Ethereum is still in the midst of a revival attempt following a rocky beginning to 2025 so far. Ethereum might be shooting for $10,000. As difficult of a target as that is, it may start to come within reach of the next Bitcoin halving, projected to be in about 2028. Ethereum is used to Bitcoin halving events, which have historically been followed by explosive markets, including the major crypto bull runs of 2017 and 2020.
Ethereum has seen tremendous growth in the number of weekly unique addresses interacting with its ecosystem. Ethereum’s price reached as high as $4,000 in 2021. Ethereum needs to more than five x from here to reach the $10,000 goal. At the moment, prices are between $1,800 and $2,000.
Technical Analysis and Price Targets
Taking out near-term levels of $2,000, $2,300 and then $2,533 is very important for Ethereum to extend its recent rally. If these resistance levels were to be overcome, it would be a signal of bullish momentum and greater investor confidence. Ethereum has to hold above these levels on a daily basis. Only by actually doing so will it realize its full potential to go much higher price points.
Ethereum’s price movements have always been largely correlated with broader market sentiment and what Bitcoin is doing. As we’ve seen repeat themselves in 2013, 2017, and 2021, the Bitcoin halving can create “supercycles” which should be extremely beneficial to Ethereum as the top altcoin. Over these times, billions of dollars of fresh capital poured into the cryptocurrency marketplace. This explosion in capital caused the price of Bitcoin and Ethereum to skyrocket.
Successfully charting all of these technical waters is imperative for Ethereum. Together with other favorable macroeconomic conditions, this will prove critical in achieving our $10,000 goal.
Ethereum's Scalability and Upgrades
Vitalik Buterin has proposed reducing the execution layer’s role in the ecosystem to make the requirements on it more friendly for Ethereum’s scalability ambitions and user experience. These proposals are a good starting point to address the network’s existing shortcomings. In addition, they increase its ability to handle more and more transactions and users. If they roll out successfully, these proposals would make Ethereum much more friendly and help spur even greater adoption.
The upcoming Pectra upgrade takes dead aim, of course, at improving network efficiency – something that’s central to Ethereum’s current state. By improving different features of the network’s design, the Pectra upgrade aims to lower transactional expenses and boost transactions per second. Perhaps most significant to Ethereum’s long-term success, this upgrade will help keep Ethereum competitive as the race heats up among numerous other blockchain platforms.
Naturally, Ethereum’s upgrades and developments need to be successful for any ambitious Ethereum price prediction targeting $10,000 to hold water. Technological innovations are key to ensuring efficient operations as the network continues to expand. Because of this, they make a massive impact on attracting and retaining users and developers.
Competition and Alternative Opportunities
Ethereum’s biggest competitor, Solana, has managed to attract a large share of user activity and DEX volume. And naturally, Solana’s high speeds paired with low cost transactions have been undeniably attractive. As such, it has become the platform of choice for users seeking faster and cheaper blockchain alternatives. Ethereum will have to be restless in its pursuit of innovation and improvement on its own scalability to ensure it is the leading platform for decentralized applications.
Oliver Dale, Editor-in-Chief of MoneyCheck, has offered deep analysis on Ethereum, discussing not only its promise but the many challenges it needs to overcome. As MoneyCheck’s analysis points out, how Ethereum labors through these issues will be essential in deciding its price path going forward.
Remittix (RTX) is another opportunity coming up that has greater potential for percentage returns faster than Ethereum’s long-term path. Though Ethereum is definitely focused on achieving great returns on the long-time horizon, Remittix holds out the promise of quicker profit taking for investors.
