The Ethereum forecast for the coming years requires a reassessment. With a current price of 2,940 USD (As of: December 24, 2025), ETH is well below the levels of over 4,700 USD targeted just months ago. However, this correction offers investors a new perspective – not as the end of a bull run, but as an accumulation phase before the next cycle.
Current Ethereum: Key Data at a Glance
Metric
Value
Current Price
2,940 USD
24h High
2,990 USD
24h Low
2,890 USD
All-Time High (Nov 2021)
4,878 USD
Distance to ATH
-40 %
24h Volume
452.78 million USD
Market Capitalization
355.39 billion USD
1-Year Performance
-13.93 %
Circulating Supply
120.69 million ETH
Active Addresses
444.25 million
These figures show: Ethereum has undergone a massive price consolidation. The current level may present entry opportunities for long-term investors.
Recalculated Scenarios 2025–2030 Based on 2,940 USD
The forecast starts from the current price level of 2,940 USD. We outline three scenarios with cumulative returns:
Year
Pessimistic Scenario
Realistic Scenario
Bullish Scenario
2025 (End)
3,000 USD (+2 %)
4,200 USD (+43 %)
5,500 USD (+87 %)
2026
3,500 USD (+19 %)
5,500 USD (+87 %)
7,500 USD (+155 %)
2027
4,500 USD (+53 %)
7,000 USD (+138 %)
10,000 USD (+240 %)
2028
5,500 USD (+87 %)
9,000 USD (+206 %)
13,000 USD (+342 %)
2029
6,500 USD (+121 %)
11,000 USD (+274 %)
16,000 USD (+444 %)
2030
8,000 USD (+172 %)
14,000 USD (+376 %)
20,000 USD (+580 %)
Important: These scenarios illustrate possible development paths. The actual price movement can vary significantly due to market dynamics, technological advances, or external shocks.
Why Ethereum from 2,940 USD Becomes Interesting
To be honest: The nearly 40% price decline from previous levels creates new opportunities. Historically, massive drawdowns (2018: -94 %, 2022: -82 %) have always been phases where smart investors added positions. Those who bought at 100 USD (2018) or 900 USD (2022) later experienced multi-fold gains.
But where is the hope? The fundamental drivers remain robust:
Factor 1: ETF Capital Flows Remain Structural Driver
Spot ETFs for Ethereum have proven to be a game-changer – not only in the USA but worldwide. Even with weaker inflows than at the peak, these products continue to provide a structural buying impulse. Institutional investors increasingly see Ethereum via ETFs as a “crypto bond” with 4–5% staking yield. As normalization continues, inflows could accelerate again, especially since the current price appears psychologically more attractive than previous levels of over 4,700 USD.
Factor 2: Technological Roadmap Comes Into Focus
The Ethereum 2.0 upgrade is progressing. After the successful Merge (2022) and Shanghai upgrade (2023), the current main goal is Proto-Danksharding (EIP-4844), already introduced in the Dencun upgrade 2024. The result: Gas fees for Layer-2 transactions have fallen by up to 95%. The actual Sharding implementation planned for 2025/2026 aims to increase capacity by orders of magnitude – without sacrificing decentralization. Such a technical step could transform the entire usage of Ethereum and its Layer-2 solutions, triggering a new growth cycle.
Factor 3: Staking Ratio Rises, Supply Becomes Scarcer
Currently, about 30% of the total ETH supply is staked. A year earlier, it was only 14%. This doubling of staking volume has two critical effects:
Circulating supply decreases – staked ETH is locked, reducing available trading volume.
Professionalization increases – new institutional products with integrated staking yields could be launched in 2025/2026, attracting additional capital.
Combined effect: The freely circulating supply decreases while demand (via ETFs, staking products, professional portfolios) potentially grows. This is a classic bullish setup.
Ethereum 2025–2027: The Decisive Phase
The next 2–3 years will determine whether Ethereum can sustain its upward trend long-term or stalls. Two scenarios:
Scenario A (Realistic – 4,200 USD end of 2025, then 5,500–7,000 USD 2026/2027):
ETF inflows stabilize around 80,000–120,000 ETH/day
Staking ratio rises to 40–45 %, burn rate remains above 1.5% p.a.
TVL in the Ethereum ecosystem increases from current 97 billion USD to 150–180 billion USD
Result: Continuous upward movement, occasionally interrupted by 10–15% pullbacks; price targets of 5,500–7,000 USD seem achievable
Scenario B (Pessimistic – 3,000 USD as floor, then sideways trend):
Macro tightening hampers risk capital flows
Staking ratio stagnates, new competition from other chains grows
L2 adoption lags behind expectations
Result: Ethereum fluctuates between 2,800 and 3,500 USD; only in 2027 a new breakout
Support and Resistance Zones at Current Price
Based on 2,940 USD current price:
Zone (USD)
Type
Significance
2,800–2,850
Support 🟢
Psychological level + technical support cluster
2,500–2,600
Support 🟢
200-day moving average + trend confirmation level
2,000–2,100
Support 🟢
Longer-term support from 2023; bear scenario floor
3,200–3,300
Resistance 🔴
Local highs from September/October 2025
3,800–3,900
Resistance 🔴
Previous interim highs; psychologically important
4,500–4,600
Resistance 🔴
200% Fibonacci extension of the downtrend; major level
4,900 USD
Resistance 🔴
Previous all-time high 2021 (4,878 USD)
The key: As long as ETH stays above 2,800 USD, the technical picture remains intact. A rise above 3,300 USD would unlock new upward momentum.
Ethereum 2030: Fundamental Metrics for 20,000 USD
To realistically assess whether Ethereum can reach 25,000–20,000 USD by 2030, work backwards: With a circulating supply of ~117 million ETH, a price of 20,000 USD would imply a market cap of approximately 2.34 trillion USD.
For this to be fundamentally sustainable, three levers are needed:
1. Fees and Revenue
Ethereum would need to generate 25–40 billion USD annually in protocol fees (about 70–110 million USD per day). This does not come from L1 retail gas (too expensive for mass usage), but from:
Bundled L2 call data on L1
Large DeFi order flows and arbitrage
Stablecoin settlement (hundreds of billions USD daily)
ETF AUM: 500–800 billion USD in ETH products worldwide
These figures keep the MC/TVL ratio within an efficient corridor (4–6x) and ensure stable fee revenue.
3. Supply Scarcity
Staking ratio would need to rise to 40–50 % (Base) or 50–55 % (Bull). Net supply shrinks by 0.3–1.2 % p.a. (Burn > Issuance). Result: circulating supply falls to 105–115 million ETH.
Direct indicator: Ultrasound.money metrics (Burn rate, staking yield after fees, MEV capturing)
Concrete Return Expectations: 2025–2030
The realistic scenario (14,000 USD 2030) corresponds to a total return of +376 % over 5 years, or about 38 % p.a. on average (not linear, but concentrated in individual rally phases).
Even the conservative scenario (8,000 USD) yields +172 % / 5 years ≈ 20 % p.a. – still exceptionally high compared to stocks or real estate.
Critical: Most gains occur in short, intense rally phases (bull quarters). During bear and sideways phases, patience and psychological resilience are required. Investors who do not weaken and accumulate when fear prevails (like 2018 at 100 USD, 2022 at 900 USD), will be rewarded.
ETH Forecast 2025: From Bottom to Recovery
With the current price of 2,940 USD, the big question is: Is this the bottom or will there be more decline?
Bullish indicators:
Technical oversold conditions (RSI 30–35 on daily in some phases)
Our assessment: The price of 2,940 USD is an attractive entry point for 5-year investors. A breakthrough above 3,300 USD would signal technical bullishness. A drop below 2,600 USD would warrant caution.
FAQs
How high can Ethereum rise by the end of 2025?
If ETF inflows stabilize and technological updates proceed, 4,000–4,500 USD is achievable. In a bullish case (e.g., with massive M&A, tokenization boom), even 5,500 USD. The realistic range: 4,000–4,500 USD.
Will Ethereum reach 20,000 USD?
Yes, in the timeframe 2028–2030, this is realistic – but only if the three levers work (Fees 25–40 billion USD/year, TVL 300–500 billion USD, staking >40 %, RWA adoption). Probability: ~60–70%.
Traders: Wait for resistance at 3,200–3,300 USD, possibly use stop-loss orders
Risk-averse: Wait for a clear signal above 3,500 USD or more technical confirmation
Is now still a good entry point?
Relatively: Yes, because the total return from 2,940 USD to 2030 is immense (+172–376 % depending on scenario). Absolutely: You cannot know if another drop to 2,000 USD might happen. Best strategy: Start small, buy regularly, never go all-in.
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Ethereum 2025–2030: Newly reassessed price targets after current decline
The Ethereum forecast for the coming years requires a reassessment. With a current price of 2,940 USD (As of: December 24, 2025), ETH is well below the levels of over 4,700 USD targeted just months ago. However, this correction offers investors a new perspective – not as the end of a bull run, but as an accumulation phase before the next cycle.
Current Ethereum: Key Data at a Glance
These figures show: Ethereum has undergone a massive price consolidation. The current level may present entry opportunities for long-term investors.
Recalculated Scenarios 2025–2030 Based on 2,940 USD
The forecast starts from the current price level of 2,940 USD. We outline three scenarios with cumulative returns:
Important: These scenarios illustrate possible development paths. The actual price movement can vary significantly due to market dynamics, technological advances, or external shocks.
Why Ethereum from 2,940 USD Becomes Interesting
To be honest: The nearly 40% price decline from previous levels creates new opportunities. Historically, massive drawdowns (2018: -94 %, 2022: -82 %) have always been phases where smart investors added positions. Those who bought at 100 USD (2018) or 900 USD (2022) later experienced multi-fold gains.
But where is the hope? The fundamental drivers remain robust:
Factor 1: ETF Capital Flows Remain Structural Driver
Spot ETFs for Ethereum have proven to be a game-changer – not only in the USA but worldwide. Even with weaker inflows than at the peak, these products continue to provide a structural buying impulse. Institutional investors increasingly see Ethereum via ETFs as a “crypto bond” with 4–5% staking yield. As normalization continues, inflows could accelerate again, especially since the current price appears psychologically more attractive than previous levels of over 4,700 USD.
Factor 2: Technological Roadmap Comes Into Focus
The Ethereum 2.0 upgrade is progressing. After the successful Merge (2022) and Shanghai upgrade (2023), the current main goal is Proto-Danksharding (EIP-4844), already introduced in the Dencun upgrade 2024. The result: Gas fees for Layer-2 transactions have fallen by up to 95%. The actual Sharding implementation planned for 2025/2026 aims to increase capacity by orders of magnitude – without sacrificing decentralization. Such a technical step could transform the entire usage of Ethereum and its Layer-2 solutions, triggering a new growth cycle.
Factor 3: Staking Ratio Rises, Supply Becomes Scarcer
Currently, about 30% of the total ETH supply is staked. A year earlier, it was only 14%. This doubling of staking volume has two critical effects:
Combined effect: The freely circulating supply decreases while demand (via ETFs, staking products, professional portfolios) potentially grows. This is a classic bullish setup.
Ethereum 2025–2027: The Decisive Phase
The next 2–3 years will determine whether Ethereum can sustain its upward trend long-term or stalls. Two scenarios:
Scenario A (Realistic – 4,200 USD end of 2025, then 5,500–7,000 USD 2026/2027):
Scenario B (Pessimistic – 3,000 USD as floor, then sideways trend):
Support and Resistance Zones at Current Price
Based on 2,940 USD current price:
The key: As long as ETH stays above 2,800 USD, the technical picture remains intact. A rise above 3,300 USD would unlock new upward momentum.
Ethereum 2030: Fundamental Metrics for 20,000 USD
To realistically assess whether Ethereum can reach 25,000–20,000 USD by 2030, work backwards: With a circulating supply of ~117 million ETH, a price of 20,000 USD would imply a market cap of approximately 2.34 trillion USD.
For this to be fundamentally sustainable, three levers are needed:
1. Fees and Revenue
Ethereum would need to generate 25–40 billion USD annually in protocol fees (about 70–110 million USD per day). This does not come from L1 retail gas (too expensive for mass usage), but from:
Measurable: Daily L2 transactions, DEX volume, settlement volume, fee burn per block
2. Capital Lock-up (TVL & Assets)
The Ethereum ecosystem would need to hold 300–500 billion USD TVL (Base case; bullish: 500–800 billion USD). Additionally:
These figures keep the MC/TVL ratio within an efficient corridor (4–6x) and ensure stable fee revenue.
3. Supply Scarcity
Staking ratio would need to rise to 40–50 % (Base) or 50–55 % (Bull). Net supply shrinks by 0.3–1.2 % p.a. (Burn > Issuance). Result: circulating supply falls to 105–115 million ETH.
Direct indicator: Ultrasound.money metrics (Burn rate, staking yield after fees, MEV capturing)
Concrete Return Expectations: 2025–2030
The realistic scenario (14,000 USD 2030) corresponds to a total return of +376 % over 5 years, or about 38 % p.a. on average (not linear, but concentrated in individual rally phases).
Even the conservative scenario (8,000 USD) yields +172 % / 5 years ≈ 20 % p.a. – still exceptionally high compared to stocks or real estate.
Critical: Most gains occur in short, intense rally phases (bull quarters). During bear and sideways phases, patience and psychological resilience are required. Investors who do not weaken and accumulate when fear prevails (like 2018 at 100 USD, 2022 at 900 USD), will be rewarded.
ETH Forecast 2025: From Bottom to Recovery
With the current price of 2,940 USD, the big question is: Is this the bottom or will there be more decline?
Bullish indicators:
Bearish risks:
Our assessment: The price of 2,940 USD is an attractive entry point for 5-year investors. A breakthrough above 3,300 USD would signal technical bullishness. A drop below 2,600 USD would warrant caution.
FAQs
How high can Ethereum rise by the end of 2025?
If ETF inflows stabilize and technological updates proceed, 4,000–4,500 USD is achievable. In a bullish case (e.g., with massive M&A, tokenization boom), even 5,500 USD. The realistic range: 4,000–4,500 USD.
Will Ethereum reach 20,000 USD?
Yes, in the timeframe 2028–2030, this is realistic – but only if the three levers work (Fees 25–40 billion USD/year, TVL 300–500 billion USD, staking >40 %, RWA adoption). Probability: ~60–70%.
How should I invest at current 2,940 USD?
Is now still a good entry point?
Relatively: Yes, because the total return from 2,940 USD to 2030 is immense (+172–376 % depending on scenario). Absolutely: You cannot know if another drop to 2,000 USD might happen. Best strategy: Start small, buy regularly, never go all-in.