Ethereum
(ETH), the second-largest cryptocurrency by market capitalization, has been on
a remarkable upward trajectory, captivating investors and analysts alike. As of
Thursday, December 5, 2024, Ethereum’s price has surged to $3,861, testing an
intraday high of $3,908 – levels not seen since May of this year.
This
article delves into the factors driving Ethereum’s impressive rally, explores
its market position, and examines future prospects for this blockchain giant. I
also present some bold Ethereum price predictions for 2024, 2025 and 2030.
Ethereum’s
price has skyrocketed by an astonishing 66% over the past month, outpacing many
of its cryptocurrency peers. This surge has pushed ETH’s market capitalization
to a staggering $451 billion, solidifying its position as the second-largest
cryptocurrency in the world.
While still
over five times smaller than Bitcoin’s market cap, Ethereum’s valuation dwarfs
that of the third-ranked cryptocurrency, Tether, by a factor of three.
However,
why is Ethereum’s price up today? In addition to the mix of factors I describe
below, one reason could be a significant purchase of Ether by BlackRock, one of
the largest investment firms in the world.
🚨BREAKING: BlackRock just bought $230.39 MILLION worth of #Ethereum
They know what’s coming next… pic.twitter.com/ie3875FDOP
— Armando Pantoja (@_TallGuyTycoon) December 4, 2024
Key Metrics Driving
Ethereum’s Bull Run
Trading
Volume: In the last
24 hours, Ethereum has seen transactions worth $64 billion, indicating robust
market activity.
Ethereum is the second largest cryptocurrency by market cap. Source: CoinMarketCap
Futures
Open Interest: ETH
futures open interest on cryptocurrency exchanges has reached an all-time high
of nearly $26 billion, with Binance leading the charge, handling over $8
billion.
ETH Futures OI reached new ATH. Source: CoinGlass
Price
Levels: Ethereum
rose by 6.3% on Wednesday, reaching almost $3,900, and continued to climb on
Thursday, testing $3,861 with an intraday high of $3,908.
Ethereum tests $3,900 on the daily chart, the highest levels since May. Source: TradingView
Market Analysis: Why
Ethereum is Surging in 2024
Several
factors contribute to Ethereum’s current price surge:
Institutional
Adoption: The
record-breaking futures open interest signals growing institutional involvement
in the Ethereum market.BlackRock
ETH Purchase:
BlackRock, one of the biggest investment companies in the world just purchased over
$250 million worth of EthereumDeFi
Dominance: Ethereum
continues to be the backbone of the decentralized finance (DeFi) ecosystem,
with over $70 billion in total value locked.NFT
Market Recovery:
The non-fungible token (NFT) market, primarily built on Ethereum, has shown
signs of recovery, driving demand for ETH.Technical
Breakthroughs:
Ethereum has broken through key resistance levels, including the 50-day and
200-day moving averages.Macro
Economic Factors:
Anticipation surrounding the effects of the US presidential election and
potential changes in monetary policy have influenced crypto markets.Gary Gensler Is Out: Investors are optimistic about a potentially more crypto-friendly SEC Chair after Gensler’s exit on January 20, 2025.Bitcoin New
ATH: Ethereum has
been rising strongly alongside Bitcoin, which
has finally managed to surpass the psychological barrier of $100,000.
Ethereum Technical
Analysis: RSI and Price Movements
From my
technical analysis of Ethereum’s chart, the recent upward movements have broken
through two important descending trendlines: one drawn from this year’s local
peaks and a longer-term one extending from the historical highs of over $5,000
more than three years ago.
While these
are very optimistic signals, ETH/USD is currently facing resistance under a
broad zone defined by the May highs around $3,900 and the March levels between
$4,000 and $4,100. This range is packed with sell orders, which could exert
selling pressure on Ethereum’s price chart.
On the
other hand, Ethereum can count on a broad support zone, marked in green. The
lower boundary of this zone is further reinforced by the 61.8% Fibonacci
retracement level from the long-term downtrend of 2021–2022.
Ethereum price prediction: technical analysis of ETH/USD. Source: TradingView
Additionally,
the Relative Strength Index (RSI) for Ethereum remains consistently high,
reflecting strong buying momentum. Currently, the RSI stands at 75, which
indicates overbought conditions but also highlights the strength of the ongoing
trend. This dynamic will be critical in shaping the short-term price action for
Ethereum.
Ethereum Long-Term Price
Predictions: Ethereum Price in 2025 and 2030
Analysts
and market experts have weighed in on Ethereum
Ethereum
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Read this Term’s potential future value.
Some of the
more optimistic forecasts come from the analyst venturefounder on X (formerly
Twitter). According to him, “Ethereum about to break out of the 3 years of
triangle consolidation, and ETH could break out of the range where it has been
for the past 7 yrs.” His target price is nearly $16,000.
#Ethereum about to break out of the 3 years of triangle consolidation, and $ETH could break out of the range where it has been for past 7 yrs.
Ethereum to repeat this impulsive breakout it did between 2016-2017 to shoot to new ATH very quickly
Price Target: $15,937 by May 2025 pic.twitter.com/YpOeWmM03T
— venturefounder (@venturefounder) December 4, 2024
2025
Projections
Conservative
estimate: $5,000 –
$7,000Optimistic
forecast: $10,000 –
$15,000
Another
pseudonymous analyst, Elja, claims, “ETH breakout will be legendary,” stating
that the cryptocurrency is set to reach five-digit values during this cycle.
$ETH breakout will be legendary
$10,000 #Ethereum is programmed this cycle! pic.twitter.com/IFIHdx0Gt0
— Elja (@Eljaboom) December 3, 2024
2030 Outlook
Standard
projections:
$15,000 – $20,000Bullish
forecasts: $32,000
The most
bullish prediction comes from Ethprofit.eth, who asserts that the bull run “has
not even started yet,” projecting Ethereum to ultimately rise to $32,000.
The #Ethereum bull run has not even started yet, $32k $ETH is coming! 🚀 pic.twitter.com/nzQQvLSqaW
— Ethprofit.eth 🦇🔊 (@Ethprofit) December 5, 2024
These
predictions are based on factors such as increased adoption, network upgrades,
and overall crypto market growth.
Factors Influencing
Ethereum’s Future Growth
Ethereum
2.0 Upgrades:
Ongoing improvements to scalability and efficiencyInstitutional
Adoption:
Increasing interest from traditional finance and potential ETH ETFsDeFi and
dApp Ecosystem:
Continued expansion of decentralized applicationsRegulatory
Environment:
Evolving global cryptocurrency regulationsMacroeconomic
Trends: Inflation,
interest rates, and global economic conditions
The Role of Vitalik
Buterin and Ethereum’s Development Team
Vitalik
Buterin, Ethereum’s co-founder, continues to play a crucial role in shaping the
network’s future. His vision for Ethereum includes:
Improving
scalability through layer-2 solutions and sharding
Sharding
Sharding is defined as a method of splitting and storing a single dataset in multiple databases. This is performed done for a variety of reasons. By distributing the data across multiple machines, a cluster of database systems can store a larger dataset while handling additional requests. Should space constraints exist, sharding acts as a necessary and logical solution for overly sized databases.Sharding Within the Crypto SpaceWithin the cryptocurrency world, sharding is used to make transaction
Sharding is defined as a method of splitting and storing a single dataset in multiple databases. This is performed done for a variety of reasons. By distributing the data across multiple machines, a cluster of database systems can store a larger dataset while handling additional requests. Should space constraints exist, sharding acts as a necessary and logical solution for overly sized databases.Sharding Within the Crypto SpaceWithin the cryptocurrency world, sharding is used to make transaction
Read this TermEnhancing
privacy featuresPromoting
sustainable and equitable blockchain governance
The
Ethereum Foundation and its global community of developers are actively working
on these goals, contributing to the network’s long-term value proposition.
Ethereum vs. Competitors:
A Market Comparison
While
Ethereum leads the smart contract platform space, competitors like Solana have
gained traction. Here’s how Ethereum stacks up against its rivals:
Ethereum vs. Solana
Market
Cap: Ethereum
($451B) vs. Solana ($111B)Transaction
Speed: Ethereum
(15-30 TPS) vs. Solana (65,000 TPS)Developer
Activity: Ethereum
leads in total developers, but Solana is growing rapidly
Ethereum’s Position Among
Altcoins
Ethereum
maintains its dominance among altcoins, with its market cap exceeding the
combined value of the next five largest cryptocurrencies (excluding Bitcoin).
Ethereum Overview: From
2015 Launch to 2024 Powerhouse
Launched in
2015 by Vitalik Buterin and a team of co-founders, Ethereum has evolved from a
ambitious project to a cornerstone of the cryptocurrency ecosystem. As a
decentralized platform, Ethereum introduced the concept of smart contracts,
revolutionizing the potential applications of blockchain technology.
Ethereum’s Journey:
Proof-of-Work to Proof-of-Stake
One of the
most significant developments in Ethereum’s history was its transition from a
proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS) in September
2022. This shift, known as “The Merge,” dramatically reduced
Ethereum’s energy consumption and laid the groundwork for future scalability
improvements.
Investment Considerations:
Should You Buy Ethereum?
While
Ethereum’s recent performance has been impressive, potential investors should
consider several factors:
Volatility: Cryptocurrency markets are known
for their high volatilityRegulatory
Risks: Changing
regulations could impact Ethereum’s adoption and use casesTechnological
Risks: Competing
blockchains and potential security vulnerabilitiesMarket
Cycles:
Understanding the broader crypto market trends and cycles
Investors
are advised to conduct thorough research and consider their risk tolerance
before making any investment decisions.
Ethereum’s Bullish Outlook
Amidst Market Dynamics
Ethereum’s
surge to nearly $3,900 in 2024 reflects growing confidence in its technology,
ecosystem, and future potential. With its dominant position in DeFi, NFTs, and
smart contract capabilities, Ethereum is well-positioned for future growth.
However, investors should remain aware of the inherent risks and volatility in
the cryptocurrency market.
As Ethereum
continues to evolve and adapt, its price movements will likely be influenced by
technological advancements, regulatory developments, and broader economic
factors. The effect of US presidential election, global monetary policies, and
the potential approval of Ethereum ETFs could all play significant roles in
shaping ETH’s price trajectory in the coming years.
For those
considering investing in Ethereum, it’s crucial to stay informed about market
trends, technical developments, and regulatory changes. As always in the crypto
space, due diligence and risk management are paramount.
Ethereum Price Prediction, FAQ Section
Why are Ethereum prices
going up?
Ethereum’s
price surge can be attributed to several factors: increased institutional
adoption (e.g., BlackRock’s $230 million ETH purchase), record-breaking futures
open interest, a recovery in the NFT market, Ethereum’s dominance in DeFi with
$70 billion in total value locked, and favorable macroeconomic trends like
Bitcoin hitting new highs. Additionally, Ethereum’s technical breakthroughs,
including surpassing key resistance levels, have driven strong buying momentum.
How much will 1 Ethereum
be worth in 2030?
Ethereum
price predictions for 2030 vary significantly based on market conditions and
adoption rates. Conservative estimates suggest prices between $15,000 and
$20,000, while bullish forecasts project values as high as $32,000, supported
by network upgrades, increased scalability, and broader adoption across
decentralized applications.
How high will Ethereum go
in 2024?
Analysts
provide a wide range of Ethereum price predictions for 2024. Conservative
projections place ETH around $5,000 to $7,000, while optimistic forecasts
predict levels up to $15,000. The surge depends on factors such as the broader
crypto market, institutional interest, and regulatory developments.
Where will Ethereum be in
5 years?
In five
years, Ethereum is expected to solidify its dominance in blockchain technology
and decentralized applications. Price estimates for 2029 suggest ETH could
range from $10,000 to $20,000, with potential for higher growth depending on
global adoption, regulatory clarity, and the expansion of the DeFi and NFT
ecosystems.
Ethereum
(ETH), the second-largest cryptocurrency by market capitalization, has been on
a remarkable upward trajectory, captivating investors and analysts alike. As of
Thursday, December 5, 2024, Ethereum’s price has surged to $3,861, testing an
intraday high of $3,908 – levels not seen since May of this year.
This
article delves into the factors driving Ethereum’s impressive rally, explores
its market position, and examines future prospects for this blockchain giant. I
also present some bold Ethereum price predictions for 2024, 2025 and 2030.
Ethereum’s
price has skyrocketed by an astonishing 66% over the past month, outpacing many
of its cryptocurrency peers. This surge has pushed ETH’s market capitalization
to a staggering $451 billion, solidifying its position as the second-largest
cryptocurrency in the world.
While still
over five times smaller than Bitcoin’s market cap, Ethereum’s valuation dwarfs
that of the third-ranked cryptocurrency, Tether, by a factor of three.
However,
why is Ethereum’s price up today? In addition to the mix of factors I describe
below, one reason could be a significant purchase of Ether by BlackRock, one of
the largest investment firms in the world.
🚨BREAKING: BlackRock just bought $230.39 MILLION worth of #Ethereum
They know what’s coming next… pic.twitter.com/ie3875FDOP
— Armando Pantoja (@_TallGuyTycoon) December 4, 2024
Key Metrics Driving
Ethereum’s Bull Run
Trading
Volume: In the last
24 hours, Ethereum has seen transactions worth $64 billion, indicating robust
market activity.
Ethereum is the second largest cryptocurrency by market cap. Source: CoinMarketCap
Futures
Open Interest: ETH
futures open interest on cryptocurrency exchanges has reached an all-time high
of nearly $26 billion, with Binance leading the charge, handling over $8
billion.
ETH Futures OI reached new ATH. Source: CoinGlass
Price
Levels: Ethereum
rose by 6.3% on Wednesday, reaching almost $3,900, and continued to climb on
Thursday, testing $3,861 with an intraday high of $3,908.
Ethereum tests $3,900 on the daily chart, the highest levels since May. Source: TradingView
Market Analysis: Why
Ethereum is Surging in 2024
Several
factors contribute to Ethereum’s current price surge:
Institutional
Adoption: The
record-breaking futures open interest signals growing institutional involvement
in the Ethereum market.BlackRock
ETH Purchase:
BlackRock, one of the biggest investment companies in the world just purchased over
$250 million worth of EthereumDeFi
Dominance: Ethereum
continues to be the backbone of the decentralized finance (DeFi) ecosystem,
with over $70 billion in total value locked.NFT
Market Recovery:
The non-fungible token (NFT) market, primarily built on Ethereum, has shown
signs of recovery, driving demand for ETH.Technical
Breakthroughs:
Ethereum has broken through key resistance levels, including the 50-day and
200-day moving averages.Macro
Economic Factors:
Anticipation surrounding the effects of the US presidential election and
potential changes in monetary policy have influenced crypto markets.Gary Gensler Is Out: Investors are optimistic about a potentially more crypto-friendly SEC Chair after Gensler’s exit on January 20, 2025.Bitcoin New
ATH: Ethereum has
been rising strongly alongside Bitcoin, which
has finally managed to surpass the psychological barrier of $100,000.
Ethereum Technical
Analysis: RSI and Price Movements
From my
technical analysis of Ethereum’s chart, the recent upward movements have broken
through two important descending trendlines: one drawn from this year’s local
peaks and a longer-term one extending from the historical highs of over $5,000
more than three years ago.
While these
are very optimistic signals, ETH/USD is currently facing resistance under a
broad zone defined by the May highs around $3,900 and the March levels between
$4,000 and $4,100. This range is packed with sell orders, which could exert
selling pressure on Ethereum’s price chart.
On the
other hand, Ethereum can count on a broad support zone, marked in green. The
lower boundary of this zone is further reinforced by the 61.8% Fibonacci
retracement level from the long-term downtrend of 2021–2022.
Ethereum price prediction: technical analysis of ETH/USD. Source: TradingView
Additionally,
the Relative Strength Index (RSI) for Ethereum remains consistently high,
reflecting strong buying momentum. Currently, the RSI stands at 75, which
indicates overbought conditions but also highlights the strength of the ongoing
trend. This dynamic will be critical in shaping the short-term price action for
Ethereum.
Ethereum Long-Term Price
Predictions: Ethereum Price in 2025 and 2030
Analysts
and market experts have weighed in on Ethereum
Ethereum
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Read this Term’s potential future value.
Some of the
more optimistic forecasts come from the analyst venturefounder on X (formerly
Twitter). According to him, “Ethereum about to break out of the 3 years of
triangle consolidation, and ETH could break out of the range where it has been
for the past 7 yrs.” His target price is nearly $16,000.
#Ethereum about to break out of the 3 years of triangle consolidation, and $ETH could break out of the range where it has been for past 7 yrs.
Ethereum to repeat this impulsive breakout it did between 2016-2017 to shoot to new ATH very quickly
Price Target: $15,937 by May 2025 pic.twitter.com/YpOeWmM03T
— venturefounder (@venturefounder) December 4, 2024
2025
Projections
Conservative
estimate: $5,000 –
$7,000Optimistic
forecast: $10,000 –
$15,000
Another
pseudonymous analyst, Elja, claims, “ETH breakout will be legendary,” stating
that the cryptocurrency is set to reach five-digit values during this cycle.
$ETH breakout will be legendary
$10,000 #Ethereum is programmed this cycle! pic.twitter.com/IFIHdx0Gt0
— Elja (@Eljaboom) December 3, 2024
2030 Outlook
Standard
projections:
$15,000 – $20,000Bullish
forecasts: $32,000
The most
bullish prediction comes from Ethprofit.eth, who asserts that the bull run “has
not even started yet,” projecting Ethereum to ultimately rise to $32,000.
The #Ethereum bull run has not even started yet, $32k $ETH is coming! 🚀 pic.twitter.com/nzQQvLSqaW
— Ethprofit.eth 🦇🔊 (@Ethprofit) December 5, 2024
These
predictions are based on factors such as increased adoption, network upgrades,
and overall crypto market growth.
Factors Influencing
Ethereum’s Future Growth
Ethereum
2.0 Upgrades:
Ongoing improvements to scalability and efficiencyInstitutional
Adoption:
Increasing interest from traditional finance and potential ETH ETFsDeFi and
dApp Ecosystem:
Continued expansion of decentralized applicationsRegulatory
Environment:
Evolving global cryptocurrency regulationsMacroeconomic
Trends: Inflation,
interest rates, and global economic conditions
The Role of Vitalik
Buterin and Ethereum’s Development Team
Vitalik
Buterin, Ethereum’s co-founder, continues to play a crucial role in shaping the
network’s future. His vision for Ethereum includes:
Improving
scalability through layer-2 solutions and sharding
Sharding
Sharding is defined as a method of splitting and storing a single dataset in multiple databases. This is performed done for a variety of reasons. By distributing the data across multiple machines, a cluster of database systems can store a larger dataset while handling additional requests. Should space constraints exist, sharding acts as a necessary and logical solution for overly sized databases.Sharding Within the Crypto SpaceWithin the cryptocurrency world, sharding is used to make transaction
Sharding is defined as a method of splitting and storing a single dataset in multiple databases. This is performed done for a variety of reasons. By distributing the data across multiple machines, a cluster of database systems can store a larger dataset while handling additional requests. Should space constraints exist, sharding acts as a necessary and logical solution for overly sized databases.Sharding Within the Crypto SpaceWithin the cryptocurrency world, sharding is used to make transaction
Read this TermEnhancing
privacy featuresPromoting
sustainable and equitable blockchain governance
The
Ethereum Foundation and its global community of developers are actively working
on these goals, contributing to the network’s long-term value proposition.
Ethereum vs. Competitors:
A Market Comparison
While
Ethereum leads the smart contract platform space, competitors like Solana have
gained traction. Here’s how Ethereum stacks up against its rivals:
Ethereum vs. Solana
Market
Cap: Ethereum
($451B) vs. Solana ($111B)Transaction
Speed: Ethereum
(15-30 TPS) vs. Solana (65,000 TPS)Developer
Activity: Ethereum
leads in total developers, but Solana is growing rapidly
Ethereum’s Position Among
Altcoins
Ethereum
maintains its dominance among altcoins, with its market cap exceeding the
combined value of the next five largest cryptocurrencies (excluding Bitcoin).
Ethereum Overview: From
2015 Launch to 2024 Powerhouse
Launched in
2015 by Vitalik Buterin and a team of co-founders, Ethereum has evolved from a
ambitious project to a cornerstone of the cryptocurrency ecosystem. As a
decentralized platform, Ethereum introduced the concept of smart contracts,
revolutionizing the potential applications of blockchain technology.
Ethereum’s Journey:
Proof-of-Work to Proof-of-Stake
One of the
most significant developments in Ethereum’s history was its transition from a
proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS) in September
2022. This shift, known as “The Merge,” dramatically reduced
Ethereum’s energy consumption and laid the groundwork for future scalability
improvements.
Investment Considerations:
Should You Buy Ethereum?
While
Ethereum’s recent performance has been impressive, potential investors should
consider several factors:
Volatility: Cryptocurrency markets are known
for their high volatilityRegulatory
Risks: Changing
regulations could impact Ethereum’s adoption and use casesTechnological
Risks: Competing
blockchains and potential security vulnerabilitiesMarket
Cycles:
Understanding the broader crypto market trends and cycles
Investors
are advised to conduct thorough research and consider their risk tolerance
before making any investment decisions.
Ethereum’s Bullish Outlook
Amidst Market Dynamics
Ethereum’s
surge to nearly $3,900 in 2024 reflects growing confidence in its technology,
ecosystem, and future potential. With its dominant position in DeFi, NFTs, and
smart contract capabilities, Ethereum is well-positioned for future growth.
However, investors should remain aware of the inherent risks and volatility in
the cryptocurrency market.
As Ethereum
continues to evolve and adapt, its price movements will likely be influenced by
technological advancements, regulatory developments, and broader economic
factors. The effect of US presidential election, global monetary policies, and
the potential approval of Ethereum ETFs could all play significant roles in
shaping ETH’s price trajectory in the coming years.
For those
considering investing in Ethereum, it’s crucial to stay informed about market
trends, technical developments, and regulatory changes. As always in the crypto
space, due diligence and risk management are paramount.
Ethereum Price Prediction, FAQ Section
Why are Ethereum prices
going up?
Ethereum’s
price surge can be attributed to several factors: increased institutional
adoption (e.g., BlackRock’s $230 million ETH purchase), record-breaking futures
open interest, a recovery in the NFT market, Ethereum’s dominance in DeFi with
$70 billion in total value locked, and favorable macroeconomic trends like
Bitcoin hitting new highs. Additionally, Ethereum’s technical breakthroughs,
including surpassing key resistance levels, have driven strong buying momentum.
How much will 1 Ethereum
be worth in 2030?
Ethereum
price predictions for 2030 vary significantly based on market conditions and
adoption rates. Conservative estimates suggest prices between $15,000 and
$20,000, while bullish forecasts project values as high as $32,000, supported
by network upgrades, increased scalability, and broader adoption across
decentralized applications.
How high will Ethereum go
in 2024?
Analysts
provide a wide range of Ethereum price predictions for 2024. Conservative
projections place ETH around $5,000 to $7,000, while optimistic forecasts
predict levels up to $15,000. The surge depends on factors such as the broader
crypto market, institutional interest, and regulatory developments.
Where will Ethereum be in
5 years?
In five
years, Ethereum is expected to solidify its dominance in blockchain technology
and decentralized applications. Price estimates for 2029 suggest ETH could
range from $10,000 to $20,000, with potential for higher growth depending on
global adoption, regulatory clarity, and the expansion of the DeFi and NFT
ecosystems.
