Experts Predict How High Ethereum’s Price Could Go in 2022, a ‘Make-or-Break Year’

Ethereum is the most well-known altcoin, and it’s much more than just another cryptocurrency for many investors and enthusiasts alike. And despite its rough first half of the year, experts predict it could still get back above $4,000 in 2022.

Ethereum’s native token, ether (ETH), has grown immensely in value since its creation in 2015. Launched by computer programmer Vitalik Buterin, ether has increased in price from $0.311 at its 2015 launch to around $4,800 at its highest late last year — with plenty of volatility along the way.

Ethereum took a sudden dive below $1,600 Tuesday following the release of August inflation data. Before Tuesday’s drop, ethereum had been on the rise after nearly hitting $1,800 over the weekend. That would’ve been the highest it’s been since mid-August. It continued to hover around $1,600 Thursday morning shortly after its big merge was completed.

Since reaching an all-time high at the end of 2021, ether has experienced heightened volatility that comes with the war in Ukraine, rising inflation and interest rates, and a shaky stock market. It’s fallen more than 50% since the start of the year, hitting a low of $900 in June, which represented a decrease of more than 70% since January. While the price of ether has recovered since its summer lows, experts say its massive software upgrade — planned for this month — will play a significant role in whether it soars or crashes in the coming months.  

A differentiating feature for ethereum — unlike bitcoin and other cryptocurrencies — is its utility as a software network that allows developers to build and power new tools, apps, and NFTs. The blockchain-based software network has many uses and applications across the tech world, especially for gaming, music, entertainment, and decentralized finance (DeFi) — making it one of the most popular and widely-used cryptos this past year. 

At an annualized rate, ether’s ROI is nearly 300%. That means early investors have nearly quadrupled their investment every year since the summer of 2014. Crypto prices are notoriously volatile, however, so financial experts say to only invest what you can afford to lose, and never at the expense of foundational goals like emergency savings and high-interest debt payoff.

Prices updated: September 18, 2022

So how high do experts expect ether’s price to climb? Here’s a look at the factors contributing to ethereum’s volatile, yet upward-climbing, price projections, and what experts predict for the rest of this year.

Ethereum Price Prediction for 2022: Between $500 and $4,500

We asked several experts their ethereum price…