Ethereum Price Predictions: How Much Will ETH Be Worth In 2021 And Beyond?

After hitting $3,500, what’s next for the price of Ethereum (ETH)?

16 Min Read
Last Updated July 23rd 2021

Will Ethereum go up or crash? Read our Ethereum Price Predictions 2021 – 2025

Are you looking for the top Ethereum price predictions in 2021? Or have you been struggling to answer the question ‘is Ethereum a good investment?’ You’re in the right place.

We’ll be exploring what the experts have to say about Ethereum’s future performance. After hitting $3,570, what’s next for the price of Ethereum (ETH)? Is Ethereum a good investment? Read on to discover the top ETH price predictions for 2021-2025.

With a current price of $3,672.65 and a market capitalization rate of $412,631,419,387, Ethereum (ETH) shows no sign of slowing down. The so-called digital silver has grown by over $1,3500 since April, after initially hitting a price of $1,000 in January 2021. But as the market-wide bull run appears to be levelling out for other cryptos, many investors are wondering ‘can Ethereum make me rich?’ 

Unlike many other assets, Ethereum has maintained its market position during the latest upturn. Before 2021, its all-time high (ATH) was around $1,127. Now, ETH is hitting a new ATH almost every day. So, how high should we expect its price to soar? 

In this article, we’ll be revisiting some of the top Ethereum price predictions for 2021-2025. Whether you’re an existing or prospective investor, keep reading to find out if ETH will gain value over the next five years. 

Although the latest bull run has seen the majority of cryptocurrencies gain value, lots of big names have been displaced by altcoins on the up. Bitcoin and Ethereum have both retained their top spots, according to CoinMarketCap, so confidence in both assets is at an all-time high. 

Investors and analysts have been scrambling to work out whether the explosive market will continue over the course of 2021 and beyond. 

In this updated article, we’ll be sharing some of the top Ethereum price predictions for 2021-2025. Read on to discover whether ETH is a smart investment or an altcoin on its way down. 

First launched in 2014, Ethereum is one of the world’s oldest altcoins. It’s also the most successful. With a current market capitalization of $43,822,840,729 and a price of $387.09, Ethereum is the second-largest cryptocurrency after Bitcoin — and it’s won a host of dedicated investors over the years. 

Although Ethereum is often used as a catch-all term, it’s actually the name of the blockchain network which its native currency (the Ether, ETH) runs on. This network uses smart contracts to carry out transactions that are 100% secure.

Unlike Bitcoin, there is no fixed supply of Ether, which means it’s a lot more scalable than other crypto alternatives. This is just one of the reasons why many investors believe Ethereum will ultimately outperform Bitcoin.

But how realistic are these beliefs? If you’ve ever wondered ‘is Ethereum a good investment’, read on. We’ll be exploring some of the top Ethereum price predictions to see how much the crypto might be worth between 2021 and 2025 and beyond. 

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What Is Ethereum?

As we mentioned in the introduction, Ethereum is an open source blockchain technology platform that carries out secure crypto transactions. This open source blockchain is known as a decentralized application, otherwise referred to as a dApp

In addition to its native Ether, the Ethereum platform also supports many other cryptocurrencies. A lot of these cryptos are active in the decentralized finance (DeFi) market — a fast-growing sector that provides services such as loans, insurance, and savings programs free from the tethers of big banks and other centralized businesses. 

Throughout 2020 so far, Ethereum has processed $13.5 billion worth of decentralized exchanges, up from less than $3 billion in 2019! As the demand for more decentralized services continues to grow, Ethereum will benefit from the success of the altcoins which are run on its platform. 

As well as being the world’s second-largest cryptocurrency, the Financial Conduct Authority (FCA) has also discovered that Ethereum is the third most widely known crypto in the United Kingdom. 17% of its respondents reported that they had heard of the altcoin before, placing it behind Bitcoin and Bitcoin Cash

Excited by Ethereum’s recent growth? Keen to answer the question ‘is Ethereum a good investment’? You’re in the right place. We’ve explored what the experts have to say about the price of Ethereum in 2021 and beyond. 

Short-Term Ethereum Price Predictions: 2021 

Ethereum price prediction for 2021

After hitting $3,500, what’s next for the price of Ethereum (ETH)? Is ETH a good investment? Read on to discover the top Ethereum price predictions for 2021-2025.

When we shared a list of Ethereum price predictions in April, Wallet Investor believed that ETH would be worth $3,075.030 by the end of 2021. Considering the asset’s price is already almost $400 higher than that, it’s not surprising that the platform has adjusted its expectations. 

So, how do its updated predictions compare? What do crypto experts believe could happen to the price of Ethereum in 2021? 

Our first short-term Ethereum price prediction comes from WalletInvestor. The investment analysis platform has given an ultimately bullish Ethereum predictions for 2021:

If you’re wondering ‘will Ethereum reach $4000?’, this prediction should be good news. As we can see, Wallet Investor now believes that the price of Ethereum could max out at $4,591.330 by the end of December 2021, rising to $5,771.720 in a year’s time. This is over $1,500 higher than its previous prediction just one month ago, which shows how rapidly the price of Ethereum is growing. 

If Wallet Investor’s forecast is correct, the price of ETH will have grown by over $4,000 over the course of 2021. This might not rival Bitcoin’s massive $50,000 growth, but considering the ATH of Ethereum was just $1,127 before its latest bull run, it’s clear this year has signalled a major turning point for the asset. 

As we can see, Wallet Investor no longer expects to see high levels of volatility. In fact, it believes the price of Ethereum will go from strength to strength, eventually closing 2021 at a maximum potential value of $4,591.330.

The potential minimum and average prices are both higher than ETH’s current price of $3,570.34 ($3,909.690 and $5809.090 respectively). If these predictions come true, we should expect to see Ethereum gain almost $1500 before the end of the year. 

From this point onwards, ETH will continue to increase, gaining value throughout the rest of the year. By the end of 2021, WalletInvestor has listed the following potential prices: 

  • Minimum price: $3909.690
  • Average price: $4591.330
  • Maximum price: $5,809.290 

For our second short-term Ethereum price prediction for 2021, we’ve turned to Previsioni Bitcoin. The Italian cryptanalysis site is often optimistic when it comes to the short-term prospects of digital assets, mainly because it foresees mass adoption of cryptocurrency in the coming years.

The platform believes that Ethereum is in for another record year, with its price soaring to a new all-time high (ATH) of $10,029.534 in December 2021.

Previsioni Bitcoin is even more optimistic about the short-term prospects of Ethereum. According to its technical analysis, the price of Ethereum ETH could hit $5,637.2898 by June 2021, before rising to a staggering $10,029.534 by the end of the year. 

Although Ethereum’s recent performance has been impressive, this forecast may be a little over optimistic. The price of ETH has increased by around $2,000 since March, but there’s no precedent for the growth rate we’d need to see for the asset to reach $5,637.2898 in a month’s time. 

That said, Ethereum has increased in value rapidly over the last few weeks. If its current bull run continues at the same rate, we could still potentially see prices of around $10,000 by December 2021.

This would make it the second crypto to hit five figures after Bitcoin (which first hit $10,000 back in 2017). 

Mirroring the market explosion that occurred in December 2020, Previsioni Bitcoin thinks that ETH will experience the majority of its 2021 growth in the form of a massive bull run between September and October. It predicts that the price of Ethereum will increase from $4,250.038 to $8,564.347 in the space of just one month — a growth rate that, if true, will mean the asset will double in value in 30 days! 

Wallet Investor’s predictions might be positive, but they’re much lower than those from Long Forecast. This investment analysis platform has predicted a potential top price of $7,529 in November 2021, a staggering increase of over $4,000. 

Considering Ethereum has gained $1800 in two months, it’s not out of the question that $5,000 is achievable in seven. If you’re wondering ‘is Ethereum a good investment?’, this growth rate would certainly suggest the answer is a resounding yes.

Unusually for Long Forecast, the investment analysis platform has actually given one of the most bullish predictions for 2021. Its research has suggested that Ethereum could hit a top price of $15,322 before the end of December 2021 — more than $12,000 higher than its current price of $3,451.65! 

Ethereum Price Predictions For 2021:

Month Open Low-High Close Mo,% Total,%
May 2021 $2776 $2757-$5866 $5214 87.8% 87.8%
Jun 2021 $5214 $4493-$6471 $6048 16.0% 118%
Jul 2021 $6048 $6048-$7507 $7016 16.7% 153%
Aug 2021 $7016 $7016-$8709 $8139 16.0% 193%
Sep 2021 $8139 $8139-$9816 $9174 12.7% 231%
Oct 2021 $9174 $9174-$11387 $10642 16.0% 283%
Nov 2021 $10642 $10642-$13209 $12345 16.0% 455%
Dec 2021 $12345 $12345-$15322 $14320 16.0% 416%

 

Although Long Forecast clearly believes that the price of Ethereum could fall back down to under $3,000 in May, it doesn’t expect this bearish adjustment to last long. By June, we could see prices of over $6,000, with this value increasing steadily throughout the rest of the year. Long Forecast expects the Ethereum asset to reach $10,000 as early as October, before gaining over $5,000 in just two months.

The digital asset, Ethereum, is currently at its all-time high, having outstripped its previous ATH of $3,000. Long Forecast clearly believes that ETH will hit a new ATH almost every month for the remainder of 2021 — a reassuring sign to anyone who’s worried that its bull run will soon reach its peak. 

Before we move on to our long-term Ethereum price predictions, let’s take a look at what DigitalCoinPrice believes could happen to the price of ETH in 2021. According to its forecasts, Ethereum will ultimately gain value throughout the year. However, its price is likely to fluctuate, with a minimum price of $3,759.29 and a maximum price of $6,575.12. 

Like both WalletInvestor and Previsioni Bitcoin, DigitalCoinPrice expects to see a steep bullish run towards the end of the year. This late surge will be the culmination of a series of peaks of troughs — none of them particularly drastic, but still a contrast to the slow and steady increases we’ve seen in the past. 

BeinCrypto.com has an even more optimistic outlook. The platform used technical analysis, a process that involves analyzing key highs and lows in the history of a cryptocurrency’s price in order to predict future price movements. BeinCrypto identified the following standout prices for its technical analysis strategy: 

value of ethereum

By applying the upward pattern which we can see in the first grey box to the second box, this chart gives a price of approximately $6,800 by December 2021. As a prediction, it might seem too bullish when compared to the more modest expectations of the other crypto platforms we’ve mentioned.

Our final short-term Ethereum price prediction comes from Prime XBT. According to its analysis, the sky's the limit for ETH, and its short-term forecast for 2021 is one of the most bullish we’ve seen.

As it explains on its website, Prime XBT believes that ‘a breakout higher is due any day’ and that the height of its previous base structure (represented by the first arrow on the graph) could signal a rise of 1,300%. This would take the price of Ethereum to a new record of almost $22,000 per ETH — roughly 8 times higher than its current price.

If this prediction comes true, Ethereum would be the second cryptocurrency, and the first altcoin, to hit double figures.

So, is Ethereum a good investment for 2021? The short-term ETH price predictions suggest Ethereum could be a safe investment this year. None predicts that ETH will close 2021 at a lower price than its current value, which should be a reassuring sign to investors.

The key question now is whether its long-term prospects are as promising as its short-term ones.

What Will Happen to the Price of Ethereum (ETH) in 2021?

According to the predictions, the price of Ethereum could reach anything between $6,000 and $18,000 by the end of the year 2021. The forecasts suggest we’re unlikely to see high levels of volatility, and that ETH’s  growth will continue to follow the bullish trend already established over the last few weeks. 

Will the Price of Ethereum (ETH) Go Up in 2021?

it seems probable that the price of Ethereum (ETH) will go up in 2021. Investors could see $4,800 in the near term and $5,500 sometime by the end of 2021. Long Forecast and Prime XBT are even more optimistic about Ethereum’s future, suggesting that ETH could gain as much as $20,000 over the course of this year. 

The predictions all agree that the  Ethereum ETH asset will gain value throughout the course of the year, although they differ when it comes to the potential top price. 

Crypto Research Report has predicted Ethereum price to reach $6,650 later in 2021.

According to the managing partner at Blocktown capital, James Todaro, Ethereum will go up and reach a price point of $9,000 eventually. He strongly believes that ETH will potentially scale up to a $1 trillion market value.

These projections should be encouraging news for any investor who’s wondering Will Ethereum go up in 2021? Or ‘is Ethereum a good investment?’ According to these figures, ETH could definitely be a good investment, with its price increasing year-on-year. 

Would you consider investing Ethereum ETH?

Ethereum predictions for 2021 are incredibly varied, ranging from under $5,600 to around $20,000! If you favour a long-term investing strategy, let’s take a look at the Ethereum price predictions for 2022-2025. 

Long-Term Ethereum Price Predictions: 2022-2025 

What are crypto experts forecasting for Ethereum in 2022 and beyond?

The outlook for Ethereum in 2021 seems overwhelmingly positive. But if the bull run in 2017-18 taught us anything, it’s that the market can change almost overnight, undoing months of growth in the space of a few weeks. That means it’s crucial to look ahead to 2022-2025 to see what the long-term prospects could be for the price of ETH. 

So, what could happen to the price of Ethereum over the next five years? 

According to Cryptocurrency Price Prediction, the forecast is incredibly bright for Ethereum. This platform predicted a top price of Ethereum of $7,708 by the end of 2021, and it clearly expects the level of growth to continue in the long term. 

Ethereum Price Predictions In 2022:

January 2022

$8,472

February 2022

$10,034

March 2022

$10,243

April 2022

$11,180

May 2022

$11,944

June 2022

$11,562

July 2022

$13,472

August 2022

$12,326

September 2022

$13,715

October 2022

$12,708

November 2022

$13,541

December 2022

$12,777

 

Ethereum Price Predictions In 2025:

January 2025

$35,415

March 2025

$39,582

May 2025

$45,831

July 2025

$41,804

September 2025

$40,970

October 2025

$47,914

December 2025

$49,303

 

As we can see, Cryptocurrency Price Prediction expects Ethereum to brush against a staggering $50,000 by the end of December 2025. It believes the majority of this growth will occur in 2024, as the price jumps from ‘just’ $13,854 in July 2023 to $35,415 in January 2025. 

The platform has described Ethereum as ‘unstoppable’ — and its prediction certainly suggests that is the case. Anyone who’s wondering ‘what will Ethereum be worth in 2030?’ will be pleased to see Cryptocurrency Price Prediction’s forecast, which places ETH at a whopping $105,898 by January 2030, before rising to $140,618 by December 2030. 

Digital Coin Price has given a much less bullish prediction for 2022-2025, although it still expects the price of Ethereum to increase over the next seven years. Its analysis suggests that ETH won’t hit $10,000 until 2025, which is a little later than other platforms. 

Digital Coin Price might not be as optimistic as Cryptocurrency Price Prediction, but its predictions are still an encouraging sign for existing investors. According to its forecasts, the price of one ETH will reach $10,631.94 by the end of 2025. 

For each of the next ten years, Digital Coin Price has given the following Ethereum predictions

Ethereum Price Predictions In 2021-2031:

  • 2021: $5,239.19
  • 2022: $6,144.53
  • 2023: $7,190.09
  • 2024: $8,855.78
  • 2025: $10,631.94
  • 2026: $12,210.74
  • 2027: $10,718.54
  • 2028: $15,420.49
  • 2029: $19,450.32
  • 2030: $24,650.12
  • 2031: $31.564.34

Up until 2027, the growth rate is relatively steady, with only short periods of volatility and the price of Ethereum increasing by roughly $1 to $1,500 every year. However, Digital Coin Price expects the asset to stagnate over the course of 2027 — before jumping up by almost $5,000 in the space of a few months. 

If you’re wondering ‘will Ethereum hit $10,000?’, Digital Coin Price’s predictions suggest that this could happen around the year 2025.

Compared to the predictions from Coin Price Forecast, Digital Coin Price’s prediction may be a little low. Coin Price Forecast expects the price of Ethereum to rocket by around $4,000 to $6,000 year-on-year, hitting a bullish $30,000 by the end of 2025. 

Ethereum Price Predictions In 2021-2025:

Year Mid-year Year-end
2021 $6,277 $9,401
2022 $13,057 $16,865
2023 $17,520 $20,927
2024 $24,415 $26,030
2025 $29,404 $30,634

 

This growth rate would mean the price of Ethereum could be worth around 10 times its current value within the next five years. If its prediction is correct, we’ll see ETH double in price before June or July year, which may seem unrealistic — but isn’t impossible given the crypto’s performance over the last few weeks. 

The platform predicted a top price of $9,401 for Ethereum ETH in 2021, so what does it expect to see in 2022-2025? If you’re wondering ‘will Ethereum go up?’, you’re likely to feel encouraged by DigitalCoinPrice’s forecasts. Between 2022 and 2025, it believes that Ethereum ETH will rise from $16865 to $30,634 — a drastic improvement on its previous ATH

According to the platform DigitalCoinPrice.com, Ethereum ETH will be a profitable investment for 2022 and beyond. 

Based on DigitalCoinPrice’s predictions, Ethereum’s steady progress will culminate in 2026, for which year the platform has predicted a top price of $36,639.04. Although 2027 will see the price of Ethereum fall back down to $34,072.13, 2028 will be another record-breaking year, with ETH reaching a value of $55,858.47. If you’re wondering ‘what will Ethereum be worth in 2030?’, this means the answer could be as high as $60,000. 

Our third long-term prediction for the price of Ethereum comes from Long Forecast. Having predicted that the value of ETH could reach $15,322 in 2021, the platform expects to see the following prices in 2024-25: 

Ethereum Price Predictions In 2024:

Month Open Low-High Close
Jan 2024 $14844 $14289-$14935 $14612
Feb 2024 $14612 $13603-$14612 $13874
Mar 2024 $13874 $13103-$13874 $13337
Apr 2024 $13337 $13374-$14142 $13871
May 2024 $13871 $13024-$13871 $13252
Jun 2024 $13252 $12541-$13252 $12732
Jul 2024 $12732 $12732-$13391 $13169
Aug 2024 $13169 $13169-$13933 $13676
Sep 2024 $13676 $13676-$14562 $14264
Oct 2024 $14264 $13970-$14568 $14269
Nov 2024 $14269 $13335-$14269 $13586
Dec 2024 $13586 $13586-$14451 $14160

 

Ethereum Price Predictions In 2025:

Month Open Low-High Close
Jan 2025 $14160 $13249-$14160 $13494
Feb 2025 $13494 $13494-$14337 $14053
Mar 2025 $14053 $14053-$15030 $14701
Apr 2025 $14701 $14701-$15835 $15453
May 2025 $15453 $15453-$16768 $16325

 

Long Forecast is frequently pessimistic about the mid to long-term prospects of different cryptocurrencies. Many of its forecasts suggest that prices could slump in 2022-2024, before starting to reclimb at the start of 2025.

Ethereum is clearly no exception. In June 2024, its price could fall below $13,000, hitting a potential yearly low of $12,541.

The silver lining is that Long Forecast’s predictions for 2025 suggest the asset could regain value rapidly. With prices of over $16,700 predicted for May 2025, the platform’s forecasts are actually lower than those we saw from Digital Coin Price (which listed $30,634 as Ethereum’s price in 2025).

The good news is these predictions suggest the overall trend for Ethereum is bullish. Although Trading Beasts apparently expects the rate of progress to be relatively slow, it doesn’t think that Ethereum’s recent growth is a short-lived fluke. 

Our final long-term Ethereum price prediction comes from Crypto Rating. The cryptocurrency analysis platform uses an AI algorithm to reach its predictions, which currently place the price of Ethereum at $26,000 by 2025. This will constitute a growth rate of 1,754% from mid-January 2021. 

Between 2023 and 2025, Crypto Rating also expects ETH to hit the following milestones:

  • 2023: $18,100 per coin
  • 2024: $28,000 per coin 

The platform believes that 2024 will see the biggest price spike for Ethereum over the next five years. This is because it anticipates that the long-awaited Ethereum 2.0 will only be fully implemented in this year. The increased efficiency and capabilities of the upgrade will spark an increase in price, helping to drive ETH’s value up to $26,000 by 2025.

The crypto platform has predicted that the average price of Ethereum will climb from $6,250 in January 2022 to $14,900 in December 2023, with potential maximum prices even passing the $15,000 mark. 

However, as a long-term investment, it projects that Ethereum could perform much better. According to its predictions, the value of the Ethereum ETH coin could rise to $6,800 by the very end of 2021, rising to $13,600 in 2022, and achieving a mean price of $19,000 by 2025.

However, all of these predictions pale in comparison to those of PrimeXBT. Using technical analysis to extend the three bottom pattern which we saw in its Ethereum 2022 price predictions, the platform has predicted a staggering value of $35,000 before 2025 comes to an end! 

ethereum price chart

What Will Happen to the Price of Ethereum (ETH) in 2025?

According to the predictions, the price of Ethereum could reach between $12,000 and $49,000 by the end of 2025. This would give us an average price of around $29,500, which isn’t far off Coin Price Prediction’s forecast. 

The platforms also suggest that ETH won’t see particularly high levels of volatility over the next few years. Although the graph from Digital Coin Price shows more volatility from around 2024, its forecast for 2022 suggests that Ethereum will gain value steadily throughout the year. 

According to the ETH price prediction, Ethereum is set to rise to $6,872 by the end of 2021, $9,276 in 2022, to soar all the way to $25,735 by December 2025.

Based on Ethereum projections from DigitalCoinPrice.com, the price of Ethereum ETH is expected to rise significantly in the coming years, trading around $5240 by the end of 2021, $6,144 by the end of 2022, $7,190.09 by the end of 2023, $8,855.78 by the end of 2024, and $10,631.94 by the very end of 2025.

Will the Price of Ethereum (ETH) Go Up in 2025?

Yes, the price of Ethereum will probably go up in 2025. None of the platforms expect to see a repeat of the aftermath of 2017-18, which is an encouraging prospect — but only time will tell for sure. 

Additional Ethereum (ETH) Price Predictions 2023-2025: 

Ethereum price predictions 2022:

  • Trading Beasts: $4,483.178
  • Wallet Investor: $5,815.450
  • Long Forecast: $26,975
  • Pound Forecast: $17,054

Ethereum price predictions 2023:

  • Trading Beasts: $5,359.421
  • Wallet Investor: $7,706.550
  • Long Forecast: $22,740
  • Prime XBT: $70,000
  • Pound Forecast: $11,840

Ethereum price predictions 2024:

  • Trading Beasts: $6,237.845
  • Wallet Investor: $9,791.230
  • Long Forecast: $10,103
  • Pound Forecast: $7,187
  • Prime XBT: $36,000
  • Brain Schuster (Ark Capital): $100,000

Ethereum price predictions 2025:

  • Wallet Investor: $11,987.40
  • Long Forecast: $12,906
  • Pound Forecast: $9,183

Conclusion: Ethereum ETH Price Prediction Forecast

The below prediction figures outline some of the Potential high and low of Ethereum ETH price prediction forecasts in 2021, 2022, 2023, 2024, and 2025 offered by technical analysts and industry experts.

Year High Low
2021 $8,400 $2,400
2022 $15,300 $3,455
2023 $21,200 $5,200
2024 $32,150 $7,865
2025 $50,500 $9,560

 

Would you consider buying ETH?

Who Has Invested In Ethereum? 

It’s not just crypto platforms who believe Ethereum is destined for greatness. Various notable Ethereum investors have also weighed into the debate. In fact, if you’re wondering ‘will Ethereum rise like Bitcoin?’ or even ‘will Ethereum beat Bitcoin?’, you may be pleased to know that many investors believe the altcoin will challenge — and could even replace — the king of crypto in the future. 

Ian McLeod, a technology expert, has predicted that Ethereum could take 50% of Bitcoin’s market share within the next five years. The founder of Ark Capital LLC, Brian Schuster, is similarly optimistic. He predicts $100,000 exchange rates for Ethereum by 2025 and also believes that ETH could soon replace gold on the global financial market. 

James Todaro, the Managing Partner at Blocktown Capital, is another crypto investor who believes that Ethereum will hit a market capitalization of $1 trillion in the coming years. He believes this is thanks to the growing interest in dApps, which Ethereum is well-placed to capitalize on. Based on the total supply of Ethereum, this means that each Ether coin would need to value $9,000 in order to hit this market cap. 

If any of these Ethereum price predictions come true, they’ll be in good company. It wouldn’t be the first time that an ETH enthusiast has correctly foreseen the crypto’s future.

The Director of Communications at ConsenSys, Andrew Keys, correctly predicted that Ether would hit a price of $1.15 by the 29th February 2016 when being interviewed by CoinDesk. His predictions came true just two weeks into the year — so if you’re looking for the top Ethereum predictions 2020-2028, don’t overlook the views of the investors who have championed the crypto from the beginning.

How Has The Price Of Ethereum Changed Over Time? 

Ethereum was officially launched in 2015 and has defended its status as the world’s largest altcoin ever since, coming second only to Bitcoin in the cryptocurrency market. With some of the predictions suggesting that ETH could hit $10,000 in the next 5 years, let’s look back at how the price of Ethereum has changed over time. 

When Ethereum first entered the crypto market in 2015, its price was quite stagnant, ranging from $0.31 to $2.83. Throughout 2016, its ATH was $8.21 — but in 2017, we saw a change of pace. 2017 was a record year for the cryptocurrency sector, with almost every major crypto experiencing rapid and unprecedented growth. Bitcoin, for example, skyrocketed to its then-ATH of $20,000, while Ripple XRP grew by a staggering 36,000%. Ethereum was no exception to the rule, jumping to a price of $740 from just over $8. That’s an increase of around 9,000% in less than a year. 

Disappointingly for many investors, this growth was short lived. Many cryptocurrencies lost value quickly in 2018, and after hitting its ATH of $1,389.18 on January 15th 2018, the price of Ethereum dwindled back down to around $100 by August. This is a key reason why the market’s most recent bull run has left people feeling uneasy. Could it be as short-lived as the growth we saw in 2017? 

At this stage, thankfully, many analysts think not. After the value of ETH dropped from $245 on March 7th, 2020 to $111.28 on March 17th, it seemed the global coronavirus pandemic would be detrimental to cryptocurrency. However, the uncertainty didn’t last long. In fact, our sudden reliance on technology and contactless payments renewed investor interest, something that partly explains the bull run that followed. 

For the remainder of 2020, Ethereum (and the market as a whole) continued to climb. By the end of November, ETH had hit $500 — and its growth didn’t stop there. Its next milestone was $1,000, and by 20th January  2021, it was brushing against its previous ATH of $1,271. 

Currently, Ethereum is setting new records on an almost daily basis. The last few weeks have been particularly bullish, with the price of ETH rocketing from $2,266 on April 23rd to its current price of $3,451.65. We can see this trend by looking at the chart below, which comes from Coin Market Cap: 

What Factors Affect The Price Of Ethereum?

In order to make the most accurate Ethereum price predictions 2021-2025, and ultimately answer the question ‘is Ethereum a good investment?’, it’s important to understand the different factors that can affect the price of ETH. 

1. The Demand For Decentralized Finance 

Interest in decentralized finance, also known as DeFi, has skyrocketed. Decentralized finance is the idea that we should be able to access financial services that aren’t owned by central bodies such as banks and big businesses. Cryptocurrency is fully decentralized, a key draw for many people who believe its self-sufficiency makes it a more democratic form of currency. In the wake of the coronavirus, this draw has only become stronger. With digital payments the new norm, experts now think that crypto will become more popular than ever. 

Ethereum is perfectly placed to take advantage of this. The Ethereum platform powers more than 280,000 ERC tokens — the name used to describe cryptocurrencies that have launched on its branded network. Of these, more than 40 are on the list of the world’s top 100 cryptocurrencies by market capitalization, and many more are active in the DeFi sector. As demand for decentralized services continues to grow, the demand for Ethereum will grow too. This will drive up the price of ETH.  

2. The Launch Of Ethereum 2.0

The first phase of Ethereum 2.0, the long-awaited upgrade to the Ethereum network, launched on December 1st, 2020. Although the asset has clearly been caught up in the market-wide bull run, Ethereum price predictions already expected to see the value of ETH increase as a result of the upgrade. This is because Ethereum 2.0 will bring a number of key benefits to the platform.

  • The new Eth2 platform is designed to process more transactions while massively improving its energy efficiency. At the moment, a single Ethereum transaction requires a staggering 22.65 kWh of energy. Over the course of just one year, this means that Ethereum’s power consumption is comparable to that of the whole of Costa Rica! 
  • Ethereum will be switching from a proof-of-work algorithm (PoW) to a proof-of-stake algorithm (PoS). In a PoW system, cryptocurrency miners have to solve complex equations using their computer in order to verify transactions and add them to the blockchain. This process requires huge amounts of energy, contributing to Ethereum’s whopping power consumption. In a PoS system, however, users can simply ‘stake’ their cryptocurrency as collateral in order to verify their transactions. 

The first phase was severely delayed, so many analysts believe we won’t see the full benefits of the complete upgrade for a while. (Crypto Rating, for example, believes we’ll start to see significant increases in the price of ETH around 2024, as the remaining phases are unlikely to have been implemented before then). However, if Ethereum is able to process more transactions, lower its fees, and boost its transaction time, we’re likely to see a huge increase in the demand for its services. This, in turn, will have a positive impact on the price of ETH.

Have you considered investing Ethereum?

Key Points

  • At the time of writing, Ethereum has a price of $3,451.65 and a market capitalization rate of $400,551,419,387. 
  • Ethereum was officially launched in 2015. Before its most recent bull run, its ATH was around $1,271. 
  • Wallet Investor believes that the price of Ethereum could max out at $4,091.330 by the end of December 2021, rising to $4,771.720 in a year’s time.
  • According to Previsioni Bitcoin, the price of ETH could hit $5,637.2898 by June 2021, before rising to a staggering $10,029.534 by the end of the year. 
  • Long Forecast has predicted a top price of $15,322 before the end of December 2021. 
  • Cryptocurrency Price Prediction believes that Ethereum could be worth $12,777 by the end of December 2022 and $49,303 by December 2025. 
  • Digital Coin Price has claimed that Ethereum will hit $10,631.94 by 2025, a little later than some of the other predictions.
  • Coin Price Forecast expects the price of Ethereum to be around $30,000 by the end of 2025. 
  • Factors that can affect the price of Ethereum include the demand for decentralized finance (DeFi), the coronavirus pandemic, and the launch of Ethereum 2.0.

We hope that you’ve enjoyed this article about the top Ethereum price predictions for 2021-2025. Whether you’re an existing or prospective investor, all eyes are currently on ETH. Is Ethereum a good investment for your portfolio? 

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FAQ

Can Ethereum reach $10,000?

Yes, the predictions suggest that Ethereum could reach $10,000 within the next five years. 

Is Ethereum a bad investment?

The cryptocurrency market can move quickly, but according to the forecasts, Ethereum has strong long-term potential. The asset has maintained its market position since 2016, suggesting that it has the technology to support future growth. 

Ethereum is well-placed to capitalize on factors such as the growth of DeFi. There is also no max supply of ETH tokens, so scalability isn’t such an issue for the Ethereum platform as it is for other cryptos (including Bitcoin). 

What is Ethereum price prediction in 2021?

Ethereum might reach $6,380 by 2021.

Will the price of Ethereum go up?

As per the market analysts and enthusiasts, Ethereum has a high probability of price surge. Ethereum has a great roadmap scheduled for 2021 and beyond.

Is Ethereum worth buying?

According to many experts, Ethereum could outperform Bitcoin in the near future. As the world’s second-largest crypto, it’s definitely the most successful altcoin. This means if you’re considering buying cryptocurrency, Ethereum is a worthy contender for your portfolio. 

Will Ethereum reach $5,000?

Lots of analysts agree that $5,000 is a realistic target for Ethereum. Current predictions are almost unanimous in claiming that ETH is likely to hit $5,000 within the next few months, especially considering the Ethereum 2.0 update that’s occurred. 

What will be the Ethereum price prediction in 2025?

Ethereum might reach $15,500 by 2025.

Should I buy Bitcoin or Ethereum?

Although each crypto has its own benefits and drawbacks, it’s worth remembering that Ethereum was launched after Bitcoin — which means it was designed to solve some of the problems which plague the so-called king of cryptocurrency. Ethereum is generally agreed to be more scalable and will soon be a lot more energy-efficient. This could potentially mean it’s got a more robust future. 

Further Reading:

What Top 10 Cryptocurrencies To Invest In 2021?

Ethereum Vs. Bitcoin: Is Ethereum a Better Investment than Bitcoin?

Is Ethereum A Good Investment And Should I Invest in Ethereum?

Ethereum VS. Ripple: Which One Should Be In Your Portfolio?

Ethereum is one of the Most Popular Cryptocurrencies In The USA?

Ripple Price Predictions: How Much Will Ripple Be Worth In 2021

Disclaimer: Cryptocurrencies are highly volatile. Your capital is at risk and Past performance is not an indication of future results. Forecast and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of Trading Education.

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