Nishant Kiran
Nishant Kiran is a versatile seasoned financial analyst and price analysis expert with a deep understanding of blockchain and crypto domains. He currently works as the lead analyst where he provides insightful market commentary and actionable trading ideas to institutional investors and hedge fund managers. Throughout his career, he has established himself as one of the most trusted voices in finance, with a proven track record of predicting major market moves. He is known for his deep understanding of charts, ratios, and trends across all asset classes - from stocks and forex to commodities and cryptocurrencies.
Since the beginning of January 2023, Ethereum (ETH) price was up 27% on average per month till April 2023. Yet, the ETH price decreased in May & July 2023. Our Ethereum price prediction between 2023 and 2033 is a well-researched article. Keeping the previous statistics in mind, Let’s dive deep and check whether ETH will hold up its bullish momentum or see new lows.
Ethereum Price Prediction Summary
- The current price of Ethereum is $1837.2 (as on August 3, 2023), up 48.71% in the past year.
- On Nov 16, 2021, Ethereum’s price reached its All-time high (ATH) of $4,891.70. As per this data, ETH is now down 61.84%.
- On Oct 22, 2015, Ethereum’s price saw its All-time low (ATL) of $0.4209. As per this data, All-time lows of ETH is now +438460.21%.
- Our Ethereum price forecast estimates that ETH prices could range between $1,200 and $2,100 from August 2023 to December 2023.
- ETH or Ether is a native cryptocurrency of Ethereum which works on Ethereum Network.
Ethereum ETH Price Chart 2023-2033: Highs, Lows, Average
| Year | ETH Potential High Price | ETH Potential Low Price | ETH Potential Average Price |
| 2023 | $2,001.74 | $1,142.27 | $1,572.0 |
| 2024 | $3,364.04 | $1,358.24 | $2,361.14 |
| 2025 | $6,429.92 | $4,094.58 | $5,262.25 |
| 2026 | $8,540.98 | $7,248.87 | $7,894.92 |
| 2027 | $7,032.10 | $6,209.03 | $6,209.03 |
| 2028 | $10,311.41 | $8,946.71 | $9,629.06 |
| 2029 | $12,140.67 | $7,352.52 | $9,746.60 |
| 2030 | $12,480.12 | $7,410.71 | $9,945.41 |
| 2031 | $15,400.00 | $9,781.10 | $12,590.50 |
| 2032 | $17,050.01 | $10,265.19 | $13,657.61 |
| 2033 | $20,105.57 | $13,456.39 | $16,781.01 |
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Ethereum Price History
In 2014, Ethereum launched as an ICO for $0.311 and traded around $1 in 2015 for the first year. The price saw huge growth in 2017, rising from $8 at the start of the year to an all-time high of $1,396 in January 2018 before falling back down. In 2021, Ethereum prices started rising again, fueled by the DeFi and NFT boom.
They hit a peak of $4,866 in November 2021 as the crypto market surged. However, 2022 has seen a major cryptocurrency sell-off, and Ethereum prices have fallen over 60% to around $1,600 at the time of writing in tremendous growth since launch, with a 164,500% increase from the initial $1 to the 2021 high. The future price trajectory remains uncertain.
Ethereum Price Prediction 2023
Some analysts are bullish on Ethereum, predicting that its price could reach new highs due to its decentralized apps, strong network effects, the continued growth of decentralized finance (DeFi) and market capitalization of non-fungible tokens (NFTs), and the transition to Ethereum 2.0. The lowest and highest price of Ethereum cryptocurrency is expected to be $1,142.27 and $2,001.74 respectively. On average, the 2023 ETH price may reach $1,572.01.
2024 Ethereum Price Forecast
Moving on to the Ethereum price forecast for 2024, many experts predict that this could start a new era of high volatility for the cryptocurrency market, with Ethereum leading the way. We cite the strong long-term earning potential of Ethereum, its position as the second largest cryptocurrency, and upgrades like sharding and Ethereum 2.0 as reasons for continued growth.
The lowest price could be $1,358.24; the average price may hit $2,361.14 by 2024. The highest possible price is expected to be $3,364.04, but if a bull market exists, prices may surpass this projection.
Ethereum Price Prediction 2025
By 2025, the Ethereum market cap is anticipated to reach a new all-time high. The average price may hit $5,262.25, and the highest price could reach $6,429.92. However, if the market experiences a downturn, prices may fall as low as $4,094.58.
ETH Price Forecast 2026
According to our ETH price forecast, Ethereum’s price is projected to reach a minimum of $7,248.87 in 2026. The maximum price could hit $8,540.98, with an average trading price of around $7,894.92.
Price Prediction Ethereum 2027
As per the Ethereum price analysis, the average trading price of ETH for the year 2027 may go down by 16.14%. As countries worldwide continue to grow in considering ETH adoption at a large scale, Ethereum may claim the highest price of $7,032.10 by 2027. In the worst scenario, the Ethereum price could hit $6,209.03. Furthermore, the average trading price is expected to be around $6,620.57.
2028 Ethereum (ETH) Price Prediction
In 2028, the adoption of Ethereum will continue to rise until 2028 and hit a high value of $10,311.41. The bottom price could hit $8,946.71. The avg. trading price could meet $9,629.06 at the end of the year.
Ethereum Price Prediction 2029
Based on market sentiment, ETH is expected to rally towards a minimum of $7,352.52 in 2029. The maximum price could hit $12,140.67, with an average trading price of around $9,746.60.
Ethereum Price Forecast 2030
Looking further ahead to 2030, the crypto sector may undergo a paradigm shift. By then, Ethereum may have an average price of $9,945.41, a maximum price of $12,480.12, and a minimum price of $7,410.71. If there is a bull market in 2030, prices may reach an all-time high of $14,200.01.
2031 Ethereum Price Prediction
ETH price in 2031 is projected to reach a minimum of $9,781.10. The maximum price could hit $15,400.00, with an average trading price of around $12,590.5.
Ethereum Price Forecast 2032
The year 2032 is expected to see highs in ETH price. The lows and highs could be of $10,265.19 and $17,050.01, with an average trading price of around $13,657.6, respectively.
Ethereum Price Prediction 2033
Based on the trend, our Ethereum coin price forecast estimates that the potential highs and potential lows could be of $20,105.57 and $13,456.39, respectively by the end of 2033.
According to CoinMarketCap, Ethereum has seen significant growth over the past few years, with the price of Ether increasing from around $130 at the beginning of 2020 to over $4000 by the end of 2021, an 2,976.92% increase from 2020 to 2021 ATH. Many experts predict Ethereum will continue to rise in 2023.
Therefore, our Ethereum crypto coin price prediction estimates an average price of $16,781.01 by the end of 2033.
Ethereum Price Prediction Methodology
Which methods do we use to predict our Ethereum price prediction?
Our prediction methods are unique which are backed by high-quality AI-powered tools to predict accurate price prediction.
Since the cryptocurrency world is evolving day by day since its inception, Ethereum has emerged as a prominent player, captivating investors and enthusiasts alike. As the demand for Ethereum continues to grow, so does the need for reliable price prediction methods that can help stakeholders make informed decisions in this volatile market. We will talk about the four distinct methodologies that have gained significant attention in Ethereum price prediction: ARIMA, Prophet, LSTM, and SVM.
Ethereum Price Prediction Using ARIMA
The Autoregressive Integrated Moving Average (ARIMA) method stands as a powerful tool for forecasting Ethereum’s price trends. ARIMA is a time series analysis technique that combines autoregression, differencing, and moving average components to create accurate predictions based on historical data. By employing this statistical approach, analysts and researchers can unravel hidden patterns and tendencies within the Ethereum price data, enabling them to make informed decisions and formulate robust trading strategies. ARIMA becomes increasingly vital for investors and traders aiming to explore Ethereum price prediction.
Ethereum Price Prediction Using PROPHET
The ability to forecast ETHs price using the PROPHET method holds promise in guiding investors towards more confident and calculated decisions in the realm of digital assets. Through a combination of historical price data and PROPHET’s sophisticated algorithms, we aim to uncover valuable insights into the driving factors behind Ethereum’s price trends. Furthermore, we seek to explore the strengths and limitations of the PROPHET method in this context, providing readers with a comprehensive view of its potential impact on the cryptocurrency market.
Ethereum Price Prediction Using LSTM
Long Short-Term Memory (LSTM) neural networks have emerged as a powerful tool for time series forecasting. Leveraging their ability to capture intricate temporal dependencies, LSTMs offer a promising approach to predict Ethereum’s price movements. Ethereum price prediction through the lens of LSTM model unravels the intricacies of their architecture and their application in the crypto domain. By examining historical price data and identifying patterns within it, LSTM-based forecasting methods hold the potential to unlock invaluable insights into market trends and sentiments.
Ethereum Price Prediction Using SVM
To make accurate predictions using SVM, a historical dataset of Ethereum’s price, along with relevant features and indicators, is required. The SVM prediction model uses metrics like Mean Squared Error (MSE), Root Mean Squared Error (RMSE), and Mean Absolute Percentage Error (MAPE) to quantify the accuracy of the predictions.
Using the trained SVM model, Ethereum price predictions can be generated for future time periods. However, it’s essential to acknowledge that no prediction model can guarantee absolute accuracy due to the inherent unpredictability of financial markets.
Sentiment Analysis and Prediction
Overall, the sentiment based on the technical analysis is neutral to bullish, with the possibility of a breakout in either direction in the short term but a potentially bullish outlook in the medium to long term. It is important to note that technical and fundamental analysis is not infallible, and market conditions can change rapidly. So, traders and investors should take caution and perform their analysis before making any trading decisions.
Key Factors Affecting Ethereum Price
The price prediction of Ethereum, the second-largest cryptocurrency by market capitalization, is influenced by a myriad of factors. Among these, market sentiment and demand play crucial roles. Positive news, adoption by prominent companies, and regulatory developments can boost investor confidence, resulting in a price surge. Conversely, negative publicity, security breaches, or stringent regulations can trigger selling pressure and lead to price declines.
Technological upgrades also impact Ethereum’s price. Improvements in scalability, security, and network efficiency can attract more users and investors, positively affecting the price outlook. Moreover, the competition from other cryptocurrencies and blockchain platforms can influence Ethereum’s price trajectory.
Economic factors, such as macroeconomic trends, inflation, and interest rates, can indirectly influence Ethereum’s value. In times of economic uncertainty, investors may view cryptocurrencies as a hedge against traditional markets, potentially driving up demand and prices.
Trading volumes and liquidity significantly affect Ethereum’s price stability. Higher trading volumes indicate increased interest and liquidity, which can lead to smoother price movements.
Read our Top 10 Factors Affecting Ethereum Price article to get into detail.
Ethereum Coin Price Forecast by Other Crypto Analysts
1. According to Arthur Hayes, a co-founder of BiTMEX cryptocurrency exchange and one of the top crypto analysts in crypto world, has concluded that AI will work on Ethereum and the price will rise in the forthcoming years.
As per his envision, if decentralized exchange (DEX) trading volumes on Ethereum were to expand and capture 20% of the traditional stock exchange volumes seen in 2022, the price of Ether could surge up to 1,556% from its current price of $1,875 to as high as $31,063.
This massive price increase for Ethereum would be driven by the substantial growth in adoption and usage of DEX platforms and Ethereum-based financial applications. However, it remains to be seen if DEXs can expand significantly enough to reach 20% of traditional exchange volumes in the coming years. He also says – Ethereum will likely reach a five-figure price about half a decade from now.
2. Simon Dedic, co-founder of Moonrock Capital, foresees the price of Ethereum hitting $100,000 by 2030 driven by exponential growth in the use cases for Ethereum through Web 3.0 and Metaverse development.
3. The managing partner of crypto hedge fund Tetras Capital, Alex Sunnarborg, predicted Ethereum hitting $20,000 by 2030 due to growth of DeFi and greater staking participation boosting scarcity.
4. A report by Crypto Research Group projects Ethereum reaching $11,764 by 2025 and $71,763 by 2040 as the blockchain captures more DeFi market share and benefits from accelerating innovation.
5. According to the CoinPriceForecast long term prediction, they estimate Ethereum will reach $11,387 by 2025 and could hit $24,056 by 2033 based on increased adoption and protocol upgrades.
6. Another report by WalletInvestor gives a one year forecast of Ethereum reaching $5,083 in 2023.
What is Ethereum
Ethereum is an open-source and decentralized blockchain platform that runs smart contracts. Vitalik Buterin first proposed it in 2023. Ethereum was officially launched in 2015.
Ethereum allows users to create smart contracts that automatically execute based on predefined conditions without downtime, censorship, or third-party interference. Ethereum supports programmable smart contracts using Solidity, a Turing complete programming language. This allows for complex functionality like decentralized finance apps, non-fungible tokens, decentralized autonomous organizations, and more.
The native cryptocurrency of the Ethereum network is called Ether. It incentivizes nodes to validate transactions and provide computing power to the network. Ether can be traded on cryptocurrency exchanges or used to pay transaction fees on the network.
Ethereum / ETH / Ether Overview
Ethereum has been one of the most promising cryptocurrencies in recent times. After Bitcoin, it is the second largest cryptocurrency by ranking and market cap as per CoinMarketCap’s crypto ranking.
Below is a quick overview of Ethereum (ETH) cryptocurrency.
| Cryptocurrency | Ethereum |
| Token | ETH / Ether |
| Rank | #2 |
| Price Change 24H | -0.67% |
| Price | $1,826.67 USD |
| Market Cap | 215.836B USD |
| Circulating Supply | 120.136M |
| Total Supply | 120.136M |
| Trending Volume 24H | 5.486B USD |
| All-Time High | $4,891.70 |
| All-Time Low | $0.4209 |
| Founder(s) | Vitalik Buterin & Gavin Wood |
| First Proposed | 2013 |
| Officially Launched | 2015 |
How Does Ethereum Work?
Here is a step-by-step process of how Ethereum operates:
- Ethereum uses a powerful blockchain technology to record transactions.
- Nodes run Ethereum software – Network nodes run software that implements the Ethereum protocol. This allows them to process transactions and smart contracts.
- Transactions are broadcast to the network – When a transaction is created, it is broadcast to the entire network of Ethereum nodes.
- Miners validate transactions – Miners group valid transactions into blocks and use computing power to solve the cryptographic puzzle and add the block to the blockchain.
- Smart contracts are compiled into bytecode – Smart contracts are written in languages like Solidity then compiled into bytecode that can be executed by the Ethereum Virtual Machine (EVM).
- EVM executes smart contracts – The EVM is a runtime environment that handles contract deployment and execution. It runs the bytecode on each node.
- Gas fees are paid – Users setting transactions or running smart contracts pay a gas fee in ether which compensates miners for computational costs.
- Consensus determines state – Nodes agree on the final network state via consensus rules like proof-of-work or proof-of-stake. This prevents double spends.
- Transactions update state – Accepted state changes are recorded on the blockchain as confirmed transactions, updating account balances, contract data, etc.
History of Ethereum
In 2013, programmer Vitalik Buterin first proposed Ethereum as a decentralized platform for smart contracts and dapps, funded through an initial coin offering launched in 2014.
Ethereum launched in July 2015 following a presale of Ether tokens which raised over $18 million for development. It debuted as a proof-of-work blockchain with mining rewards going to nodes that validated transactions.
Early projects built on Ethereum included protocols for financial applications like lending and decentralized exchanges. Increased interest led to rapid growth and an all-time high price of $1,400 in early 2018 before declining for a couple of years.
In 2020, Ethereum usage and price spiked again due to emerging trends in decentralized finance and non-fungible tokens. Congestion on the network also grew which led to very high transaction fees.
This fueled proposals for upgrades like Ethereum 2.0 which aims to improve scalability through sharding and transition the consensus method from proof-of-work to proof-of-stake. The Beacon chain launched in December 2020 as the first step in the multi-year upgrade process.
Today, Ethereum has become the leading blockchain platform for decentralized applications in finance, collectibles, games, and more. With continued protocol development, there is still much potential ahead as Ethereum aims to be the primary decentralized world computer.
Ethereum Use Cases
A major use case of Ethereum is as a platform for decentralized applications known as dapps. These dapps leverage the transparency, security and compute power of the Ethereum blockchain to create decentralized versions of services like lending, prediction markets, games and more. Ethereum also enables decentralized autonomous organizations (DAOs) which are organization structures with no central authority.
Ethereum is used extensively in the emerging field of decentralized finance (DeFi). DeFi apps provide financial services like trading, borrowing and insurance in a decentralized manner. Non-fungible tokens (NFTs) that represent unique digital assets are primarily based on Ethereum, with NFTs used for digital art, collectibles and gaming items. Ethereum also facilitates decentralized exchanges where crypto can be traded in a trustless manner through smart contracts.
The native currency Ether (ETH) is used to pay transaction fees on the network. ETH staking allows Ethereum users to earn rewards for helping validate transactions and secure the network. These use cases make Ethereum one of the most utilized blockchain networks.
How to Buy Ethereum in August 2023
Here is a step-by-step guide on how to buy Ethereum (ETH) in August 2023, along with some top crypto exchanges:
- Find a cryptocurrency exchange that supports ETH. Top exchanges include Coinbase, Binance, Kraken, Gemini, and FTX. These allow buying ETH with fiat currencies like USD or EUR.
- Sign up and create an account on the exchange. You’ll need to provide personal information like your name, email, and proof of ID.
- Deposit fiat currency into your account. Popular options are bank transfer, debit/credit card, and wire transfer. Deposits are often free but can take 1-5 days.
- Navigate to the ETH/USD or ETH/EUR market trading pair. This allows you to trade your fiat for Ethereum. Crypto-to-crypto conversions are also available.
- Enter the amount of ETH you want to buy or the amount of fiat currency to trade. You may also limit orders to buy at a specified price.
- Complete the buy order for your ETH. The ETH will then be available in your exchange wallet to trade or withdraw.
- Withdraw ETH to an external crypto wallet or leave it in exchange for trading. Hardware wallets like Ledger and Trezor provide secure ETH storage.
Be sure to enable 2FA authentication on your account and store ETH responsibly. Research reputable exchanges available in your region and only invest what you can afford to lose.
Frequently Asked Questions
Ethereum (ETH) is one of the prominent crypto coins in the crypto world after Bitcoin (BTC). Below are the most frequent questions asked by investors.
What is the predicted price of 1 ETH in 2030?
According to CoinPriceForecast, 1 ETH is predicted to trade at $5,437 by the end of 2030 and $7,002 by the end of 2034. However, it’s important to note that crypto prices are subject to change based on various other factors, such as market demand, technological advancements, regulatory changes, and more, thus being highly volatile.
How many Ethereum are left?
Ethereum has a total supply cap of 210 million tokens, expected to be reached in the coming years. However, it’s important to note that only some of these tokens are circulating. As of the latest data, there are currently 120.44 million Ethereum in circulation. This number can change as new Ethereum tokens are minted through mining, and others may be lost or burned.
What are the best days to buy Ethereum?
While it’s true that cryptocurrency prices tend to start low on Monday and rise throughout the week, it’s important to note that the market can be active at any time of day. Doing your analysis and research before making any investment decisions is always a very good investment idea.
What is the predicted price forecast of Ethereum in ten years?
Price predictions for cryptocurrencies, including Ethereum, are often based on technical analysis and past market trends. However, it’s important to remember that past performance does not necessarily indicate future results. DigitalCoinPrice predicts that Ethereum may close in 2023 at over $1,600 and reach a maximum value of $20,105.57 in 2033.
What is a realistic price prediction for ETH in 2030?
Ethereum is a platform that utilizes blockchain technology and allows developers to create smart contracts and decentralized applications (dApps). Its value is derived from the demand for its utility as a platform and market speculation. Based on the current ETH price trends, it’s estimated that ETH could be traded with a minimum of $7,410.71 and a maximum of $12,480.12.
Could Ethereum reach $50,000?
The price of Ethereum, like other cryptocurrencies, is influenced by various factors, including adoption by businesses and institutions, market sentiment, regulatory changes, and technological advancements. Therefore, any price predictions for Ethereum should be taken with caution and considered within the broader context of the cryptocurrency market. While there is no guarantee the expected price of Ethereum will reach $50,000, but some experts believe it’s possible in the long term.
Bottom Line
The future price outlook for Ethereum remains uncertain but potentially positive. Analyst predictions cited in the article estimate ETH prices reaching new highs between $10,000 to $100,000 by 2030, driven by increasing adoption and upgrades like Ethereum 2.0. However, prices could also fall to new lows if the crypto market faces a major downturn. While short-term volatility is expected, the long-term trajectory seems bullish based on Ethereum’s strong network effects, use cases in DeFi and NFTs, and transition to proof-of-stake consensus. However, predicting crypto prices is challenging. Investors should do thorough research and not rely solely on price forecasts. Overall, if Ethereum can continue innovating as a decentralized platform, its utility and value may rise substantially in the next decade.