Ethereum (ETH) price prediction 2024

A panel of industry specialists give us their predictions on the price of Ethereum to 2030.

Delve into the latest ethereum price predictions from our panel below. You can also check out our guides to the best crypto exchanges in the UK and Ireland.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Finder analyses expert price predictions each quarter. We surveyed 32 crypto industry specialists in July 2024 on their thoughts on how ether (ETH) would perform through 2030.

All prices mentioned in this report are denominated in US dollars.

On average, our panel thinks ether (ETH) will be worth $5,368 by the end of 2024 before rising to $7,359 by year-end 2025 and then $23,549 by 2030.

Ether (ETH) price predictions for 2024, 2025 and 2030

ETH's price is expected to rise to $5,368 by year-end 2024, according to the average prediction from Finder's panellists. This prediction is a little more bearish than their $5,710 prediction in the April report.

The panellists also predict ETH will hit $7,359 by 2025 and $23,549 by 2030. Both predictions are slightly more bearish than our panelists' average predictions from our April 2024 survey, when they projected ETH to reach $7,996 by 2024 and $29,380 by 2030.

Josh Fraser, the cofounder of Origin Protocol, is one of our more bullish panel members on ETH's potential in 2024, predicting it will end the year worth $13,500 off the back of the incoming ETH exchange-traded fund (ETF).

"Ethereum ETF inflows have the potential to impact the price of ETH even more than bitcoin ETFs impacted the price of bitcoin (BTC). I anticipate ETH ETFs will be a major catalyst for both ETH and the broader industry and that ETF inflows will bring the price of ETH above $10,000 in the mid-term."

Julian Hosp, CEO Cake Group, also references the incoming ETF as the reason he's so bullish on ETH, predicting it will be worth $10,000 in 2024.

Pedro Febrero, the VP of Web3 at Realfevr, is by far the most bullish on ETH's 2024 potential, predicting it will end the year worth $20,000, in part due to its use case.

"ETH is underpriced considering 90% of all cryptos protocols and devs use the Ethereum Virtual Machine (EVM). It's the de facto world computer. Plus, the ETF will put ETH on a similar level to BTC for institutional buyers."

Shubham Munde, research team lead at Market Research Future, provided a prediction for ETH to end 2024 a touch over the panel average ($5,600). However, due to ETH's versatility, Munde says it could hit $9,000 at some point this year and has a bright future.

"Multiple use cases, large and active community, and smart contract functionality are some key factors I believe will raise the ETH prices sky high."

At the other end of the spectrum is John Hawkins, senior lecturer at the University of Canberra, who sees the price of ETH falling to $2,700.

"ETH may perform better than other crypto in the short term as more Ethereum ETFs are listed. But in the medium term, all crypto (other than stablecoins) are a speculative bubble, and their prices are highly correlated."

How high and low will ether (ETH) go in 2024?

Our panellists predict that ETH's average peak price in 2024 will be $6,050, with some predicting it will climb as high as $20,000.

The average lowest price our panelists predict ETH will hit in 2024 is $2,669, with some predicting it will fall as low as $1,500.

Close to a quarter (23%) of our panelists feel that ETH's price will rise into the $5,000 to $5,999 range at its highest before the close of 2024, while a little over a quarter (19%) believe we'll see ETH's price within the $4,000 to $4,999 range within the same time frame.

Around two-fifths of the panel (42%) think ETH's price bottom for the remainder of the year is somewhere between $2,000 and $2,500. An additional 35% say ETH's price will fall somewhere between $3,000 and $3,999 in 2024.

Morty Tollo, the CEO of Elbaite, provided an above-average max price prediction for ETH ($8,000) as "Ethereum ETF inflows have yet to start."

Daniel Polotsky, the founder and chairman of CoinFlip is also quite bullish and thinks that ETH will hit $8K, citing market conditions, high-interest rates and the upcoming ETFs as reasons for his bullish stance.

"It seems like during periods of speculation and euphoria, risk assets like ETH outperform BTC. Since we are coming out of a period of high interest rates and entering a post-halving, lower-interest-rate phase, it is possible that a speculative bubble forms. This may help Ethereum even more so than bitcoin and cause a boom in its price. Ethereum will also be bolstered by Ethereum ETFs, which will begin trading shortly. Ethereum continues to provide scaling and restaking solutions but also has competitors such as Solana nipping at its heels. While it will likely survive this cycle as the top non-BTC dog, it cannot rest on its laurels if it wants to continue its reign as the number one alternative crypto asset."

Is now the time to buy, hold or sell ether (ETH)?

The vast majority of the panel (64%) say it's time to buy, with a little under a third (29%) saying to hold and just 7% saying sell.

Nicole DeCicco, the CEO of CryptoConsultz, sees ETH as a strong buy based on its fundamentals.

"Ethereum's value is rooted in several key factors that continue to propel its price and ecosystem forward … Our positive outlook on Ethereum is underpinned by its technological advancements, growing adoption and the vibrant ecosystem it supports. We believe that Ethereum's strong fundamentals and continuous evolution will drive its value higher in the long term."

Mitesh Shah, the founder and CEO of Omnia Markets, also says that now is the time to buy ETH.

"Ethereum's current price may not fully reflect its long-term value due to its transition to a proof-of-stake model, which is expected to significantly reduce its energy consumption and increase transaction speed. Additionally, the growing adoption of DeFi applications and non-fungible tokens (NFTs) on the Ethereum network indicates increasing demand for ETH. On-chain data also reveals a decrease in ETH supply on exchanges, suggesting strong investor confidence and a potential supply shortage, which could drive prices higher by the end of the year, similarly with BTC."

Paul Levy, a senior lecturer at the University of Brighton, is in the "hold" camp and says that "while Ethereum has the potential to grow significantly, possibly reaching $5,000 to $6,000 by the end of the year, it is also experiencing short-term negative signals and market volatility."

Is ether (ETH) overpriced, underpriced or priced fairly?

The vast majority of our panelists feel that ETH is either underpriced or fairly priced.

In fact, 64% feel that ETH is currently underpriced, and 25% feel that it's priced fairly.

Only 11% feel that it's overpriced.

Martin Froehler, the CEO of Morpher, says that ETH is undervalued since "Ethereum will become the global settlement layer."

Sathvik Vishwanath, the CEO of Unocoin Technologies, says ETH's utility and ongoing development show that it is here to stay and fairly priced.

"Ethereum's price predictions are influenced by its ongoing development, including Ethereum 2.0 upgrades and its dominant position in the DeFi (decentralized finance) and NFT spaces. The current price reflects its utility and potential for growth as the backbone of decentralized applications. Market dynamics and increasing adoption by institutions and developers suggest that ETH is priced fairly and has strong long-term prospects."

Ajay Shrestha, a professor at Vancouver Island University, thinks that ETH is overpriced based on its inherent volatility:

"ETH could potentially reach new highs if it continues to be adopted for DeFi and other applications. But market volatility and external factors like regulatory changes can also influence its price."

Is ETH going to be the BTC killer?

As to whether ETH could ever become a better store of value than BTC, the panel is evenly split, with 79% sitting in either the "yes" or "no" camp and the remainder unsure.

BTC and ETH EFTs

There has been a lot of talk about combined BTC and ETH ETFs, and the vast majority (93%) think these will positively impact the price of ETH.

Digging a little deeper, over half (54%) think combined BTC/ETH ETFs will have a significantly positive impact on the price of ETH, and 39% say it will have a moderately positive impact on ETH's value.

Meet the panel


Prediction
N/A
Buy/sell/hold
Buyshopping_basket
Ethereum's price trajectory is influenced by a combination of technical advancements, market dynamics, and macroeconomic factors. While I tend to steer clear of hard and fast price predictions, Ethereum's value is rooted in several key factors that continue to propel its price and ecosystem forward. The anticipation and successful implementation of Ethereum 2.0- transition to a proof-of-stake consensus mechanism- has not only impacted its valuation but does so by improving the network's scalability and security all while reducing its energy consumption. Ethereum's role as the backbone of decentralized finance (DeFi) through an ever-growing demand for Defi applications has driven the value of ETH to unprecedented levels. This utility enhances Ethereum's intrinsic value and supports a robust demand outlook. Ethereum's active development community and its innovative contributions have led to the successful launch of new features, such as Layer 2 scaling solutions, further solidifying its position as a leading blockchain platform. The introduction of Ethereum ETFs is poised to have a significant impact on its price. These financial products provide traditional investors with easier access to Ethereum, broadening its appeal and increasing market liquidity. ETFs encourage more institutional and retail investors to gain exposure to ETH, driving demand and supporting higher price levels. Like other cryptocurrencies, it's important to consider broader market conditions. Macroeconomic factors such as inflation, regulatory developments, and global economic trends play a significant role in shaping investor sentiment and market dynamics. The ongoing global economic uncertainty, inflation, and currency devaluations, along with the shift to a more digital economy, are additional factors likely to boost Ethereum's value. At CryptoConsultz, we leverage our deep understanding of the crypto landscape to provide nuanced insights and guidance. Our positive outlook on Ethereum is underpinned by its technological advancements, growing adoption, and the vibrant ecosystem it supports. We believe that Ethereum's strong fundamentals and continuous evolution will drive its value higher in the long term.

Prediction
$6,500
Buy/sell/hold
Buyshopping_basket
Ethereum's current price may not fully reflect its long-term value due to its transition to a proof-of-stake model, which is expected to significantly reduce its energy consumption and increase transaction speed. Additionally, the growing adoption of DeFi applications and NFTs on the Ethereum network indicates increasing demand for ETH. On-chain data also reveals a decrease in ETH supply on exchanges, suggesting strong investor confidence and a potential supply shortage, which could drive prices higher by the end of the year, similarly with BTC.

Prediction
$8,000
Buy/sell/hold
Buyshopping_basket
It seems like during periods of speculation and euphoria, risk assets like ETH outperform BTC. Since we are coming out of a period of high interest rates and entering a post-halving, lower-interest-rate phase, it is possible that a speculative bubble forms. This may help Ethereum even more so than Bitcoin and cause a boom in its price. Ethereum will also be bolstered by Ethereum ETFs, which will begin trading shortly (https://www.coindesk.com/markets/2024/07/15/sec-tells-eth-etf-issuers-fund-can-start-trading-tuesday-source/). Ethereum continues to provide scalingand restaking solutions but also has competitors such as Solana nipping at its heels. While it will likely survive this cycle as the top non-BTC dog, it cannot rest on its laurels if it wants to continue its reign as the number 1 alternative crypto asset.

Prediction
$7,500
Buy/sell/hold
Buyshopping_basket
ETH ETF coming. Trump president. More SEC positive rulings. Rate cuts.

Prediction
$6,000
Buy/sell/hold
Buyshopping_basket
Ethereum will become the global settlement layer.

Prediction
$5,500
Buy/sell/hold
Holdback_hand
Ethereum's price predictions are influenced by its ongoing development, including Ethereum 2.0 upgrades and its dominant position in the DeFi and NFT spaces. The current price reflects its utility and potential for growth as the backbone of decentralized applications. Market dynamics and increasing adoption by institutions and developers suggest that ETH is priced fairly and has strong long-term prospects.

Prediction
$4,500
Buy/sell/hold
Buyshopping_basket

Prediction
$5,600
Buy/sell/hold
Buyshopping_basket
Multiple use cases, large and active community, and smart contract functionality are some of the key factors i believe will rise the ETH prices sky high.

Prediction
$4,500
Buy/sell/hold
Buyshopping_basket
We have witnessed a bull market in crypto since last year. The recent decline was just a correction on the way up. ETH got support after the price closed to the $2800 area in July as it was in April and May.

Prediction
$4,500
Buy/sell/hold
Holdback_hand

Prediction
$2,700
Buy/sell/hold
Sellsell
ETH may perform better than other crypto in the short term as more Ethereum ETFs are listed. But in the medium term, all crypto (other than stablecoins) are a speculative bubble and their prices are highly correlated.

Prediction
$5,000
Buy/sell/hold
Buyshopping_basket
Ethereum has several ongoing catalysts that could push its price even higher. We believe Ethereum is still underpriced, as its ecosystem continues to grow, even with network participants moving to Layer 2 networks instead of transacting on the mainnet. Our prediction of US$5,000 this year is primarily a result of the introduction of an Ethereum Spot ETF, which has potential to increase demand and as we anticipate institutional investors will accumulate and hold spot ETH long-term. Additionally, Ethereum's low inflation rate, and the potential for negative inflation when the network becomes congested, may also contribute to this price target.

Prediction
$4,200
Buy/sell/hold
Holdback_hand
While Ethereum has the potential to grow significantly, possibly reaching $5,000-$6,000 by the end of the year, it is also experiencing short-term negative signals and market volatility.

Prediction
$3,300
Buy/sell/hold
Holdback_hand

31 December 2024 (USD per ETH): $3,300 Current market trends and historical data indicate a moderate growth trajectory for Ethereum. The price predictions for 2024 reflect cautious optimism based on past performance and market sentiment. Technological advancements, including Ethereum 2.0 upgrades, will likely enhance its utility and adoption. Regulatory clarity and the deflationary mechanism from EIP-1559 will also support its value.

31 December 2025 (USD per ETH): $4,500 By 2025, Ethereum's broader integration into traditional financial systems and mainstream applications will likely boost its value. The continued interest of institutional investors and the growing acceptance of Ethereum ETFs will be significant drivers. Technological improvements and the deflationary aspects of Ethereum's tokenomics will reduce supply and potentially increase its value. Ethereum's role in DeFi, NFTs, and other blockchain applications will also drive demand.

31 December 2030 (USD per ETH): $16,000 Looking ahead to 2030, Ethereum could become a cornerstone of the digital economy. Its extensive use in DeFi, NFTs, and other applications will solidify its position as a leading platform. Technological advances will make Ethereum more secure and efficient, attracting a larger user base. Global economic factors, like concerns about inflation, may drive more individuals and institutions to seek Ethereum as a store of value and a hedge against economic instability.

Highest price (USD per ETH): $3,400 Ethereum could peak at $3,400 if technological advancements and market conditions are favorable. The ongoing improvements to the Ethereum network and its applications in DeFi and NFTs will support this growth. Positive market sentiment and increased adoption will be crucial.

Lowest price (USD per ETH): $2,600 Ethereum might drop to $2,600 during market corrections. Volatility in the cryptocurrency market is always a factor. Potential regulatory challenges or economic downturns could affect prices. Changes in investor confidence and market sentiment could lead to this low point.


Prediction
$10,000
Buy/sell/hold
Buyshopping_basket
ETF incoming

Prediction
$3,800
Buy/sell/hold
Holdback_hand
Too many celebrity knockoff tokens are still in the market, trying to cash in on the inexperienced. ETH is very heavily manipulated by the team behind, and when crypto market is booming, most likely when Trump takes on the presidency, there will be a new wave of meme coins, NFTs, etc back in the mix to mess with normal people.

Prediction
$5,000
Buy/sell/hold
Holdback_hand
Technical Analysis on the charts and price action based on its current performance and trend. Areas of consolidation and dollar amount on their previous breakout.

Prediction
$4,000
Buy/sell/hold
Holdback_hand
ETH as the second crypto will continue to correlate with BTC's bullish long-term trend with some periods of divergence. At the moment, Ethereum remains to be the most used blockchain for layer 2 projects

Prediction
$2,500
Buy/sell/hold
Sellsell

Prediction
$5,500
Buy/sell/hold
Buyshopping_basket
With ETF approval, many new projects are in the pipeline and existing ones are growing.

Prediction
$4,500
Buy/sell/hold
Buyshopping_basket

Prediction
$20,000
Buy/sell/hold
Buyshopping_basket
ETH is underpriced considering 90% of all cryptos protocols + devs, use the Ethereum Virtual Machine (EVM). It's the de facto world computer. Plus the ETF which will put $eth on a similar level to $btc for insitutional buyers.

Prediction
$4,000
Buy/sell/hold
Buyshopping_basket
The Ethereum Blockchain is undergoing substantial technical upgrade, which however, is not really aligned with the much needed business transformation. The business model around the 'global computer' foundation of DeFi and DApps is valid however competition is increasing. Therefore it will interesting to see how Ethereum will respond to competitive dynamics.

Prediction
$13,500
Buy/sell/hold
Buyshopping_basket
Ethereum ETF inflows have potential to impact the price of ETH even more than Bitcoin ETFs impacted the price of Bitcoin. I anticipate ETH ETFs will be a major catalyst for both ETH and the broader industry, and that ETF inflows will bring the price of ETH above $10,000 in the mid-term.

Prediction
$2,500
Buy/sell/hold
Holdback_hand
ETH could potentially reach new highs if it continues to be adopted for DeFi and other applications. But market volatility and external factors like regulatory changes can also influence its price.

Prediction
$7,000
Buy/sell/hold
Buyshopping_basket
Ethereum ETF inflows have yet to start

Prediction
$6,500
Buy/sell/hold
Buyshopping_basket
Eth ETF Shifting political winds Layer 2 adoption Apps that are about to be rolled out

Prediction
N/A
Buy/sell/hold
Buyshopping_basket
spot ETF approval hopefully coming soon, which could allow significant inflows into ETH.

Methodology

Finder surveyed 32 fintech specialists in late June to early July 2024. Panelists can answer as many or as few questions as they like, meaning the number of responses received varies by question. 26 panelists gave their price prediction for ETH by year-end 2024, 2025 and 2030. Panelists may own some cryptocurrencies, including ETH. All prices are listed in USD per ETH.

Changes to methodology: In 2021, this research was conducted using the simple mean of all answers supplied to Finder. From 2022, we switched to using the truncated mean, with the top and bottom 10% of responses removed to attain a more consistent result. Any 2021 results quoted in this analysis have also been re-calculated using the truncated mean.

Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

More guides on Finder

Go to site