Ethereum Price Prediction 2024, 2025, 2030
Ethereum Price History
Ethereum launched through an ICO in 2014 for $0.311 per coin. Until January 2016, it mostly traded for less than $1. However, in January 2018, the price reached an ATH of $1,270. The price exploded again in 2021, eventually creating its current ATH, on 16 November, of $4,891.70.
After this all-time high, the crypto bear market started, which saw the Ethereum price sink to lows of $890 on 18 June 2022.
Ethereum price prediction between 2024 and 2030.
Since these lows, the Ethereum price has been trending upwards. ETH is currently up 130% from its June 2022 low of $890, and 71% this year, but still down 58% from its ATH.
The Ethereum price endured high volatility throughout 2023. One of the main causes for this was the actions of the SEC in the USA. They sued the two biggest crypto exchanges, Binance and Coinbase, in June, and have been battling with Greyscale—and lost—in court regarding the rejection of its Bitcoin ETF.
At the end of October the whole of the crypto market received a boost from the expectation that a Bitcoin ETF would be approved in the coming months. This drove the price of ETH upward, and it was buoyed above $2000 on November 9th, for the first time since July, on the news that BlackRock plans to file a Ethereum ETF.
Ethereum price history key points:
- Ethereum launched through an ICO for $0.311 in 2014.
- The coin traded under $1 for most of 2015.
- In 2018, the price exploded to $1,270 but was followed by a bear market.
- Ethereum reached its ATH of $4,891.70 in November 2021.
- ETH is currently down 58% from its ATH but up 130% from its recent bear market lows.