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.
Owning one Ethereum is unlikely to make you rich. While the potential for gains exists, particularly if Ethereum becomes the ... Hi!
If you're willing to learn from history's mistakes, let's look at Dogecoin (DOGE), Pulse Valley (PVC), and Shiba Inu (SHIB), three cheap cryptocurrencies that could make the next crypto millionaires. Pulse Valley leads the pack with a 100x growth potential in 2023 alone.
Given the current rate of growth and the general unpredictability of cryptocurrency markets, it's plausible that Ethereum could hit $20,000, but not necessarily within the next ten years. This is a sentiment that takes into account market volatility, regulatory factors, and technological advancements.
Ethereum (ETH), the second largest cryptocurrency by market capitalisation after Bitcoin, accounts for almost 20% of the $1.1 trillion global crypto market, making it one of the safest long-term bets if you are looking to diversify your portfolio with digital currency.
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.
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.
With the bull market expected to start in 2024, our 2025 Ethereum price prediction estimates a price of $7,630. While long-term price predictions are more difficult to make, we believe Ethereum could break the 10K mark in 2030, with the average price for our 2030 Ethereum forecast at $9,800.
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.
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.
According to experts, the seven cryptocurrencies on course to explode in 2023 are Wall Street Memes (WSM) , Thug Life (THUG) , Chimpzee (CHMPZ) , yPredict (YPRED) , Launchpad XYZ (LPX) .
Overall, Ethereum's positioning as the blockchain at the forefront of Web3 development, and the significant demand for its network from thousands of crypto projects, makes it among the most promising cryptos that could 10X by 2025.
You can absolutely make money through crypto, just as you would trading any other type of asset. But with the extra volatility, there is a higher risk and higher potential profits.
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.
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.
The average ETH holding per address is ~2.17 ETH. Without the top 10 addresses, the average ETH holding per address is ~1.87 ETH.
Ethereum (ETH) Overview
Bullish Ethereum (ETH) price predictions range between $8,432.06 and $15,927.22 by 2030. Market analysts believe ETH could reach $6,558.27 by 2025.
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.
It is forecast that bitcoin's price will reach a maximum of $214,232.74 USD by 2026. This is followed by a minimum of $181,308.21 USD, with an average price of $186,289.04 USD by 2026. Meanwhile, some experts see more potential in Bitcoin and predict a price of $274,279.582 USD by then.
Similarly, In 2040, Ethereum might reach a maximum of $25,241.98. According to some market experts and analysts, Ethereum may cross Bitcoin in 2040 because it will be the most traded and reliable cryptocurrency by 2040.