Ethereum Price Prediction: How Much Will Ethereum Worth In 2021 And Beyond?
Ethereum Price Prediction Forecast
How Much Will Ethereum Be Worth In 2021 And Beyond?
Will Ethereum go up or crash? Read our Ethereum Price Prediction 2021 – 2025
Are you looking for the top Ethereum price prediction 2021-2025? 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. Find out the top Ethereum Price prediction forecast for 2021 and beyond and discover how much Ethereum could be worth in 2021-2025.
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 2020 and 2025.
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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 fourth 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, Facebook’s Libra, and Bitcoin Cash.
Short-Term Ethereum Price Predictions: 2020-2021
Ethereum price prediction for 2020
What are crypto experts forecasting for Ethereum in 2020?
With just two months left of 2020, let’s take a look at what crypto experts are predicting for the price of Ethereum. This year has been a tumultuous time for financial markets — including cryptocurrency — as a result of the coronavirus crash that occurred as the world went into lockdown back in March.
Between March 11th 2020 and March 13th 2020, the price of Ethereum fell from $200.70 to a low of $89.73. It was the first time the crypto had fallen to double figures since December 2018, but by the end of April, it had recovered to its pre-COVID price and hit $200 again. This bullish trend has continued throughout the rest of 2020. Recently, Ethereum even exceeded $400, remaining largely above this figure between the end of October 22nd and October 27th.
So, after an incredibly eventful year for Ethereum, what should we expect to see in November and December 2020? Let’s kick things off by looking at this graph from the crypto platform Cryptopolitan:
The past performance of a cryptocurrency is always one of the most important factors to consider when attempting to make valid cryptocurrency predictions. As we can see from this graph, Ethereum has experienced two dramatic price drops in the space of six months, with periods of steady growth in between. If this pattern repeats itself towards the end of the year, the price of ETH could approach $500 by the time we enter 2021.
However, Trading Beasts paints a very different picture. For November and December 2020, the crypto platform has listed the following potential prices:
- November: maximum price = $428.283, minimum price = $291.232, average price = $343.626
- December: maximum price = $432.131, minimum price = $293.849, average price = $345.705
Ethereum price prediction for 2021
What are crypto experts forecasting for Ethereum in 2021?
Trading Beasts gives a slightly more positive outlook for 2021, even suggesting a maximum price of $503.651 by December. But on the whole, the growth it predicts is slow and steady. Its most conservative predictions place ETH at a value of $342.483 by the end of 2021, which is lower than its current price of $387.09.
These projections might be unfairly bearish. According to the LongForecast, Ethereum is in for a rather brighter future. Although it predicts that ETH will close the year 2020 at a disappointing $369, it foresees encouraging growth throughout 2021, hitting highs of $710 in August before ending up at a value of $538 by the end of December 2021.
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:
$5.70 (Dec 5, 2016)
$21.21 (June 14, 2016)
$75.40 (Dec 6, 2018)
$1423 (Jan 13, 2018)
$87 (Mar 13, 2020)
$288.48 (Feb 25, 2020)
Using these prices as their starting point, and then identifying similar patterns in the value of Ethereum over time, BeinCrypto arrived at its 2021 Ethereum predictions. We can see these outlined in the graph below:
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 $2,800 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. However, this price wouldn’t be completely unprecedented — Ethereum has exceeded the $1,000 mark before, albeit maxing out at an all-time high (ATH) of $1,389.18 on January 15th, 2018.
As BeinCrypto’s prediction is more than twice Ethereum’s ATH, it’s safe to say this is a very optimistic projection indeed!
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Long-Term Ethereum Price Predictions: 2022-2025
What are crypto experts forecasting for Ethereum in 2022-2025?
The predictions for 2020 and 2021 are incredibly varied, ranging from under $300 to around $2,800! If you favour a long-term investing strategy, let’s take a look at the Ethereum price predictions for 2022-2025.
According to the platform DigitalCoinPrice.com, Ethereum ETH will be a profitable investment for 2022 and beyond. Below, the graph shows its predictions for the price of ETH across the year 2022:
This graph shows the price of Ethereum ranging from lows of $619.83 in April 2022 to highs of $1,158.86 in October. The year will ultimately be profitable, opening at $783.08 in January and closing at $850.47 in December. DigitalCoinPrice apparently expects this bullish trend to continue over the next five years, as we can see from its bar graph:
Although none of these projections rivals the forecast of $2,800 we saw from BeinCrypto, they should still be encouraging news for any trader who’s wondering ‘is Ethereum a good investment for 2021?’ According to these figures, ETH could definitely be a good investment, with its price increasing year-on-year.
The one exception to the rule appears to be 2024. DigitalCoinPrice lists an average price of $1,120.82 for that year, down from an average of $1,189.51 in 2023. However, the good news is that its algorithm predicts that its price will recover in 2025, hitting an average value of $1,441.90. If you’re prepared either to play the long game, or to attempt to profit off very short-term volatility, this shouldn’t necessarily be a worrying cryptocurrency trend.
Trading Beasts may have given a more conservative prediction for 2022-2025 than DigitalCoinPrice, but its figures are still optimistic when we compare them to its rather disappointing 2020-2021 projections. The crypto platform has predicted that the average price of Ethereum will climb from $409 in January 2022 to $578.543 in December 2023, with potential maximum prices even passing the $700 mark.
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 2021 price predictions, the platform has predicted a staggering value of $35,000 before 2025 comes to an end!
$35,000 is more than 25 times higher than Ethereum’s previous ATH, so it would be an extreme achievement for the crypto token if this prediction from PrimeXBT comes true.
However, as a long-term investment, it projects that Ethereum could perform much better. According to its predictions, the value of the Ethereum tokens could rise to $750 by the very end of 2020, rising to $900 in 2021, and achieving a mean price of $25000 by 2025.
Conclusion: Ethereum ETH Price Prediction Forecast
The below prediction figures outlines some of the Potential high and low of Ethereum ETH price prediction forecasts in 2020, 2021, 2022, 2023, and 2025+ offered by technical analysts and industry experts.
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 2020-2025, 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?
Ever since it was officially launched in 2015, Ethereum has defended its status as the world’s second-largest cryptocurrency (and largest altcoin). However, that doesn’t mean that its price has remained static during that time. Like any crypto, Ethereum has experienced numerous periods of volatility, with its price ranging hugely as a result.
At first, the price of ETH was slow to build. In 2015, its price ranged from $0.31 and $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 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.
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.
Earlier in this article, we mentioned that the Ethereum platform is powering many of the cryptocurrencies in the DeFi sector. In fact, it currently hosts more than 280,000 so-called ERC tokens, more than 40 of which are in the top-100 cryptocurrencies by market capitalization. Many are active in the DeFi space — and as demand for these services grows, the demand for Ethereum will necessarily grow too, helping to push up the price of ETH.
It might sound counterintuitive given the severity of the coronavirus crash, but many crypto experts believe that coronavirus (COVID-19) could actually have a positive long-term effect on the price of currencies such as Ethereum. This is because the need for digital contactless payments is guaranteed to increase as the world struggles to contain the virus. As businesses look for new payment options, services such as the Ethereum blockchain could prove instrumental in facilitating safe transactions.
The Launch Of Ethereum 2.0
Ethereum 2.0, otherwise known as Eth2, is the long-awaited upgrade to the original Ethereum blockchain platform. The full upgrade is due to be completed by 2021, with phase 0 scheduled to take place at some point during November 2020.
The new Eth2 platform is designed to process more transactions than its predecessor, 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!
As part of the Eth2 upgrade, 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.
As investors anticipate the phased launch of Eth2, many experts expect the price of ETH will skyrocket in the coming months. This is because the increased efficiency is likely to increase the demand for ERC tokens.
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- Ethereum is the second-largest cryptocurrency in the world, with a market cap of $43,822,840,729 and a current price of $387.09
- In the so-called coronavirus crash, the price of Ethereum fell from $200.70 to a low of $89.73
- Trading Beasts has predicted that ETH is not a good investment for 2021, but will become more profitable from 2022 onwards
- BeingCrypto has predicted a staggering price of $2,800 by December 2021
- DigitalCoinPrice has predicted that the price of ETH will range from lows of $619.83 in April 2022 to highs of $1,158.86 in October
- Ethereum’s ATH was $1,389.18, which it hit on January 15th, 2018
- The coronavirus could drive up the demand for ETH, as people search for safe ways to carry out contactless payments
- The rise of DeFi could also increase the price of ETH
- Throughout 2020 so far, Ethereum has processed $13.5 billion worth of decentralized exchanges, up from less than $3 billion in 2019
- The launch of Ethereum 2.0 will increase the platform’s capacity while making it much more energy efficient
We hope this article about the top Ethereum price predictions for 2020-2025 has been helpful. If you’re considering adding ETH to your portfolio and want to know the answer to the question ‘is Ethereum a good investment’, there’s no better place to start than by keeping on top of cryptocurrency trends and predictions.
As we can see from the predictions we’ve included here, the future price of ETH could vary hugely. The general consensus from crypto platforms and analysts seems to be that Ethereum has very promising long-term prospects. But whether you favour Trading Beasts’ cautious prediction that ETH will lose value throughout 2021, or believe that the crypto could soon hit staggering highs of $2,800, it’s vital to do your own research. Cryptocurrency is always a risky investment, so due diligence is a must if you’re hoping to build a strong portfolio.
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Ethereum Price Predictions — FAQs
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 $1,000 again?
Lots of analysts agree that $1,000 is a realistic target for Ethereum. Current predictions are almost unanimous in claiming that ETH is likely to hit $1,000 within the next 4 or 5 years, especially considering the Ethereum 2.0 update that’s scheduled to occur.
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.