Having gone through many obstacles such as hard fork, criticism of the community, and the emergence of competitive companies, Ethereum cryptocurrency is still the second in the ranking after the king of cryptocurrencies, Bitcoin. At Changelly, cryptocurrency pairs with Ethereum are very popular, and also rank second in exchange pairs after Bitcoin.
We are now witnessing the triumph of Ethereum cryptocurrency amid the popularity of the decentralized finance market. The course of ETH coin is already showing unprecedented success.
How does Ethereum manage to maintain its position after a long time? And why is Vitalik Buterin’s cryptocurrency not going to give up? Let’s plunge into the world of the future Ether and its ecosystem and find out what awaits the second world cryptocurrency.
Ethereum Live Price
Let’s re-examine the project once again and overview different Ethereum (ETH) price predictions for 2020, 2023 and 2025 and find key points for the asset value to grow regardless of the cryptocurrency market trends.
Ethereum vs Competitors
Since its inception, the Ethereum network has not lost its first place to its competitors in terms of the number of deployed decentralized applications (DApps).
The DappRadar team’s Q2 2020 report says the DeFi market has provided tremendous support for Ethereum. The increased capitalization of tokens deployed within this ecosystem leads to even greater capital inflows and increases the attractiveness of ETH among DApps developers.
Thanks to DeFi, Ethereum has once again confirmed its status as the leader among blockchain networks in terms of the number of applications. Moreover, the project remains the flagship of the industry, despite the fact that the Ethereum 2.0 update has not yet been activated.
Ethereum (ETH) Historical Price Analysis
In terms of price fluctuations, the cryptocurrency market had a difficult year in 2018. It was also challenging for the second-largest market capitalization cryptocurrency.
In comparison to the 2018 price drop from ~$1,000 to $140 USD per ETH, Q1-Q3 of 2019 ETH price fluctuations look more promising.
The Ethereum’s price was following the cryptocurrency market trend in 2019 with a moderate growth from $152 to $180 per Ether with the All-Time-High of $351 USD on 26 of June. In August, the price of Ethereum cryptocurrency began to fall like the whole crypto market.
ETH coin finished its performance in 2019 with a price of $129. In 2020 Ethereum (ETH) price has begun to rise. Since the DeFi market boomed in August 2020, Ethereum rate tested $400 point price.
According to Xangle Research analysts, the volume of transactions on the Ethereum network increased by 61.7% in the second quarter, having shown an annual maximum on June 23. The statistics partially resemble the spike in metrics before the Ethereum price reached its all-time high of $1,420 on January 13, 2018. In contrast to the events of 2017-2018, the current growth in network activity is due to the growing popularity of stablecoins and the DeFi sector.
Ethereum (ETH) Explained
Ethereum blockchain is a crypto that was based on unique technology. The coin was not a classic Bitcoin fork. This digital currency came as a result of multiple attempts to make the best bet as a Bitcoin alternative. One of the prominent advantages are smart contracts.
By the way, we’ve already explained all the basics of Ethereum cryptocurrency in another article. Check out our Ethereum review and discover the world of ETH crypto and the overall platform.
Here are some of the ways of use of Ether (ETH) Coin:
To pay for transaction fees inside Ethereum’s blockchain
Different projects use Ether as collateral for their finance applications like ETHlend, MakerDAO, Nexo, NUO Network, etc.
Actively used as a payment option in numerous stores and service providers.
Speculations from the cryptocurrency trading markets.
Also, Mr. Vitalik Buterin Impact
The creator and main ideologist of Ethereum is a Canadian developer of Russian origin Vitalik Buterin. Ethereum as a cryptocurrency appeared at the end of 2013, and the launch of the main network occurred on July 30, 2015. Vitalik was one of the reasons why Ethereum has received great love and support on all levels around the world.
Ethereum Popularity Trend
For a long time, Ethereum has been extremely popular on Changelly and its story is going on. You can easily swap the most common pair BTC/ETH or any altcoins listed here on Changelly. Moreover, it’s easy to buy ETH cryptocurrency via our partners on the purchase page.
As we already mentioned, the latest peak of 2020 was associated with the interest to decentralized finance sector. The trend is still rising. The latest Ethereum news are filled with record-breaking news such as the rise of miners income or the highest fees in the net.
Analysts on Ethereum Price Projections
One of the most famous crypto bloggers The Crypto Dog has stated that Ethereum price is gaining momentum right at the beginning of 2020:
Well, as far as we may know, the price predictions of analysts are extremely positive. Some of them even predict the price of $350 as soon as possible.
SatoshiFlipper claims that Ethereum is on the important support level now. According to the blogger, ETH will test new heights only if bitcoin price will go up.
Antiprosynth can argue with a previous narrator. He thinks, that Ethereum may overcome Bitcoin in some years.
A huge number of crypto enthusiasts, miners, traders, and investors are closely watching the price of ETH 2020. They are waiting ETH price will recover as soon as possible to its previous dominant values after the network issues will be solved. Are you looking for ETH future price prediction in 2020-2025?
Let’s look at the Ethereum price predictions for late 2020, 2021, 2022 and further years given by experts and forecasting services.
#1. WalletInvestor’s Ethereum (ETH) Price Predictions for 2020-2025 years
The views of this value forecasting service are usually negative if the coin has shown a decreasing trend for a long time. WalletInvestor believes that in a year Ether cryptocurrency will go up to $270 and will hit $844 USD per ETH in 2025 only. Pretty bullish.
#2. CoinSwitch ETH Predictions for 2020-2025
They predict Ethereum to grow for $484 per coin and the subsequent bull rally to $1449 level at the end of 2020. Well, the coin has already reached the point of $400. Maybe it will grow in future.
It is expected that during 2020-2022 the Ethereum coin will be able to reach the level of $2480 and hold it until 2025 when the price will get to the level of $3844 per ETH. Ethereum price will definitely go up!
#3. Bobby Ullery’s Ethereum Price Prediction for 2020
In his Ethereum price forecast Bobby Ullery, blockchain & Ethereum’s evangelist, believes that the total cryptocurrency capitalization in 2020 will reach $4.5 trillion and 25% of the market will be divided between BTC and ETH. Based on this assumption, Bobby predicts that in 2020, 1 ETH will cost $11,375!
#4. LongForecast ETH Price Forecast for 2020, 2021, 2022, 2025 and 2030
According to LongForecast, during 2020-2022 Ethereum coin will systematically fall and only in 2023, it will close at the level of $230, without having overcome the current resistance level of $240 dollars. These analytic algorithms… so cruel.
#5. Tom Lee and Joseph Raczynski Predictions About Ethereum
As for the accurate Ethereum (ETH) price forecast 2020, the opinions of experts vary. Tom Lee believes that Ether price trend will be a reversal and will subsequently “grow strongly.”
Meanwhile, the Ethereum price expectations by Joseph Raczynski sight (Joe Technologist founder) are different. He expects, that Ethereum (ETH) price trends and predictions in 2020 will be also positive but rise maximum to $1200. The success of the coin, in his opinion, could be achieved due to the influx of large capital and the fact of talented developers in the team.
Both experts are bearish, let’s hope they’re right in their Ethereum price projections.
#6. Ethereum (ETH) Price Prediction for 2025 and 2030 by Crypto Ground
According to CryptoGround source, in the middle of 2020 ether price will be around $229.0892. Before 2021, ETH coin is estimated to be $256.6986. In 2025, the Ethereum rate will be up to $1,445.2.
Consequently, the price of the Ethereum cryptocurrency can double by the end of 2030.
Most experts agree that in 2020 Ether’s price will increase slightly up to $500. We believe that Ethereum-based projects will strengthen the ETH position on the market and provide the basis for further growth.
What is the Ethereum price in 10 years, in 2030? It is difficult to make an accurate prediction. All experts agree on one thing: the ETH price will grow steadily over the coming years. Summing all the above, this is a good asset for the long-term investment, which could bring good profit for the people who have patience. HODL?!
If you are not holding any Ethereum coins, check out our cross-rates and choose the best option to buy Ether cryptocurrency. We provide a few options to buy or exchange your digital or fiat money for Ethereum.
Where to Buy Ethereum?
There are many platforms to buy and trade ETH cryptocurrency. You can purchase Ethereum tokens using your credit card (USD, EUR, GBP) on Changelly!
Is Ethereum Dead?
Ethereum can degrade if the developers will not improve scalability. Moreover, Ethereum has a lot of competitors such as Tron and EOS, which develops dApps.
Will Ethereum Go Up?
Ethereum price went up and down during all last year. Now we can see the ETH coin price is going up. So, HODL?
Is Ethereum a Good Investment?
Ethereum is the second-largest cryptocurrency, so the answer is yes. Ethereum cryptocurrency is constantly developing so price stability is guaranteed. By the way, the price is not as high as Bitcoin’s. It makes Ether affordable for purchase.
Is Ethereum Better Than Bitcoin?
These two cryptocurrencies have the highest market capitalization. Bitcoin was the very first real cryptocurrency, and it has been in circulation since 2009. Ether is a new development, which was born in 2015. Ethereum is certainly faster than bitcoin. Transactions in Ethereum take a few seconds, not minutes like in Bitcoin.
The Ethereum network also allows you to create other cryptocurrencies or tokens, using the same protocol as for Ether but distributing it on various blockchains that can be public or private.
Sustainable growth will ultimately depend on useful dApps. More and more companies are accepting Bitcoin as a payment method, and more and more services are using the Ethereum network.
When Was Ethereum Launched?
The Ethereum blockchain platform was launched on July 30, 2015.
Who Created Ethereum?
Ethereum platform was created in 2013 by a twenty-year-old Canadian programmer of Russian origin Vitalik Buterin in collaboration with Gavin Wood.
Is Ethereum Proof of Stake?
Initially, Ethereum used a proof-of-work algorithm. The developers have already launched Ethereum 2.0 proof of stake testnet.
Is Ethereum Decentralized?
Ethereum is a global, decentralized platform for money and new kinds of applications.
Why Ethereum Will Fail?
No one can definitely say whether the Ether project will fail or succeed. The idea is great. It has inspired a lot of projects. However, the cryptocurrency market (as any financial market) is volatile so we can’t be 100% sure about any crypto project future.
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. While price analysis is a useful tool, it should not be considered predictive for the future performance of any investment vehicle.
Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment. Website personnel and the author of this article may have holdings in the above-mentioned cryptocurrencies.