VanEck: Ethereum price target to $22,000 by 2030

[pmbug]

Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0.

This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.

~~~

The decision follows a letter we sent on June 7, asking the SEC to confirm that the May ETH ETF approvals, which were premised on ETH being a commodity, meant the agency would close its Ethereum 2.0 investigation.
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https://x.com/Consensys/status/1803230654789984354

[bitbit97]

Ethereum reaching the said amount of $22k in 2030, depends on how far the bitcoin price could go by then. If bitcoin price could reach $400k by 2030, I don't see anything stopping ethereum from climbing to a price of $22k by then.

If I am not mistaken, the year 2030 should be a bull run year that bitcoin, and other top altcoins are meant to soar in price. Predicting a price of $22k, coupled with ethereum ETF approval of now to trigger the ethereum price as of then is very possible to happen.

Just dont forget, that one of the reasons why people predict Bitcoin price to go up and up is its limited maximum supply. Ethereum is infinite. Imo, something that is infinite will never be in high demand, as it will never be unique. If we look on the picture of Ethereum price, and find $22k, wont it be almost a right angle of price line? Its 5 years left and the price must do 6 times. Price must double each years. Never saw phenomenon in crypto from old altcoins with only one significant positive news (ETH approval).

[armanda90]

Just dont forget, that one of the reasons why people predict Bitcoin price to go up and up is its limited maximum supply. Ethereum is infinite. Imo, something that is infinite will never be in high demand, as it will never be unique. If we look on the picture of Ethereum price, and find $22k, wont it be almost a right angle of price line? Its 5 years left and the price must do 6 times. Price must double each years. Never saw phenomenon in crypto from old altcoins with only one significant positive news (ETH approval).

Bit difficult accepting with this prediction how possibility left five years later Ethereum price reach above $22k, its most unbelievable looking recent ethereum price and bitcoin keep stable at lower price.
Need to see any possibilities before predicting too high of ethereum price although nothing impossible in cryptocurrency but movement progress of ethereum depend with bitcoin, if bitcoin get stuck and difficult reach to higher price I don't think ethereum has opportunity to make new higher price or reach almost half of bitcoin price.

[milewilda]

Just dont forget, that one of the reasons why people predict Bitcoin price to go up and up is its limited maximum supply. Ethereum is infinite. Imo, something that is infinite will never be in high demand, as it will never be unique. If we look on the picture of Ethereum price, and find $22k, wont it be almost a right angle of price line? Its 5 years left and the price must do 6 times. Price must double each years. Never saw phenomenon in crypto from old altcoins with only one significant positive news (ETH approval).

Bit difficult accepting with this prediction how possibility left five years later Ethereum price reach above $22k, its most unbelievable looking recent ethereum price and bitcoin keep stable at lower price.
Need to see any possibilities before predicting too high of ethereum price although nothing impossible in cryptocurrency but movement progress of ethereum depend with bitcoin, if bitcoin get stuck and difficult reach to higher price I don't think ethereum has opportunity to make new higher price or reach almost half of bitcoin price.

When it comes on hearing out different speculative approach about prices whether on Bitcoin or with some top altcoins then it would really be better that you shouldnt really be that making yourself that too easily to believe or making yourself that getting hyped up on the moment that you do see those huge numbers on which some of them are really that too unrealistic
if we do base up on the duration or the time that they are projecting into. If you are someone who do have that experience towards this market then you would
really be able to see those things to be too far off even if we do speak about a couple of market cycles on which it cant be still that reachable but well everything is possible into this crypto
space but somewhat it would be better that you shouldnt be that anticipating too much.

[JoyMarsha]

Just dont forget, that one of the reasons why people predict Bitcoin price to go up and up is its limited maximum supply. Ethereum is infinite. Imo, something that is infinite will never be in high demand, as it will never be unique. If we look on the picture of Ethereum price, and find $22k, wont it be almost a right angle of price line? Its 5 years left and the price must do 6 times. Price must double each years. Never saw phenomenon in crypto from old altcoins with only one significant positive news (ETH approval).

Bit difficult accepting with this prediction how possibility left five years later Ethereum price reach above $22k, its most unbelievable looking recent ethereum price and bitcoin keep stable at lower price.
Need to see any possibilities before predicting too high of ethereum price although nothing impossible in cryptocurrency but movement progress of ethereum depend with bitcoin, if bitcoin get stuck and difficult reach to higher price I don't think ethereum has opportunity to make new higher price or reach almost half of bitcoin price.

It's unjust to think of "ethereum reaching half of the bitcoin price". I wonder how long it would ever be for bitcoin to reach $30k for instance.

What I just know is that ethereum will gradually spike for a new ATH every bull run season. The upcoming bull run season, will give us a hint on what to expect about ethereum price in 2030. It can be below the price of $15k or higher. Fingers crossed till then

[Lucius]

Just dont forget, that one of the reasons why people predict Bitcoin price to go up and up is its limited maximum supply. Ethereum is infinite. Imo, something that is infinite will never be in high demand, as it will never be unique. If we look on the picture of Ethereum price, and find $22k, wont it be almost a right angle of price line? Its 5 years left and the price must do 6 times. Price must double each years. Never saw phenomenon in crypto from old altcoins with only one significant positive news (ETH approval).

The story about the ETH max supply has become rather frivolous over the years, because I read that the limit will be determined, and then it won't be, and so on until today. What seems to me is that this undefined max supply in combination with x6 times more coins in circulation compared to BTC is the reason why ETH is right behind BTC in terms of marketcap.

The only positive thing after they gave up on POW is the spot ETF, and time will tell if investors will be interested in the same as it is the case with the spot BTC ETFs.

[bitbit97]

Just dont forget, that one of the reasons why people predict Bitcoin price to go up and up is its limited maximum supply. Ethereum is infinite. Imo, something that is infinite will never be in high demand, as it will never be unique. If we look on the picture of Ethereum price, and find $22k, wont it be almost a right angle of price line? Its 5 years left and the price must do 6 times. Price must double each years. Never saw phenomenon in crypto from old altcoins with only one significant positive news (ETH approval).

The story about the ETH max supply has become rather frivolous over the years, because I read that the limit will be determined, and then it won't be, and so on until today. What seems to me is that this undefined max supply in combination with x6 times more coins in circulation compared to BTC is the reason why ETH is right behind BTC in terms of marketcap.

The only positive thing after they gave up on POW is the spot ETF, and time will tell if investors will be interested in the same as it is the case with the spot BTC ETFs.

About that ETF approval - such a positive news should have triggered a hysteria. People shouting "we pwnd SEC" must have appeared, but instead I see that the price barely changed.

I took ETH price graph, took same length for period and price, and added how it is going to look if it would really be $22k by 2023. Made this for people to understand how short 5 years period is and how sharp growth has to be.



Notice that I have drawn that the price would only grow, when IRL such thing hardly ever happen to any crypto. Imo $22k is way to far away for 5 years or 10 years distance, and ETF approval isnt enough

[UNIVERSE]

Ethereum reaching the said amount of $22k in 2030, depends on how far the bitcoin price could go by then. If bitcoin price could reach $400k by 2030, I don't see anything stopping ethereum from climbing to a price of $22k by then.

I don't think it will totally depend on the price of Bitcoin in 2030. Ethereum can increase massively although Bitcoin price doesn't increase high. Some factors like Ethereum ETF, Ethereum adoption, and Ethereum development can trigger the price increasing significantly. However, it is difficult to predict now about the price of Ethereum in 2030. Honestly, I'm not sure if it is really possible to be $22k in 2030.

If I am not mistaken, the year 2030 should be a bull run year that bitcoin, and other top altcoins are meant to soar in price. Predicting a price of $22k, coupled with ethereum ETF approval of now to trigger the ethereum price as of then is very possible to happen.

If you consider 4 year cycle, 2030 should be a bearish season. In the next cycle, 2026-2027 is the bearish season and 2028-2029 is bullish season. So, 2030-2031 is the bearish season again. If the trends and pattern of price growth of crypto coins are still the same, we will see the bearish season in 2030. And the price of Ethereum should be decreasing a lot at that time.

[Lucius]

About that ETF approval - such a positive news should have triggered a hysteria. People shouting "we pwnd SEC" must have appeared, but instead I see that the price barely changed.

If you remember, it was similar with the approval of spot BTC ETFs, the news itself was positive, but it took some time to start affecting the price. It is possible that this will happen with ETH as well, although it seems that regardless of the approval of the ETF, everything still depends on how the price of BTC will move. It would be really strange if the price of ETH goes up and at the same time BTC goes down.

I took ETH price graph, took same length for period and price, and added how it is going to look if it would really be $22k by 2023. Made this for people to understand how short 5 years period is and how sharp growth has to be.

Notice that I have drawn that the price would only grow, when IRL such thing hardly ever happen to any crypto. Imo $22k is way to far away for 5 years or 10 years distance, and ETF approval isnt enough

As I already wrote, it is not an optimistic speculation for those who want a big profit with ETH, because by 2030 BTC will probably grow at least as much (if not more). One day ETH could be worth $20k+, but then BTC will probably be worth several hundred thousand $ per coin.

[Stompix]

I don't think it will totally depend on the price of Bitcoin in 2030. Ethereum can increase massively although Bitcoin price doesn't increase high. Some factors like Ethereum ETF, Ethereum adoption, and Ethereum development can trigger the price increasing significantly.

Yeah except the fact that with all the development and so-called adoption, ETH was losing against BTC , after managing to reach 12:1 in 2021 from there it has continuously lost, reaching 18:1, and we can all agree that the current rise in ETH is just because of the market going green otherwise ETH would be leading the growth, which ...it isn't!

So, with Bitcoin in a continuous bear market, I don't see ETH reaching even 5k let alone 20k.

[vegasus]

About that ETF approval - such a positive news should have triggered a hysteria. People shouting "we pwnd SEC" must have appeared, but instead I see that the price barely changed.

If you remember, it was similar with the approval of spot BTC ETFs, the news itself was positive, but it took some time to start affecting the price. It is possible that this will happen with ETH as well, although it seems that regardless of the approval of the ETF, everything still depends on how the price of BTC will move. It would be really strange if the price of ETH goes up and at the same time BTC goes down.

Yes, ETFs have not directly had a big influence on the price development of ETH and BTC so far. But at least it will have a good effect in the future. Yes, however, positive news will usually have a good effect, whether in the short or long term.

Currently, the highest ETH price is still at $3,973, if I'm not mistaken, it happened on May 27. And indeed, currently the price of ETH is dropping quite a bit, so it's following the market, especially BTC is also dropping.

So let's just wait for the bullish era to actually occur.

[philipma1957]

The approval of spot Ethereum ETFs will be opening the Pandora's box for the said coin and I am sure this can mean it will be experiencing an upsurge in its price just like what we had seen with BTC. And this can be the reason why some institutional buyers are now starting to buy more and more ETH from the market.

Interestingly, an analysts working for VanEck, an institution that has applied to list a spot ether ETF, said they have raised their 2030 price prediction for Ethereum to $22,000. As noticed, this modest prediction for the Ethereum's price is rooted on "ETF news, scaling progress,” and a “read of on-chain data.”

Now, with the strong potential of this coin for more real and robust growth ahead, do you think that Ethereum will achieve this prediction in 20230 or do you think that the timeframe can even be earlier?

This is a dead coin. It has simply not crashed and burned.

[bounceback]

Yes, ETFs have not directly had a big influence on the price development of ETH and BTC so far. But at least it will have a good effect in the future. Yes, however, positive news will usually have a good effect, whether in the short or long term.

Currently, the highest ETH price is still at $3,973, if I'm not mistaken, it happened on May 27. And indeed, currently the price of ETH is dropping quite a bit, so it's following the market, especially BTC is also dropping.

So let's just wait for the bullish era to actually occur.

Such as with ETF Bitcoin approval, not get directly had big influence for bitcoin reach to the higher price and the same with ETF Ethereum since approval need more longer time raising to the higher price.
But comparison with Ethereum currently price around $3400 with OP target expected reach above $22k on six years later seems bit possibility and almost impossible. I think need magician to see bitcoin reach more higher price before expecting with Ethereum because every time Ethereum price always following with bitcoin price.

[philipma1957]

Just dont forget, that one of the reasons why people predict Bitcoin price to go up and up is its limited maximum supply. Ethereum is infinite. Imo, something that is infinite will never be in high demand, as it will never be unique. If we look on the picture of Ethereum price, and find $22k, wont it be almost a right angle of price line? Its 5 years left and the price must do 6 times. Price must double each years. Never saw phenomenon in crypto from old altcoins with only one significant positive news (ETH approval).

The story about the ETH max supply has become rather frivolous over the years, because I read that the limit will be determined, and then it won't be, and so on until today. What seems to me is that this undefined max supply in combination with x6 times more coins in circulation compared to BTC is the reason why ETH is right behind BTC in terms of marketcap.

The only positive thing after they gave up on POW is the spot ETF, and time will tell if investors will be interested in the same as it is the case with the spot BTC ETFs.

They made multiple rule changes that affected holders and miners. Any given day they can do this again.

They cost me two eth coins when they rolled back the blockchain to fix the hack.

I spent over 100 hours time trying to recover these two coins.

I am not the only person that lost coins with the rollback.

They then killed pow hurting the gpu industry they then alter the blockchain again. Erasing three transctions on me that I was able to recover this time it was 3500 usd worth of eth.

I would never hold it again. To have full transparency I have 28 cents worth on coin base. and two unrecoverable coins in a very old wallet.

It people over to buy from me I ask them not to use eth.

But I guess people have faith in Mr V I don’t.

[Lucius]

They made multiple rule changes that affected holders and miners. Any given day they can do this again.
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But I guess people have faith in Mr V I don’t.

These constant changes definitely do not instill confidence in investors, but when you are second on the list behind BTC, it obviously means something. I already wrote that one of the biggest advantages that ETH has over BTC is actually its price, because for the price of 1 BTC you can buy approximately 20 ETH, and that is crucial for some, regardless of all the technical shortcomings that most people probably don't even know about.

The second thing is that ETH has a "leader", which many consider to be some kind of advantage, but it is actually a disadvantage - Vitalik even announced at one point that he plans to retire, but we know that this will never happen.