year-end of 2024, Ether could trade for a coin at an average price of $5,044.016, the minimum price of $4,287.414, and the maximum price of $6,305.020, Trading Beasts concludes.

According to analyst Elena R. at CoinPedia, “With further improvements, the advent of Ethereum 2.0, which promises the price may rise consistently throughout the year. However, if ETH price manages to outgrow Bitcoin, it might smash a high of $7,084.752 to $7,564.26 this year (2021).” The average price of the analysts by the close of 2021 for Ether stands at $5,663.

According to Prime XBT Experts, Ether could trade for a potential low of $1,440 and a potential high of $14,000 by the end of 2021. On the last day of 2023, Ether tokens could have a minimum price of $2,600 and a maximum price of $7,200, the experts concluded.

Moreover, stock trading coach and technical analyst Michael Van de Poppe forecast Ethereum to trade in the range of $7,500 to $12,500 in the future.

Lastly, co-founder of Blockfyre and managing partner at Moonrock Capital, Simon Dedic, predicts Ethereum has a long-term future that could see the token be worth as much as $9,000 someday.

Don't Miss: Ethereum Price Prediction

 

Ethereum (ETH) Price Prediction: What Price Will Ethereum (ETH) Reach In 2022? 

There have been several forecasts made about the potency of the Ether token. Since 2021 is almost over, many traders and investors with a short to the medium-term outlook of the market want to know how much Ethereum will be worth in 2022

Experts at FX Leaders further estimate the native asset behind the Ethereum ecosystem to trade for the lowest possible price of $6,000 and the best possible price of $8,000 by the end of 2022.

Analysts at Wallet Investor foresee the novel behind the Ethereum Network to trade for a regular price of $7,870.580, the minimum price of $7,425.690, and the maximum price of $8,356.960 by the year’s end of 2022

According to Coin Quora, “If this bullish trend continues, Ethereum will reach $6,500 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $7,000.” 

Experts at the Price Prediction think Ether could trade for an average price of $7,183.59, the lowest possible price of $6,938.80, and the best possible price of $8,348.33 by the end of 2022.

According to analysts at Digital Coin Price, Ether (ETH) could command a price of $8,263.90 on the last day of 2022

According to analysts at Coin Price Forecast, Ethereum (ETH) could have a trading price of $8,674 by mid-year and $8,101 by the end of 2022.

Trading Beasts believe the second most popular cryptocurrency could trade for an average price of $4,489.216, the minimum price of $3,815.833, and the maximum price of $5,611.520 on the last day of 2022.

Analysts Elena R. at CoinPedia thinks that ETH could trade for an average price of $8,711.98, the minimum price of $5,000, and the maximum price of $12,962.33 by the end of 2022.

 

Ethereum (ETH) Price Prediction: How Much Will Ethereum Be Worth In 2025? 

With an eye on the medium term and the potency of the Ethereum ecosystem, one of the questions that continue to yield millions of search results is, how much will Ethereum be worth in 2025? 

Let us take an extensive look at estimates pointed out by analysts and experts across several reputable crypto portals. 

According to the analysts at Wallet Investor, Ether (ETH) could trade for an average price of $16,164.20, the lowest possible price of $13,590.70, and the best possible price of $18,977.40 on the last day of 2025.

According to analyst Ananthi Reeta, Ether (ETH) could reach $20,000 by the end of 2025.

According to the Price Prediction, Ether could reach a regular price of $21,400.18, the minimum price of $20,805.29, and the maximum price of $24,850.21 by the end of 2025

According to experts at Digital Coin Price, Ethereum could close on 31st December 2025 at $14,299.11

According to analysts at Coin Price Forecast, Ether (ETH) could trade for $15,788 by mid-year and $17,367 by the end of 2025.

David Cox at CryptoNewsZ opines that ETH could start 2025 with a minimum price of $5,200 and end the year with a new all-time high price of $5,600

Elena R. at CoinPedia foresees the token behind the first smart contracts network trade for a potential low of $8,521.63 and a potential high of $21,860 on the last day of 2025.

Prime XBT Experts believe Ether could have the lowest trading price of $4,500 and the best trading price of $41,000 from 2024 to 2025. 

 

Ethereum (ETH) Price Prediction: What Will Ethereum Be Worth In 2030?

Several long-term traders and investors have been asking questions such as how high can Ethereum go in 2030 and how much is Ethereum in 2030

Let us take a look at some of the forecasts that can answer the question what will Ethereum be worth in 2030

Experts at Price Prediction opine that Ethereum could have an average price of $130,729.88, the lowest possible price of $127,199.95, and the best possible price of $151,753.50 on 31st December 2030

Analysts at Coin Price Forecast estimate that Ethereum could trade for $28,832 by the middle of the year and reach a new all-time high of $29,622 by the end of 2030.

Check Out: Will Ethereum Make Me Rich In Ten Years?

 

Ethereum (ETH) Price Prediction: Can Ethereum Reach $20,000?

According to Price Prediction.net, Ethereum (ETH) could test $20,000 in 2025

According to the Wallet Investor, Ethereum (ETH) could test $20,000 in the course of 2026

According to the Digital Coin Price, Ether could reach $20,000 in 2028.

According to the Coin Price Forecast, the novel token behind the first smart contracts network could reach $20,000 around 2026.

According to CoinPedia, the second-largest cryptocurrency by market capitalization could have a trading price of $20,000 in 2026.

According to the experts at Prime XBT, Ether could reach $20,000 in 2024.

Ethereum (ETH) Price Prediction: Can Ethereum Reach $25,000?

Analysts at Coin Price Forecast think Ethereum (ETH) could reach $25,000 in 2029

Analysts at Price Prediction believe Ether could reach $25,000 in 2026.

Prime XBT Experts estimate Ether to reach $25,000 in 2024 or 2025.

 

Ethereum (ETH) Price Prediction: Can Ethereum Reach $30,000?

According to analysts at Coin Price Forecast, Ethereum could reach $30,000 before mid-year 2031.

According to analysts at Price Prediction, Ethereum could reach $30,000 in 2026.

Ether could reach and surpass the $30,000 price milestones within 2024 and 2025, Prime XBT experts conclude.

Ethereum (ETH) Price Prediction: Can Ethereum reach 100K?

As a major milestone that has been forecasted by analysts and experts for Bitcoin (BTC) to reach in the long term, many traders and investors also want to know if Ethereum can hit $100,000 someday.  

YES! Ethereum could reach $100,000 by the end of 2029 as per the price forecast of experts at the Price Prediction.Net.

According to Brian Schuster of Ark Capital, Ether (ETH) will reach $100,000 by 2024 due to the dominance of its issuing authority (Ethereum) on the decentralized finance space as well as its potential of revolutionizing the entire digital world.   

Ethereum Price Prediction: How High Can Ethereum Go?

Ethereum (ETH) can go as high as $172,639.63 by the end of 2030, as per the Price Prediction.

Is It Good To Invest In Ethereum Now? 

Now is a good time to invest in Ethereum. This is because unlike other cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), and Dogecoin (DOGE) that continue to rely on mere speculation, Ether is backed by several products. 

Aside from its dominance in the decentralized finance space, Ethereum has also taken the lead in the billion-dollar non-fungible token (NFT) space. 

According to the Dapp Industry Report Q3 2021 Overview, “The NFT space generated $10.67 billion in trading volume during Q3, an increase of 704% from the previous quarter. Ethereum accounted for 77.73% of the record numbers." 

What’s more, the NFT Market Cap for Top 100 Ethereum Collections in addition to NBA Top Shot (residing on the Flow Network) was estimated at $14.19 billion

But how does this impact Ethereum (ETHs) price

Top-performing NFT Marketplaces such as Axie Infinity, Decentraland, Chiliz, Enjin, the Sandbox, Illuvium, Gala, LUKSO, Yield Build Games, PlayDapp, and Ultra among others run on the Ethereum Network.

As one of the best performing NFT Marketplaces, Axie Infinity continues to shatter records as it became the most traded NFT Collection. Activity on the collections surpassed $2 billion in historical trading volume as per the report of Dapp Radar. 

Since Ether oversees all transactions on the ecosystem and a user must swap Ether (ETH) tokens to AXS, MANA, ENJ, and others before they can fully enjoy the rewards in NFT, the novel token continues to see huge liquidity. 

This is evident in the more than $11 billion transactions ETH has been involved in the last 24 hours up to the time of writing this report.

If you analyze the pros and cons of investing in Ethereum, you would realize that investing in Ethereum (ETH) NOW could bring you awesome returns in the short, medium, and long term.

 Read Also: 26 Reasons Why You Should Invest in Ethereum Today

 

Can I Get Rich With Ethereum?

You can get rich with Ethereum

For you to get rich with Ethereum, you need to factor into account the current valuation of the cryptocurrency, percentage change, and price forecasts of the token by reputable crypto news and prediction portals. 

The Ethereum Network is very popular with developers and users and this has made its token, Ether, popular in a space of more than 14,000 tokens. 

The current price of ETH is below $5,000. 

Depending on how you measure richness from investing in Ethereum, the following is the potential worth of your investments based on percentage change. 

At $5,000, a 100% change will result in an investment worth $10,000

At $5,000, a 200% change will result in an investment worth $15,000

At $5,000, a 300% change will result in an investment worth $20,000

At $5,000, a 400% change will result in an investment worth $25,000

At $5,000, a 500% change will result in an investment worth $30,000

Several analysts and experts at Wallet Investor, Price Prediction, Prime XBT, Coin Price Forecast, Digital Coin Price, Trading Beasts, and CoinPedia believe that Ether could reach new milestones in the short, medium, and long term

Therefore, if you decide to invest in Ethereum with an eye on the long term, there is a huge chance that you could become rich. You can become one of the few that enjoyed the enormous gains brought forth to millions of people through Ethereum investing and cryptocurrency investing as a whole.

 

Is Ethereum A Long-Term Investment? 

Ethereum is a good long-term investment. As it is the second-largest blockchain platform, many crypto analysts and experts believe Ethereum is a very good long-term investment when compared to other altcoins. 

Despite all the ups and downs in Ether's (ETH) trading history, analysts believe that the price of Ethereum could grow further in the long term. 

One of the factors that will influence investing in ETH in 2021 is the Ethereum Name Service. This is a protocol that issues non-fungible tokens (NFTs) that can represent Ethereum addresses as well as web domains. 

An airdrop was launched on Monday, 8th November 2021 for the newly issued ENS tokens. 

What is an airdrop? In crypto circles, an airdrop is a method of distributing tokens to certain investors that fulfill certain milestones. In the case of the ENS airdrop, tokens were distributed to Ethereum addresses that fulfilled certain parameters. 

In this case, because of ENS’ association with non-fungible tokens, Ethereum addresses that had purchased NFTs in the past were given free ENS tokens. 

Several eligible ENS NFT holders received upwards of $20,000

An Ethereum address holder who goes by the name Adam Davidson reported on Twitter with the statement, “Holy crap that $ENS airdrop was amazing, I made $18,000 by accident.”

In the not-too-distant future, with the development activity of Ethereum standing at 161.34, more innovative decentralized applications (DAPPs) will be added to the Ethereum ecosystem. 

In the long term, they will impact Ether positively and take its price and market valuation to more than $1 trillion

Consider investing in Ethereum (ETH) with an eye on the long term because of the hidden potentials of the network and its native asset, ETH. 

  

Where Can I Invest in Ethereum?

The extensive patronage of the Ethereum Network by developers and several users in the form of liquidity providers (LPs) has made Ether one of the most demanded tokens in the cryptocurrency space. 

This is why many novice traders and investors want to know how to buy Ethereum as well as how to invest in Ethereum.

There are several best places and ways to buy Ethereum in 2021 and beyond. 

They include but are not limited to Binance, Coinbase Pro, Huobi Global, Kraken, Mandala Exchange, Bitstamp, Coinmama, Bittrex, Bisq, Bitfinex, OKEx, and eToro.

Before you choose a cryptocurrency exchange, you should factor payment methods, ease of use, fees, anonymity, limits, regulatory compliance, security, reputation, liquidity, speed, geographical restriction, and customer support into account. 

This will help you not only settle on the best place to invest in Ethereum but the well-regulated and safest place to invest in Ether as well. 

Among the aforementioned list, Trading Education would like to recommend eToro as the cryptocurrency exchange that can safely and securely help you in your quest to invest in Ethereum (ETH). Follow the steps below and you will be on your way to becoming an ETH holder. 

1. SIGN UP FOR AN ETORO ACCOUNT

Kindly input details of your full legal name, regularly used contact number, active email address, and a credible residential address. Your email and contact number will be verified first.

2. VERIFY YOUR ACCOUNT

As per compliance with regulations, eToro prioritizes Knowing Your Customer (KYC), Anti-Money Laundering (AML), and Countering Terrorism Financing (CTF). 

As a result, you will be asked to provide government-issued identification cards (passports, national IDs, or driving licenses) to fully verify the identity of the person behind the personal computer or smartphone. 

Aside from this, eToro will require proof of residence in the form of an internet bill, utility bill, and bank or credit card statements. Depending on how cooperative you are as a customer, the verification process can take less than 24 hours. 

3. DEPOSIT FUNDS

Without fiat currency (USD, EUR, or GBP), you cannot buy Ether tokens. Therefore, choosing from a diverse range of options such as bank transfer, bank cards, and online payment service wallets such as PayPal and Skrill, you can upload funds that meet your risk appetite.

4. NAVIGATE to the Ethereum PAGE

On this page, you can buy fractions, one, or several ETH tokens. The transaction will be calculated, processed, and completed within seconds.

Ready To Invest In Ethereum ETH?

Conclusion: So, Can Ethereum Reach $50,000? 

Ethereum can reach $50,000 as per the price of several stakeholders of the blockchain technology, decentralized finance, and cryptocurrency space. 

This will help answer the question, Ethereum Price Prediction: Can Ethereum reach $50,000?  

One of the people who believed in this forecast is an angel investor and crypto margin trading expert Joe McCann. He believes that Ethereum could reach as high as $50,000 by March 2022.

Additionally, Ethereum developer and supporter Anthony Sassano estimates the second-largest cryptocurrency by market capitalization to reach $150,000 by 2023.

According to the experts at Price Prediction, the potency of the Ethereum ecosystem, the extensive adoption of the network by developers and users, could see Ether (ETH) reach $50,000 and settle for the best possible price of $57,140.19 in 2027.

With the price forecasts of the experts and analysts under perspective, the sky is limited for the market valuation of Ether. 

If the crypto bubble continues in the next five (5) years, who knows Ether could reach the $50,000 price milestone or even surpass it. 

Therefore investing $5,000 in ETH today could see you get more than 900% returns in the long term.

eToro – The Best Platform to Buy Ethereum 

eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.

Virtual currencies are highly volatile. Your capital is at risk.

Top Brokers in