The Ethereum price plunged 15% during the past 7 days. It is among the cryptocurrencies doing very well in February but was hard-hit by the recent market crash. The huge drop was caused by the market forces, but the slowing demand for the Ethereum coins could also be the reason .
Read moreWhy Ethereum is going up today?
One of the primary reasons for the rise in the price of Ethereum is the surging popularity of DeFi (Decentralized Finance). Ethereum hosts a lot of DeFi projects on its blockchain network with most of the activities including DeFi happening on it.
Read moreHow much did Ethereum go up today?
ETH Price Statistics Ethereum Price$3,143.83Price Change24h$44.27 1.43%24h Low / 24h High$3,091.83 / $3,146.83Trading Volume24h$8,805,647,092.44 48.23%Volume / Market Cap0.02332Ethereum price today, ETH to USD live, marketcap and chart coinmarketcap.com › currencies › ethereum
Read moreIs now a good time to buy Ethereum?
But despite the volatility, Ethereum has lots of potential in the coming years as it continues to be a foundational part of DeFi and its blockchain gets faster and more efficient. With Ethereum’s price now far below its past highs, now could be a great time to start a position in this digital currency.
Read moreWhat will Ethereum cost in 2021?
Conclusion: Is Ethereum a Good Investment and How Much Will ETH Be Worth? YearPotential HighPotential Low2021$14,000$1,4402022$10,000$1,4402023$7,200$2,6002024 – 2025$41,000$4,500Ethereum (ETH) Price Prediction 2022, 2023, 2025-2030 | PrimeXBT primexbt.com › for-traders › ethereum-price-prediction-forecast
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