“Ethereum has no supply. There’s about 10 or 11% of all available Ethereum on exchanges. Everything else is locked away in smart contracts… DeFi, NFTs, and then staking because everyone wants the 2.0 to come… So I think the cycle probably goes on till the summer… which will give us higher prices and a different cycle structure than we’ve seen before.”
Ethereum Price Prediction for 2023
A number of analysts believe that market cycles are getting longer, which could see Ether reach its peak some time in 2023. What’s more, staking, the burning of fees, and growing institutional demand could reduce both supply and sell pressure, leading to a significant price rise.
“Ethereum will have a sell pressure reduction equivalent to undergoing all three of Bitcoin’s halving events consecutively.”
Nikhil Shamapant, investor and author ofEthereum, The Triple Halving
Ethereum Price Prediction for 2024
If the crypto market cycle continues its long-term pattern, there will likely be a fall in prices after the market reaches its peak. However, a number of experts believe Ethereum’s utility and the 2.0 upgrade could see it overtake Bitcoin in terms of market cap—the so-called “flippening”—in or around the year 2024.
“These upgrades represent a major boost not just for Ethereum but for blockchain technology itself. Ultimately, this will mean that its value will exceed that of Bitcoin – probably within five years.”
Ethereum Price Prediction for 2025
Another crypto bull market could see Ethereum reach new highs in 2025. Many believe that out of all the programmable blockchains, Ethereum is in the best position to dominate the space—and the rise of DeFi and NFTs may drive ETH’s value higher.
“ETH will increase as it’s the core driver (and most reliable chain) for most crypto solutions. Over the next few years though we will see other cheaper, faster protocols seeing a high uptake. This could take 5-10 years though.”
Ethereum Price Prediction for 2030
The Ethereum network’s potential for innovation could make it the top ecosystem for developers for years to come, especially if it establishes consistency and greater resilience to cybersecurity issues.
Ethereum Price Prediction for 2040
As blockchain technology develops, more and more financial services are becoming available on Ethereum. By 2040, it’s possible that the entire global financial system could have moved on-chain—and Ethereum is currently the most likely destination. Meanwhile, the introduction of fee burning could lead to a much lower supply by then, driving up Ether’s value.
“The move to proof-of-stake, DeFi, NFTs, and Ethereum’s low inflation rate combined with huge network growth rates will lead to higher demand, and thus higher prices for Ether.”
