Return. Ethereum had a return of 56.65% year-to-date (YTD) and 8.65% in the last 12 months. Over the past 10 years, Ethereum had an annualized return of 75.76%, outperforming the S&P 500 benchmark which had an annualized return of 7.08%.
Ethereum has outperformed the stock market more than 100x over since 2017, and it even outperformed Bitcoin in 2020 and 2021. However, its price has seen extreme fluctuations over the past four years, with a minimum annual return of -82.7% and a maximum annual return of 9159%.
Bitcoin has an average annual return of 1,576% and a total return of 18,912% from 2010 to 2021, while SPDR Gold Shares had an average annual return of just 5.14% and a total return of 61.67% over the same period.
Ethereum (ETH), the second largest cryptocurrency by market capitalisation after Bitcoin, accounts for almost 20% of the $1.1 trillion global crypto market, making it one of the safest long-term bets if you are looking to diversify your portfolio with digital currency.
Basic Info. Ethereum Price is at a current level of 1850.43, down from 1887.83 yesterday and up from 1601.21 one year ago. This is a change of -1.98% from yesterday and 15.56% from one year ago.
The year 2015 was the only time when Ethereum was worth one dollar or less, with the exception of January 2016.
Can Ethereum Crash to Zero? Many experts have shared their views on just how low Ethereum can realistically get, but few have gone so far as to predict a crash to zero. It's important to note here that Ethereum losing the entirety of its value is highly unlikely, and the same goes for other popular coins like Bitcoin.
As long as the Ethereum network keeps becoming stronger and the team continues to develop innovative features, ETH and its investors will likely continue to grow and prosper now and years to come.
Conclusion: Yes, Ethereum Can Reach $100K
The main reasons behind this are the increasing use of Ethereum in the world of digital bonds, real estate, and government and central bank usage of the blockchain network on a state level.
Bitcoin (^BTC): Historical Returns
In the last 10 Years, the Bitcoin (^BTC) Commodity obtained a 80.25% compound annual return, with a 171.93% standard deviation.
If Ethereum is able to regain those levels, the $100 investment today would be worth $245.07. This represents a return of 145.1% from today's hypothetical investment if the highs are reached again. With the current price, Ethereum has gained significantly from the one-year low of $896.11 hit in June 2022.
The most direct way to make money is to create a premium decentralized application on the Ethereum blockchain. There are many possibilities for creating applications on Ethereum: Digital ledgers for financial or supply chain transactions. Crypto exchanges services.
Ethereum could reach $20,000 by 2025 according to a Finder's panel. Ethereum has since been gaining momentum, starting out at $1,000 at the beginning of the year and reaching an all time high of $4,196.63, according to Coin Metrics. Before losing steam and dropping down to its current price at $2,400.
Ethereum, however, has an infinite supply. In January 2021, there were 113.5 million tokens in circulation. As of April 2022, there are roughly 120 million. There are some predictions that after shifting the Ethereum process from PoW to PoS, the supply of Ethereum may be reduced.
According to a projection by VanEck, the Ethereum (ETH) price could skyrocket to $51,000 by 2030 if there's another crypto bull market. The prediction is based on Ethereum (ETH) becoming accepted across various industry sectors, such as finance, healthcare, and insurance.
Ethereum Price Prediction 2023-2024
Therefore, the ETH price may remain consolidated until the end of Q3 and may rise to some extent, closing the yearly trade around $2450 to $2675. The year 2024 may begin with a bullish push as the prices may maintain a healthy upswing since the start.
As with all investments, the value of ethereum can rise as well as fall. While it is unlikely that ethereum will suffer a complete loss of value, investors must be prepared to suffer drawdowns of between 50% and 80%.
Even if it fails, the miners must validate and execute your transaction, which takes computational power. You must pay for that computation, just like you would pay for a successful transaction. You can see your transaction fee (gas limit * gas price) in ETH & USD when you search for your transaction on Etherscan.io.
Fed's hawkishness dampens Ethereum price
The ETH price intraday decline came as a part of a broader weekly downtrend accelerated by the Federal Reserve's hawkish tone a day ago. The U.S. central bank left the benchmark interest rates unchanged due to cooling inflation.
Ethereum is an open-source blockchain platform built by hundreds of thousands of developers from around the world. Since Ethereum is a decentralized network, no single entity controls or owns it.