First Time in 8 Months: Ethereum (ETH) Addresses in Profit Plunge to 53% (2024)

FAQs

First Time in 8 Months: Ethereum (ETH) Addresses in Profit Plunge to 53%? ›

First Time in 8 Months: Ethereum (ETH) Addresses in Profit Plunge to 53% The figure has sunk to the levels registered on January 12, 2023. According to the blockchain intelligence platform Glassnode, the percentage of Ethereum addresses currently in profit has dropped to approximately 53.5%.

ETH Price Predictions: For June 2024, Ethereum price is expected to trade between $3700 to $4000, with significant resistance anticipated between $4000 and $4230; breaching this range could lead to new all-time highs, while $3500 is expected to serve as strong support.

How profitable has Ethereum been over the last five years? If you had put $300 into Ethereum five years ago, you'd have roughly $5,600 today. That's a 1,770% return, even higher than Bitcoin's 1,000% performance over the same period. The S&P 500, for comparison, increased in value by just 87%.

At a price of $166,000, six ETH would be worth roughly $1 million.

While Ethereum can hit $100,000 after 2030, it is not realistic to expect ETH to reach 100k before 2030. It's nearly impossible. There is no path for Ethereum to hit 100k before 2030, it's impossible. ETH can realistically hit $10,000 in the coming years, either in 2025 or in 2026.

Can ethereum reach $50,000? Ethereum prices could surpass $50,000 by 2030 in a best-case scenario, according to VanEck.

ETH Price Prediction 2026

In 2026, ETH price predictions suggest a support level at $2,294.03 and a maximum resistance level at $4,861.07.

According to Cryptonewz, by the end of the current year 2024, ETH will touch $5,000. By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500.

Is it worth putting $100 in Ethereum? ›

Absolutely! $100 is a great way to begin your Ethereum investment journey.

It's been a strange year for Ethereum (CRYPTO: ETH). The world's second-largest crypto exploded out of the gate early, soaring from $2,200 in January to $4,000 by mid-March.

If you had invested $1,000 at $0.31 per coin, you'd have owned 3,225.81 ETH coins. At today's pricing, that would be worth $10,183,871.

For many investors, billionaire Mark Cuban may be best known as one of the investors on the popular ABC program Shark Tank. But for crypto enthusiasts, Cuban is best known as a champion of Bitcoin, Ethereum, and Dogecoin during the previous crypto bull market rally.

At one of these events, Wood asserted that Ethereum could reach a market capitalization of $20 trillion by 2032. The current market cap of ETH is around $400 billion and has approached $500 billion in 2024.

By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21. The current price of 1 Ethereum is $ 3,115.47726196.

13, 2018, when ETH hit its all-time high of 1,432.88 and that $1000 investment would have turned into $1.67 million. Five years later to press-time and the $1,000 would be worth $709,740.70. The returns may not be as impressive, like those in 2018, but it is still a whopping 70,974% gain.

According to Cryptonewz, by the end of the current year 2024, ETH will touch $5,000. By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500.