Ethereum (ETH) price prediction 2024

Finder analyses expert price predictions each quarter. We conducted our most recent survey in January 2024 in which our panel of 40 crypto industry specialists shared 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 US$4,887 by the end of 2024 before rising to US$7,492 by 2025 and then US$19,190 by 2030.

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

ETH's price is expected to rise to US$4,887 by year-end 2024, according to the average prediction from Finder's panellists.

The panellists also predict ETH will hit US$7,492 by 2025 and US$19,190 by 2030. Both of these predictions were more bullish than our panellists' average predictions from our October 2023 and January 2023 surveys. The highest predictions from these previous two surveys were ETH at $6,033 by 2024 and $14,411 by 2030.

• January 2024 report Price predictions
• Historical Price Predictions

"Ether's breakthrough of the $2,470 mark is a critical development, signaling a shift back to a bullish trend," says Jonathan Hababou Solomon, cofounder and co-CEO of A.R.I.A. Algorithmic Ratings & Investment Analysis.

"Given the strong correlation between bitcoin and ether, ether is likely to benefit from bitcoin's catalysts, such as the spot [bitcoin] ETF[s] and [the] halving. However, I believe ether has greater potential due to its current market price. There's a general perception that ether offers a better opportunity for higher multiple profits compared to bitcoin."

Damian Chmiel, Senior Analyst and Editor at Finance Magnates, also noted the correlation in price between BTC and ETH.

"The price of Ethereum will reflect what happens with Bitcoin," claims Chmiel. "If I believe in an all-time high by the end of 2024 around $70,000 for BTC, I also believe that ETH will reach an all-time high, testing the level of $5,000."

Pedro Febrero, VP of Web3 at RealFevr, also noted the price relationship between BTC and ETH but pointed out that, given Ethereum's capabilities versus Bitcoin's, ETH is currently undervalued compared to BTC.

"Ethereum still remains the most widely adopted 'world computer,' and its EVM the most popular development environment," shares Febrero. "At the moment, [ether is] immensely underpriced vs. bitcoin; therefore, I expect a massive swing up in ETH/BTC once the market understands its capabilities (DeFi, NFTs, gaming, gambling)."

Ruslan Lienkha, Chief of Markets at YouHodler SA, sees the price of ETH rising into 2024 but doesn't think ETH will reclaim its all-time high in 2024 or 2025.

"In the long term, the asset price will grow because Ethereum is the main ecosystem for blockchain projects," states Lienka. "However, competition with other blockchain ecosystems will intensify."

And John Hawkins, senior lecturer at the University of Canberra, is significantly more bearish than Lienkha, as he believes we'll see ETH at $2,000 by year-end 2024 and $1,500 by year-end 2025 — despite a potential ETH ETF coming to market.

"It is probably the next (and maybe only other) crypto to get the ETF treatment and hype," says Hawkins. "This could give it some support, but in the longer term, the bubble will burst."

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

The average peak price our panelists predict ETH will hit in 2024 is $5,347, with some predicting it will climb as high as $17,000.

The average lowest price our panelists predict ETH will hit in 2024 is $1,944, with some predicting it will fall as low as $1,333.

About 23% of our panelists feel that ETH's price will rise into the $4,000 to $4,999 range at its highest before the close of 2024, while another approximately 23% believe we'll see ETH's price within the $3,000 to $3,999 range within the same time frame.

About 46% of our panelists think we'll see ETH's price fall into the $2,000 to $2,199 range at its lowest in 2024. 11% don't think ETH's price will fall below $2,200 in 2024, while one of our panelists believes we will see ETH fall below $1,400 within the year.

• Highest projection
• Lowest projection

Josh Fraser, cofounder of Origin Protocol and our panelist most bullish on ETH, thinks we'll see ETH peak at $17,000 in 2024.

"A potential ETH ETF and Circle's IPO are not fully priced in for Ethereum," claims Fraser. "Ether will likely outperform bitcoin in the bull market, which has been the case historically. Compared to 2021, there's significantly more ETH locked in staking, bridges and DeFi, which reduces ether's sell pressure."

Julian Hosp, CEO at Cake Group, is also quite bullish, as he thinks we'll see ETH peak at $10,000 in 2024 since he also believes an ETH ETF is on the way.

On the flip side, Miles Paschini, CEO at FV Bank, thinks the price of ETH could fall as low as $2,000 in 2024, but it doesn't seem as though he thinks the price will stay there for long given some of ETH's value propositions.

"[ETH's] deflationary aspects combined with staking rewards will become increasingly of interest to investors seeking a dividend/growth strategy," explains Paschini.

Charlie Aikenhead, SVP of Communications at WonderFi Technologies Inc., is our one panelist who thinks ETH's price may drop into the $1,200 to $1,399 range in 2024.

"[The] ETH ETF narrative will heat up," shares Aikenhead. "Long term, I think ETH is not viable, though, as it's a very slow and unscalable blockchain."

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

Almost three-quarters of our panelists (71%) believe it's a good time to buy ETH, while just over one-quarter (26%) believe it's time to hold ETH.

Only 3% think it's time to sell the asset.

"All eyes are on ETH at the moment as it is next in the spot ETF lineup," claims Johnny Gabriele, Head of Decentralized Finance at CryptoOracle Collective, who thinks ETH is a "buy."

"Although there seems to be great competition for ETH's dominance from other 'alt L1s' the scheduled 'Dencun upgrade' will make Eth L2s as cheap as Solana. Other narratives such as onchain real-world assets, decentralized physical infrastructure, restaking and blockchain-enhanced gaming will drive demand for all programmatic blockchains, but, in my opinion, Ethereum will easily hold onto its number spot at #2."

Nicole DeCicco, CEO and founder of CryptoConsultz, also says that now is the time to buy ETH.

"Many of our clients come to us looking for the next moonshot microcap token, unaware that undervalued assets can be hiding in plain sight," begins DeCicco. "Ethereum's intrinsic qualities represent much more than just a cryptocurrency; it's a foundational technology that enables decentralized applications and smart contract deployment. Its extensive utility fuels its future growth potential, and it has proven the test of time by evolving to address scalability and energy efficiency issues."

Henry Robinson, co-founder of Decimal Digital Currency, thinks it's time to hold ETH and believes that ETH's value proposition is not the same as BTC's.

"Ethereum is not Bitcoin," explains Robinson. "It's not a financial instrument or hedge, except through its correlation with Bitcoin, although it does create access to financial instruments and hedges. Ethereum's value is entirely in its use case. We don't think adoption will be fast enough to drive ether['s price] upwards more quickly than bitcoin['s]."

Nisheta Sachdev, Managing Director at Luna Media Corporation, also says it's time to hold ETH, adding that she's "optimistic [about] Ethereum's ecosystem," adding that she's anticipating the approval of an ETH ETF.

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

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

That is, 47% feel that ETH is currently underpriced, and 45% feel that it's priced fairly.

Only 8% feel that it's overpriced.

"Ethereum has had absolutely enormous ecosystem growth, but the markets are not appreciating it yet," states Lex Sokolin, Managing Partner at Generative Ventures, who thinks ETH is underpriced.

Martin Frohler, CEO of Morpher, also believes ETH is underpriced.

"Ethereum is about to become the global settlement layer for financial transactions and real-world assets," claims Frohler.

Nick Ranga, Senior Cryptocurrency and Forex Analyst at ForexTraders.com, believes that ETH is priced fairly.

"With the SEC giving the go-ahead for the first [spot] bitcoin ETFs, attention now turns to the prospect of an Ethereum ETF," states Ranga. "It seems highly unlikely [spot] bitcoin ETFs would receive approval but not Ethereum counterparts."

Mitesh Shah, founder and CEO of Omnia Markets, Inc., also thinks ETH is priced fairly and believes that investors will shift their focus to ETH now that the spot bitcoin ETFs have been approved in the US.

"As the hype for the now-approved spot bitcoin ETFs pulls investors into the industry, I believe ETH will benefit as well as investors diversify their portfolios to include more crypto assets," explains Shah. "The interest in staking ETH has been growing, [as well]."

Dimitrios Salampasis, FinTech Capability Lead and Senior Lecturer for Emerging Technologies and FinTech at Swinburne University of Technology, is one of our few panelists who thinks ETH is overpriced right now.

"The Ethereum network is still undergoing numerous challenges despite the Merge," claims Salampasis, "resulting in users looking for alternative networks and offerings so as to avoid higher transaction fees and slower confirmation times."

Will Ethereum users leave the network to use Solana?

Two-thirds (66%) of our panelists say that crypto enthusiasts will use both Ethereum and Solana.

Almost one-fifth (18%) say Ethereum users won't leave Ethereum for Solana.

And 13% say that Ethereum users will leave the network to use Solana.

Gracy Chen, Managing Director at Bitget, believes crypto enthusiasts will use both networks.

"Whether it's Ethereum or Solana, each has its unique features and a dedicated user base," explains Chen. "Ethereum, compared to Solana, is indeed slower, and gas fees are higher. However, Ethereum boasts a higher total value locked (TVL), making projects on Ethereum more likely to attract attention and funds."

Ben Ritchie, Managing Director at Digital Capital Management Pty Ltd, also says crypto enthusiasts will use both blockchains.

"Solana is attractive for retail use due to its speed and cost-effectiveness compared to Ethereum," says Ritchie. "However, Ethereum's superior network security may make it a preferred choice for institutional investors. Therefore, we see Ethereum users stay whilst allocating some portion to Solana."

Akash Mahendra, Head of Developer Relations at Haven1, doesn't believe Ethereum users will leave the network just for faster and cheaper transactions.

"ETH users can already [make] cheaper/faster txs on [Ethereum] L2s," says Mahendra. "If they go to transact on Solana, it will be for different type opportunities, not cause txs are cheaper."

Jeremy Britton, CFO at BostonTrading.co, feels differently, though. He believes Ethereum users will leave the network for Solana and other blockchains, largely due to the cost of transactions on Ethereum.

"Loyalty only goes so far," deadpans Britton. "Some projects used to run on ETH and then either moved to a cheaper network or created their own. Nobody wants to buy a $200 NFT and pay $400 in ETH fees. Projects will move off ETH, and less demand will result in lower ETH prices until we reach equilibrium."

Will investors opt to buy native coins for Ethereum Layer 2 networks instead of ETH?

Almost half of our panelists (47%) think investors will buy both ETH and the native coins for Ethereum Layer 2 (L2) networks.

Just over one-third (34%) feel that more investors will opt to be Ethereum L2 coins over ETH.

"It is very possible that Ethereum Layer 2 networks steal some of Ethereum's lunch, but this is nothing new," explains Daniel Polotsky, founder and chairman of CoinFlip. "Investors are always looking for the next big thing, and it's easier for a minnow to multiply than an elephant. However, with lower market caps come higher risks; smaller projects and Ethereum Layer 2 networks carry significantly more risk than investing in the Ethereum network."

Futurist Joseph Raczynski also thinks investors will opt to buy native coins for Ethereum L2s but warns investors that "picking the right one is tough" in reference to the many native coins for Ethereum L2s on the market.

Sastanaqqam manager Samy Ben Bahmed thinks investors will invest in both ETH and native assets for Ethereum L2s.

"Investing in tokens from Layer 2 solutions can be a strategic move for diversification within the blockchain and crypto space," says Ben Bahmed, "especially for those looking to spread their investments across different aspects of the Ethereum ecosystem."

Alexander Kuptsikevich, Senior Market Analyst at FxPro, thinks investors will stick with ETH over native coins for Ethereum L2s — at least for now.

"In the coming months, investors' attention will remain on the largest and oldest coins," states Kuptsikevich. "The outperformance of younger projects is expected closer to the end of the year or only in 2025."

Meet the panel

Methodology

Finder surveyed 40 fintech specialists in January 2024. Panelists are able to answer as many or as few questions as they like, meaning the number of responses received varies by question. 38 panelists gave their price prediction for ETH by year-end 2024, 2025 and 2030. Panellists 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 in order to attain a more consistent result. Any 2021 results quoted in this analysis have also been re-calculated using the truncated mean.

• Ethereum (ETH) price prediction 2023

  Finder analyses expert price predictions each quarter. We conducted our most recent survey in October 2023 in which our panel of 31 crypto industry specialists shared 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 US$1,840 by 2023 before rising to US$5,824 by 2025 and then US$14,411 by 2030.

  Ether (ETH) price predictions for 2023, 2025 and 2030

  ETH's price is expected to rise to US$1,840 by year-end 2023, according to the average prediction from Finder's panellists.

  This price prediction was down significantly from US$2,451, the average prediction for Ether's price by year-end 2023 from our July 2023 survey.

  The panellists also predict ETH will hit US$5,824 by 2025 and US$14,411 by 2030. Both of these predictions are lower than our panellists' average predictions in our July 2023 survey, which were US$5,845 by 2025 and US$16,414 by 2030.

  • July 2023 report Price predictions
  • Historical Price Predictions

  "ETH has a huge growth potential," Ruslan Lienkha, chief of markets at YouHodler, says. "Growth is [currently] limited by high rates in TradFi. In [the] case of reaching a soft landing by US authorities, ETH['s] price will increase dramatically, but not until the middle of next year."

  Ben Ritchie, managing director at Digital Capital Management Pty Ltd, is also bullish on ETH and the Ethereum ecosystem on a longer time horizon, but feels we could see a lower price for ETH in the short term.

  "The growing interest in Ethereum staking and [ETH's] exceptionally low inflation rate suggest the possibility of a short squeeze in the future, hinting at promising upside within the Ethereum ecosystem" Ritchie says. "[However,] we've adjusted our short-term Ethereum price forecast downward mainly because of potential economic challenges that could lead to a more cautious approach in the overall markets."

  Ryan Grace, head of tastycrypto, has a forecast similar to Ritchie's.

  "Like BTC, Ethereum and broadly crypto as an asset class face macro headwinds that likely limit upside price action in the near-term," Grace says. "With short-term rates at +5%, there's less incentive for capital flows into crypto."

  Pav Hundal, lead market analyst at Swyftx, argues that ETH's price is currently low because it's simply following a pattern we've seen before.

  "Historically, as we approach a Bitcoin halving, Ethereum tends to revisit its price valuations from earlier that year," Hundal says. "This trend aligns with the repeated observation that Bitcoin's dominance (proportion of the total [crypto] market capitalisation) swells as we near the halving event. We can anticipate that there will be a potential shift from altcoins [like ETH] back into Bitcoin in the lead-up to the halving."

  How high and low will ETH go in 2023?

  The average peak price our panellists predict ETH will hit by year-end 2023 is US$1,932, with some predicting it will climb as high as US$2,800.

  The average lowest price our panellists predict ETH will hit by year-end 2023 is US$1,352, with some predicting it will fall as low as US$885.

  45% of our panellists feel that ETH's price will rise into the $1,751–$2,000 range before the close of 2023, while 69% think the lowest ETH's price will dip is into the $1,251–$1,500 range.

  • Highest projection
  • Lowest projection

  "While Ethereum (ETH) is still likely to follow where Bitcoin (BTC) leads in terms of overall price trends, its intrinsic value and utility set it apart," Nick Ranga, senior cryptocurrency and forex analyst at ForexTraders.com, says. He thinks we'll see ETH at $2,250 before the year is out. "Due to the wealth of use cases for the Ethereum network and the Ether cryptocurrency, it's future is assured."

  Damian Chmiel, senior analyst and editor at Finance Magnates, thinks we could see ETH's price as high as $2,000 before the year is out but also as low as $1,000.

  "I wouldn't expect any significant movements in Ethereum for the rest of this year," Chmiel says. "I anticipate it will consolidate between $2,000 and $1,000."

  Desmond Marshall, MD at Rouge International and Rouge Ventures, believes we could see ETH at $1,200 before the year is out, as he thinks regulatory uncertainty around the asset as well as macroeconomic factors may be holding its price down.

  "The new ETH futures-linked ETFs were a major disappointment to the ETH supporters," Marshall says. "As the regulatory confusion lurks, general retail investors and institutions are weary of jumping on the bandwagon too soon, esp[ecially] with a dwindling job market, employment stats, and a dipping stock market."

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

  Almost half of our panellists (48%) believe it's a good time to hold ETH, while just over two-fifths of them (41%) believe it's time to buy ETH.

  Only 10% think it's time to sell ETH.

  "Ethereum has great intrinsic value," Natalja Zaharova, head of operations at FXOpen LP Ltd, says. "Its network keeps becoming bigger."

  Paul Levy, senior lecturer at the University of Brighton, is also bullish on ETH and believes that now is the time to hold the asset.

  "Ethereum is still much talked about, mostly for good reasons," Levy says. "[It's] rooted in iterative innovation, often releasing new features and enhancements that are grounded in decent testing regimes."

  Jeremy Britton, CFO of BostonTrading.co, also believes ETH is a hold, but he's somewhat bearish on ETH for technical reasons.

  "Changing from POW to POS has made ETH less decentralised and less 'crypto'," Britton says. "Some of ETH's competitors may cut ETH's market share as people want lower fees and more decentral."

  Alexander Kuptsikevich, senior market analyst at FXPro, thinks it's time to sell ETH based on his technical analysis.

  "Ethereum has tried to stay afloat above 50- and 200-week MAs," Kuptsikevich says. "It went below them, and this move may continue in the following weeks."

  Is ETH overpriced, underpriced or priced fairly?

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

  That is, 43% feel that ETH is currently underpriced and 40% feel that it's priced fairly.

  Only 17% feel that it's overpriced.

  "Ethereum will become the global settlement layer," Martin Froehler, CEO at Morpher, says. "Ether is the first yield-bearing deflationary asset."

  Tristan Thoma, director of government and payments at AlphaPoint, believes that ETH is priced fairly, pointing out that ETH's price will likely continue to increase as crypto becomes more widely adopted.

  "The price is still likely to increase over time as [the] crypto user base grows globally with more confident compliance structures," Thoma says. "[This should] result in [an] organic price increase."

  John Hawkins, senior lecturer at the University of Canberra, thinks ETH is overpriced, despite the uses of the Ethereum network.

  "Ethereum has more uses, [than] Bitcoin," Hawkins says. "[However,] the crypto mania is dying down; Google Trends show interest declining since 2021."

  How will the Ethereum community respond to the "over staking" of ETH?

  41% of our panellists believe that the Ethereum community will not provide a significant response to the "over staking" of ETH.

  Just over a quarter of our panellists (26%) think the Ethereum community will propose curbing the influence of liquid staking protocols like Lido, while 22% believe the Ethereum community will respond by suggesting a cap of ETH deposits on the beacon chain.

  The following is commentary from some of our panellists who voted "Other" in response to the question in the chart above.

  Matiu Rudolph, COO at Layer One X, points out that an Ethereum Improvement Protocol – EIP 7514 – "has been proposed as a short term solution to slow down growth of the active validator set."

  Josh Fraser, co-founder of Origin Protocol, says "the Ethereum community will come up with solutions to over staking, such as Origin Ether (OETH). Instead of just earning yield from staking rewards, users can find ways to optimise yield in innovative ways, such as optimizing yield through DeFi and liquid staking."

  Ben Ritchie, managing director of Digital Capital Management Pty Ltd, says "In our perspective, we strongly advocate for the Ethereum community to prioritise thorough due diligence when selecting staking platforms, particularly those aligned with the principles of decentralisation, such as Rocketpool and similar projects aiming to promote network decentralisation."

  When will the tokenisation of real-world assets hit the mainstream?

  41% of our panellists think the tokenisation of real-world assets will go mainstream by 2030, while 31% believe we will see this by 2025.

  Only 10% of our panellists think it will go mainstream by 2024 and 7% believe it will never go mainstream.

  Josh Fraser believes we'll see the tokenisation of real-world assets go mainstream by 2030.

  "It's not unlikely that total value locked in NFTs will surpass that of DeFi," Fraser says, "as NFT value will include real estate, IP, luxury goods, and beyond."

  Will the market cap of ETH flip that of BTC?

  43% of our panellists don't see ETH's market capitalisation ever flipping BTC's.

  23% think it will happen but not until 2030, while 20% are unsure.

  Ruadhan O, creator of Seasonal Tokens, believes that Ethereum has more utility than Bitcoin, but that ETH won't flip BTC because ETH will be competing with the native coins of other smart contract platforms.

  "Ethereum remains expensive to use [and] it will lose market share to cheaper alternatives," O says. "Bitcoin isn't useful. Nobody needs a Bitcoin. There's no demand for Bitcoin's utility at a lower price, because there's no utility. This is why Bitcoin isn't losing market share to other proof-of-work coins."

  Josh Fraser feels differently and believes this will happen by 2030 or later.

  "It's likely ETH will eventually flip Bitcoin in terms of market capitalization," Fraser says.

  Meet the panel

  Methodology

  Finder surveyed 31 fintech specialists in October 2023. Panellists are able to answer as many or as few questions as they like, meaning the number of responses received varies by question. 29 panellists gave their price prediction for ETH by year-end 2023, 2025 and 2030. Panellists 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 in order to attain a more consistent result. Any 2021 results quoted in this analysis have also been re-calculated using the truncated mean.