Crypto trading is the new buzz. After seeing how Bitcoin went from being worth nothing to over 27,000 dollars, many people are looking for the next crypto coin to buy for making a profit without doing much. They say all you have to do is choose the right token, buy some cryptocurrency, hold on to it for a few years and cash in for millions.
Many people are looking at Ethereum as the next big thing and are wondering “what will Ethereum be worth in 2025?, or “what could Ethereum be worth in 10 years?”. So let’s look at the Ethereum price prediction 2025.
Of course, no one can make an accurate Ethereum price forecast. After all, no one in 2009 could have predicted Bitcoin would be worth around 10,000 dollars 10 years later. So unless you own a very specially customized DeLorean, a time-turner or have complete mastery over the space-time continuum, there is no way to know for sure how high Ethereum will go. Some economists absolutely refuse to give price predictions because they’re afraid those predictions will come back to haunt them. But some experts are talking and we can have a look at what they’re saying.
What’s so good about Ethereum?
Ethereum is more than a simple altcoin. It provides a full, decentralized virtual machine that runs an operating system. The Ethereum platform, since its launch in 2015, introduced smart contracts to the crypto world. These smart contracts allow transactions to be performed and verified without needing to involve third parties. Using smart contracts, companies and individual users can program and schedule secure, efficient payments.
A lot of new companies are relying on smart contracts and they are the main reason Ether is currently the world’s number two cryptocurrency and its value isn’t expected to suffer any major drops in the near future.
How high will Ethereum go?
As stated above, no one really has the answer to this question. In the past, there have been some very big price variations. Ether was worth around 8 USD in January 2017 and reached an all-time high of about 1,450 USD just one year later. After January 2018 there have been more rises and drops. In 2019 the highest price was in June 2019 (around 310 USD) and at the time of writing ETH is valued at just under 200 USD.
So Ether’s price has varied wildly, and expert opinions vary just as wildly. For example, Bill Gates has stated that Bitcoin will eventually be worth nothing at all and others have said the same for all cryptocurrencies. On the other hand, Brian Schuster of Ark Capital LLC says the price of Ether will go as high as 100,000 USD and even replace gold as a store of value.
If we ignore the most extreme predictions –both low and high– most experts believe that Ether will eventually be worth around 3,000 to 5,000 USD, which means an increase in its value of about 2,500% from its current price.
Of course, none of these figures is an Ethereum price prediction for 2025 specifically. Some say Ether’s price will peak before 2025 and others place this peak somewhat later.
Is Ethereum a good long term investment?
Aside from the very different price predictions, most experts agree that Ether will see its price gradually climb. The increase in value will be due to Ethereum’s perceived greatest strength: its smart contract platform.
Ethereum’s ERC-20 standard has allowed creating smart contracts and many other tokens on its blockchain. As of writing this article, there are over 200,000 tokens on the Ethereum blockchain. And there are also some great dApps (decentralized applications).
There are currently over 3,000 dApps on the Ethereum blockchain. From cute kitten games, going through online casinos all the way to financial predictions. Developers are constantly creating new applications based on Ethereum smart contracts and this development is what experts see as the blockchain’s greatest asset and what guarantees Ethereum’s value will continue to increase.
So, based on the strength of its platform and how popular it is among dApp developers, it is pretty safe to say Ethereum is certainly a good investment in the long term.
So what is the Ethereum price prediction in 2025?
As was stated before, no one can be sure. Crypto prices fluctuate even more than prices for any other asset and can go from an all-time high to an all-time low in a matter of days. However, as more people get on board the cryptocurrency boat prices tend to be more stable and token prices tend to go up. Some of the more optimistic predictions place the 2025 price of Ether at around 1,400-1,500 USD. Even if the more modest predictions turn out to be correct, we can reasonably expect to see an 800-900 USD price by late 2025.
Ethereum is currently the world’s number two cryptocurrency with a market cap of over 21 billion US dollars and second only to Bitcoin. Ether’s current price is around 180 USD and most conservative predictions say it will be at least 800 and maybe even 1500 dollars by 2025. Ether looks really good for a long-term investment.
Do you currently own any Ethereum? What is your opinion on the future of Ethereum? Let us know in the comments below!
Read More: The best cryptocurrency under a penny