Coinpedia predicts an even higher price of $12,962.33 in 2022 if Ethereum’s upcoming transition to Ethereum 2.0 is successful . The new upgrades could potentially make Ethereum more affordable for users to mint and develop products, as right now the service fees to use Ethereum are notoriously high.
Read moreWhat will happen to my Ethereum when 2.0 comes out?
Ethereum 2.0 will involve sharding to drastically increase network bandwidth and reduce gas costs, making it cheaper to send Ethereum, tokens, and interact with smart contracts . There will be fundamental economic changes too, Ethereum 2.0 will allow supports to staking nodes and earn Ethereum as passive income.
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