The incredible rise of NFTs and DeFi spurred waves of investment into Ethereum, leading some in the industry to believe that Ethereum can flip Bitcoin by the end of 2022.
The token native to the Ethereum blockchain ,Ether (ETH), currently trades around $230, and the market capitalization of all ether around $25 billion, making it the second most valuable blockchain behind Bitcoin (which represents approximately $185 billion of value).
Both currencies remain must-own tokens for new crypto investors, but the more dynamic ETH comes away victorious in the head-to-head comparison for longer-term investors.
Key Points. Ethereum could have several catalysts that could enable it to reach $10,000 in 2022. However, there are also multiple obstacles that could get in the way -- including delays with its big upgrade. The odds are likely against seeing Ethereum hit $10,000 next year, but not overwhelmingly against it.
Ethereum Price Prediction 2025
Price predictions by market analysts estimate the average price of Ethereum to reach around $3,200 by early 2025. The predicted price might climb to $5,800 by year end considering Ethereum 2.0 introduction. For short-term investment, the expected price growth is +81%.
The co-founder and former CEO of Ethereum, an open software platform that helps to build digital coins, warned that many of these alternative cryptocurrency projects are unsustainable and destined to eventually crash once their many issues are exposed.
1. QTUM. One of the most promising contenders for Ethereum's title is QTUM, a hybrid cryptocurrency technology that takes the best attributes of bitcoin and Ethereum before blending them together.
Next Cryptos to Explode: Solana (SOL-USD)
Solana is already one of the biggest clear-cut winners of 2021. The SOL coin has boomed; those that bought in in early January at $1.40 are resting on a 13,000% gain at its current price of $183.10.
One of the reasons to consider trading in Bitcoin for Ethereum is that Bitcoin could have reached stabilization. As of April 2021, the price of Bitcoin had sailed past $60,000 a couple of times but has then dipped back below that mark. ... Currently, Ethereum has a market cap that is less than a third of Bitcoin.
The crypto news outlet Coinpedia predicted ETH could end 2022 between $6,500 and $7,500 if the same bullish upswing that started in mid 2021 were to continue. However, 2022 brought a bearish downturn in the crypto market, making it clear that Ethereum's price is not going to rise from sentiment alone.
Ethereum cryptocurrency soars to an all-time high
Bitcoin has been marketed that way since its inception because it has a hard supply cap of 21 million coins that won't be reached until around the year 2140. Ether doesn't have an explicit limit on supply.
Ethereum has the second-largest market capitalization after Bitcoin at about $500 billion, making it an important rival to the well-known coin. Because of its position in second place and widespread use with decentralized apps, Ethereum is the only serious contender that could surpass Bitcoin in price in the future.
"ETH2 is not a new coin and would not change the ETH amount one holds ... ETH2 may end up becoming a rebranded version of the original Ether, without needing holders to swap one version for another."
Ethereum (ETH)
Ethereum, the second-largest cryptocurrency by market cap, is known for being one of the most profitable coins to mine. This thriving community has its unique blockchain network with smart contracts that developers can execute without third-party interference.
Ethereum is set to explode between 2022 and 2025 as it is now the second-largest cryptocurrency in the cryptocurrency market.
Ethereum competitors, such as Polkadot, Solana and Binance Smart Chain (BSC), are growing faster in terms of development activity according to crypto research firm Electric Capital, which released its findings on the blockchain development ecosystem in a new report on Thursday.
Key points. Ethereum's price has fallen dramatically since its November highs, in part due to wider economic factors. Buying Ethereum now may be a good move -- if you understand risks involved and make sure it's right for your financial situation.
While Bitcoin remains the most popular cryptocurrency, Ethereum is quickly catching up. Ethereum's upgrade next year could result in several major advantages over Bitcoin. From increased speed to greater efficiency, Ethereum has a bright future in 2022.
According to a recent panel of 50 fintech experts on comparison site Finder, they expect Ethereum to climb to $5,114 by the end of 2021. Furthermore, they project that the price will surge to $15,364 in 2025 and then more than triple from that point to $50,788 in 2030.
How much ETH do you need to become a millionaire? In short, at the price of 3,500 dollars today, it would take approximately 250,000 dollars to make one million dollars if Ethereum went up by 4x in the future. It would also take about 69 ether to do that.