ETH has shot higher in line with broader cryptocurrency markets thanks to multiple positive news stories, all of which follow several months of bad headlines for crypto. First off all, there are reports that a new type of crypto exchange is starting up, which may help ease growing fears about tighter regulation.
As long as the Ethereum network keeps becoming stronger and the team continues to develop innovative features, ETH and its investors will likely continue to grow and prosper now and years to come.
Conclusion: Yes, Ethereum Can Reach $100K
The main reasons behind this are the increasing use of Ethereum in the world of digital bonds, real estate, and government and central bank usage of the blockchain network on a state level.
As more transactions on Ethereum occur, the price of transaction fees increases, as transaction fees are based on supply and demand.
The Ethereum Surge is a development stage of the Ethereum network. It includes a set of upgrades, most notably sharding.
When demand is higher on the Ethereum network, ETH gas fees go up. The network demand and transaction complexity determines the cost of gas, which makes waiting around for low-traffic times a good way to save money on gas fees (generally Sundays, or at times outside of working hours in the U.S. and Europe.)
Whether Ethereum will experience similar returns again is uncertain. But since its price is two and a half times lower than its 2021 peak, investing in it at a bargain price is worth considering. Even if it doesn't see momentous returns, approaching its all-time high again could bring significant yield.
While a lot could happen between now and 2030 for Ethereum, we estimate its price could reach a possible low of $7,400, with a possible high of $12,200 and an average price of $9,800.
Considering the Ethereum price prediction above, we may not anticipate Ethereum to deliver the highest gains in the next decade. Still, it remains one of the most reliable long-term investments in the cryptocurrency market, offering substantial growth potential.
Ethereum, however, has an infinite supply. In January 2021, there were 113.5 million tokens in circulation. As of April 2022, there are roughly 120 million. There are some predictions that after shifting the Ethereum process from PoW to PoS, the supply of Ethereum may be reduced.
According to a projection by VanEck, the Ethereum (ETH) price could skyrocket to $51,000 by 2030 if there's another crypto bull market. The prediction is based on Ethereum (ETH) becoming accepted across various industry sectors, such as finance, healthcare, and insurance.
If Ethereum is able to regain those levels, the $100 investment today would be worth $245.07. This represents a return of 145.1% from today's hypothetical investment if the highs are reached again. With the current price, Ethereum has gained significantly from the one-year low of $896.11 hit in June 2022.
With current market indicators, Ethereum remains bullish long term and still has numerous potentials to offer the crypto space. However, if you seek to earn significant profits in 2023 and beyond, you should consider investing in the five cryptos discussed in this post.
The Economy Forecast Agency
They expect the year 2023 to see Ethereum trend lower, with an ETH price prediction of a yearly low in November of $598. Even more concerning, they do not have Ethereum breaking above $2000 until April 2025, only to turn around and start falling again.
Bitcoin is the more established and mainstream of the two, which makes ETH just a touch riskier. As with most investments, it's possible Ethereum's higher risk brings with it potential for higher rewards.
Ripple (XRP) – Next Crypto To Explode With 10X Growth Potential in 2023. ApeCoin (APE) – Top Pick for the Most Promising Altcoin To Explode. Binance Coin (BNB) – Next Crypto to Explode Among Exchange Based Coins. Solana (SOL) – Next Best Crypto To explode In The Smart Contract Blockchain.
According to Finder's analysts, ETH will peak in 2023 at $2,474 per token and conclude the year at $2,184 per unit.
This price is expected to rise in the on-coming year (2022), with quite a few experts in finance and cryptocurrency believing that ether will overtake bitcoin.
The potential upcoming crash in the Nasdaq 100 (tech stocks), and in Ethereum as a consequence, will be driven by a poor earnings season, Cheung believes. This is one of the conditions that could force ETH's price to break below $1,000 and into $500 for the first time since 2020.
ETH price has seen massive rallies of nearly 8200% and 600% during the bull runs of 2017 and 2021, respectively. While the $10,000 mark isn't impossible for the Ethereum price, which is a near 500% or a 6x rally – it is nearly impossible to attain that number within 2023 itself.
The short answer: Nobody knows for certain. Crypto is still a speculative investment, so there are no guarantees that this industry will even exist years or decades from now. That said, Ethereum remains one of the strongest players in the field.
There are several risks associated with investing in cryptocurrency: loss of capital, government regulations, fraud and hacks.
For an even longer-range outlook, Telegaon predicted the future price of ethereum could climb from an average of $5,617.24 in 2025 to $9,798.93 in 2030 and $23,871.42 in 2040, before it offered an ethereum price prediction for 2050 that suggested the coin could achieve $45,128.53.