• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ether Could Reach $12,000 - $22,000 by Decade's End, Experts Predict

user avatar

by Giorgi Kostiuk

2 years ago


  1. Analysts' Forecasts
  2. Growth Factors
  3. Experts' Opinions

  4. Analysts from StoneX Digital and asset manager VanEck have released forecasts on the potential increase in Ether’s (ETH) price by the end of this decade. According to their estimates, the token could reach $12,000 - $22,000.

    Analysts' Forecasts

    Matthew Sigel, VanEck’s head of digital asset research, expects the Ethereum network to generate up to $66 billion in annual free cash flow by 2030, driving spot ETH’s price as high as $22,000 per token. David Kroger, a data scientist at StoneX, sees ETH prices climbing to roughly $4,600 over the next 18 months.

    Growth Factors

    One key factor for ETH’s price growth is the upcoming technological upgrades in the Ethereum network. Kroger noted: 'The upside, though, is much higher—around $12,621—especially considering some of the upcoming technological upgrades that Ethereum is working on.' Annually, Ethereum processes approximately $4 trillion in settlement value and another $5 trillion in stablecoin transfers. 'This is far bigger than PayPal and is beginning to approach networks like Visa,' Sigel said.

    Experts' Opinions

    Sigel noted that positive ETH price action may start as soon as this year, as Ethereum recovers from a sharp dropoff in revenue after the network’s March Dencun upgrade cut transaction fees by approximately 95%. 'There wasn’t enough volume to make up for the fee decline, so investors have become less constructive about the chain,' Sigel said. Kroger also added that decreasing trust in centralized institutions drives demand for decentralized alternatives: 'This demand is more pronounced outside the US because of the damage done to the credibility of the US dollar.'

    According to analysts' forecasts, technological improvements and increasing transaction volumes could significantly boost Ether’s value in the coming years. However, investors should consider both positive and negative market scenarios.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Mining Difficulty Set to Increase

chest

The Bitcoin network is expected to see a difficulty adjustment, increasing by approximately 4.17% due to faster block times.

user avatarArif Mukhtar

Upcoming US Inflation Data Could Impact Bitcoin Prices

chest

Analysts are closely watching the upcoming core PCE figure for March, which is set for release on April 9. Should this number come in above the 3.1% increase recorded in February, analysts anticipate a further decline in expectations for policy rate cuts, which could place additional downward pressure on Bitcoin prices.

user avatarMaria Gutierrez

Ethereum Approaches Critical Price Levels Amidst Market Compression

chest

Ethereum is nearing the $2,000 level as price action compresses, indicating a potential breakout or breakdown.

user avatarDavid Robinson

Solana Price Faces Downward Pressure Amid Market Sentiment Shift

chest

The Solana price is struggling below key resistance levels as market sentiment turns bearish following Trump's address.

user avatarAndrew Smith

Dogecoin Bollinger Bands Indicate Potential Volatility

chest

A cryptocurrency analyst has pointed out that the Bollinger Bands are squeezing on Dogecoin, suggesting that volatility may be coming for the memecoin.

user avatarZainab Kamara

PEPE Memecoin Shows Signs of Trend Exhaustion

chest

PEPE Memecoin shows signs of trend exhaustion as the Tom Demark TD Sequential indicates a potential upward move after a bearish trend.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.