Ethereum (ETH) has been trailing right behind Bitcoin as the second-largest token on the cryptocurrency exchange. The open-source blockchain has been a key player in the crypto trading scene by including smart contracts, resulting in efficient transactions.
Introduced on July 30, 2015, the token appeared as a potential asset to many and began popularizing on trading platforms. By February 2017, the coin had gained momentum and quickly became a prime choice for investors in decentralized finance.
In May 2023, the prices of Ethereum were close to $1,808.59, and it had been a while since the merger in September last year. Does the token still hold the same potential? What does the future of ETH look like? These are some questions we will attempt to answer in this article.
Is Ethereum a Good Investment?
The forecast shows that Ethereum (ETH) prices will increase in the coming future. Whether you are aiming long or short, profits are expected either way. However, the moving average of ETH in the last 24 hours shows that 13 sticks are in the red, which indicates a bearish market. But over the past year, ETH prices rose from a low of $896.11 to a high of $2,147.19.
So, in the long run, Ethereum could be a good investment. Our predictions are made using analysis and should not be taken as financial advice.
Ethereum Price History
| Year (Month) | Min. Price | Max. Price |
| 2018 (Apr) | $363.80 | $708.88 |
| 2018 (Aug) | $254.65 | $435.46 |
| 2018 (Dec) | $82.83 | $157.67 |
| 2019 (Apr) | $140.74 | $184.38 |
| 2019 (Aug) | $167.07 | $239.12 |
| 2019 (Dec) | $119.78 | $153.16 |
| 2020 (Apr) | $129.73 | $227.53 |
| 2020 (Aug) | $343.59 | $444.58 |
| 2020 (Dec) | $533.00 | $754.30 |
| 2021 (Apr) | $1,912.18 | $2,797.97 |
| 2021 (Aug) | $2,449.35 | $3,466.99 |
| 2021 (Dec) | $3,525.49 | $4,780.73 |
| 2022 (Apr) | $2,727.41 | $3,573.96 |
| 2022 (Aug) | $1,427.73 | $2,022.79 |
| 2022 (Dec) | $1,160.38 | $1,346.17 |
| 2023 (Apr) | $1,765.52 | $2,137.45 |
Ethereum [ETH] Price Prediction Table up to 2050
| Year | Min Price | Avg Price | Max Price |
| 2023 | $1,784.21 | $2,195.48 | $2,432.35 |
| 2024 | $2,213.86 | $2,470.91 | $2,576.18 |
| 2025 | $2,696.74 | $2,703.35 | $2,931.06 |
| 2026 | $3,228.81 | $3,462.99 | $3,650.29 |
| 2027 | $3,023.68 | $3,832.40 | $4,180.62 |
| 2028 | $4,464.94 | $4,563.72 | $4,923.59 |
| 2029 | $4,936.62 | $5,682.93 | $6,107.64 |
| 2030 | $5,315.38 | $5,989.16 | $7,623.22 |
| 2040 | $10,644.95 | $11,895.50 | $13,984.48 |
| 2050 | $19,647.21 | $21,978.62 | $22,397.65 |
Ethereum Price Prediction for 2023
According to our analysis, it is predicted that Ethereum (ETH) prices will reach a high of $2,432 by the end of 2023. In bearish trends, prices could also drop to $1,784. Technical analysis shows that the market sentiment is on a bullish trend. From our fundamental analysis, factors like merging are playing a valuable role in the prices of Ethereum.
On September 15, 2022, the Ethereum merging took place which reduced the energy consumption reduced by 99.95% by making a shift to the proof-of-stake (PoS) mechanism. Ethereum Mainnet was earlier based on proof-of-work (PoW), but since the merging, the blockchain has merged with a newer and better Beacon Chain.
Since the transition, the prices of Ethereum (ETH) have increased, and it is visible in the price chart given below.
Ethereum Price Prediction 2024
By 2024, we are expecting greater performance from Ethereum, and prices are forecasted to reach $2,214 (low) and $2,576 (high). In April 2023, the Ethereum Shanghai update came through, which introduced features like the Ethereum Virtual Machine (EVM), which is predicted to play a decisive role in the prices of ETH in 2024.
You can learn more about the update on EVM to make an informed investment decision.
Ethereum Price Prediction 2025
Between 2024 and 2025, we are expecting huge steps by Ethereum to stay in second place. Prices are expected to be at a maximum of $2,931 and a minimum of $2,697. The recent transition of Ethereum to PoS has brought improvements to the Ethereum blockchain. Such advancements by the organization are expected by 2025.
Here is a brief video on what we expect to happen after the Ethereum merges.
After the merge, the reward of miners reduced from 5.4 million ETH to only 500,000 ETH annually. This move might keep inflation under control and reduce the maximum supply.
Ethereum Price Prediction 2030
In 2030, the prices of Ethereum are predicted to increase rapidly and reach a new ATH of $7,623 and a minimum will be around $5,315. If Ethereum continues to improve its blockchain and work on innovative ideas, the prices could increase even further than our forecast.
Ethereum Price Prediction 2040
Between 2030 and 2040, the prices of ETH can cross the $10,000 threshold and reach a maximum of $13,984, with a minimum of $10,645. Ethereum would need to increase its network and welcome more partners to reach such a high price.
Ethereum Price Prediction 2050
The forecast suggests ETH prices will soar over $19,647 with a high of $22,398. The maximum price of Ethereum in 2050 is expected to be a new high. ETH is already involved with non-fungible tokens (NFT) and decentralized apps (dApps.) However, cryptocurrencies are volatile, and sustaining close to a decade requires improvements in the close future.
Should I Buy Ethereum?
The digital currency, Ethereum is a hot topic in the cryptocurrency exchange even after eight years of launch. It is no secret that the second largest crypto token is backed by several industries and Ethereum maximalists believe that due to the increased inflation, investing in digital currencies is a better way.
We cannot be sure about where the price of ETH is going, but we have stated factors above that could influence the market. Moreover, we also suggest you conduct self-research on Ethereum before investing.
FAQ about Ethereum (ETH)
Can Ethereum reach $100K?
Our analysis shows that Ethereum might cross $20,000 by 2050 and the chances of reaching $100,000 seems vague. However, if we witness any unparalleled bull run, a possibility is there.
Is it possible for Ethereum to hit $10,000?
Predictions reveal that ETH can cross $10,000 by 2040, but there are no heavy signs or hints suggesting such an occurrence.
What will Ethereum be worth in 5 years?
Our projection of Ethereum price in 2028 shows that we can expect it to float between $4,538 and $5,197. Five years is a long time, especially for a cryptocurrency as multiple factors are decisive on the way. So, always do your own research on Ethereum before investing.
Can Ethereum beat Bitcoin?
The chances of Ethereum overtaking Bitcoin are pretty low in 2023 and for a few more upcoming years. Bitcoin has a market capture of 46.3%, whereas ETH dominates at 19.6%. Closing this gap is difficult as the largest crypto coin is still growing in May 2023.
How high can Ethereum realistically go?
According to our predictions, by 2050, Ethereum (ETH) can reach a mind-blowing high price crossing $20K. However, being a risky market, bearish trends are also possible and we suggest you to do loads of research while making investment decisions.
Realistic Ethereum Price Prediction
At the time of writing, the market trend is bearish and technical analysis shows that prices could drop even further. We are predicting that a low of $1,721 is incoming shortly and being followed by a bullish run.
Especially with a low supply of ETH, the prices have a likelihood to increase. Yet, nobody can say exactly what will happen. This study is meant to help you make informed decisions and not to be taken as investment advice.
Take a look at this candlestick chart, and between 8th May and 14th May, the market trend is under the red zone. The prices are predicted to rise, and investing right now has a probability of returns.
