Ethereum (ETH) Price Prediction 2025-2030: How realistic is $50K after the Merge?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Ethereum [ETH], the second-largest cryptocurrency in the market, successfully completed its long-awaited switch from proof-of-work to proof-of-stake PoS recently, ushering in a new era for the network. Although there was excitement during and immediately after the Merge, as the changeover is often known, driving ETH above $1,643, the upswing was very fleeting. In fact, ETH’s price quickly fell back below the $1,600-level on the charts.
One particular graphic makes the case that investors may have planned to sell their interests before the price fell as a result of the Merge. Ethereum saw significant inflows into cryptocurrency exchanges in the days leading up to the Merge, rising from roughly 700,000 ETH on September 12 to nearly 1.7 million ETH two days later, as per the analytics platform CryptoRank.
Given everything, traders are quite confused as to what will happen. A majority of analysts are bullish on ETH. Furthermore, the majority of long-term Ethereum price forecasts are also optimistic.
Since Ethereum has seen phenomenal growth in recent years, it is not surprising that investors are placing significant bets on this cryptocurrency. Ethereum gained traction after the price of Bitcoin dropped in 2020, following a protracted period of stagnation in 2018 and 2019.
Interestingly, much of the altcoin market remained idle even after the halving. One of the few that picked up the momentum quickly is Ethereum. Ethereum had increased by 200% from its 2017 highs by the end of 2021.
Ethereum may experience such a spike thanks to several crucial factors. One of these
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