Ethereum (ETH)

Verified✓

Loading...

About ETH

Ethereum (ETH) is an open-source, decentralized blockchain platform that enables developers to build and deploy decentralized applications (dApps) and smart contracts. Created by Vitalik Buterin and launched in 2015, Ethereum introduced the concept of 'programmable money' by allowing developers to write code that runs on the blockchain, unlocking countless possibilities beyond simple transactions. Ethereum's native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. As the foundation for much of the decentralized finance (DeFi) and NFT ecosystems, Ethereum continues to be a leader in blockchain technology, undergoing major upgrades like the shift to Proof of Stake (PoS) to improve scalability, security, and sustainability. With a thriving developer community and extensive infrastructure, Ethereum remains one of the most influential and widely adopted blockchains.

Convert Fiat to Ethereum

USD ($)

ETH

Fact Sheet

Website
Explorer
Exchanges

Wallet
Social Media
Blockchains

Ethereum Price Prediction

Overview

The price of Ethereum is anticipated to experience a notable increase over the next 30 days. Forecasts indicate that Ethereum's value could reach approximately $2939.28 by early August 2025. As the second-largest cryptocurrency by market capitalization, Ethereum remains a crucial player in the decentralized finance (DeFi) ecosystem and non-fungible tokens (NFTs), consistently attracting interest from various investors.

Recent Market Behavior

Recent market behavior has shown volatility, reflecting broader economic conditions. The price has fluctuated significantly, with a low recorded around $2405 and a recent high near $2808. These fluctuations underscore Ethereum's resilience and the various forces at play in the crypto market. Currently, technical analysis shows that Ethereum is facing challenges at certain resistance levels which, if breached, could spearhead a bullish trend.

Technical Forecast

Current Ethereum support levels are identified around $2400, which have acted as a safety net during recent dips. A firm bounce from this level may signal a bullish reversal. Conversely, Ethereum resistance levels today hover near the $2800 mark. A successful breach here could catalyze a rally toward the predicted price target of $2939.28, indicating optimism among market participants. The Relative Strength Index (RSI) also hints at a potential upward momentum, suggesting that a bullish trend may materialize.

Key Factors Impacting Ethereum's Price

Several key factors are influencing Ethereum's price trajectory. First, upgrades to the Ethereum network, aimed at improving scalability and lower transaction fees, are key drivers of future demand. Additionally, macroeconomic conditions, such as interest rate changes and market sentiment towards cryptocurrencies, play crucial roles as well. Institutional investments into Ethereum and its adoption in smart contracts further contribute to its long-term bullish outlook.

Conclusion

In summary, the combination of solid support levels, potential breaking of resistance points, and positive macro indicators suggest an upward trajectory for Ethereum in the upcoming month. Technical analysis, alongside market sentiment, supports a bullish outlook. Therefore, the final rating indicates a bullish sentiment of 85 on a scale of 0 to 100, forecasting an optimistic scenario for Ethereum's price in the near future.

Final Rating: 85

News

BloFin WOW (War of Whales) 2025 Grand Prix Opens Registration for $4.2M Trading Championship and Tesla Cybertruck Prize

This content is provided by a sponsor. PRESS RELEASE. Road Town, Virgin Islands, July 3, 2025 – BloFin, a leading global cryptocurrency exchange, has officially launched registration for its blockbuster trading competition: the WOW(War of Whales) 2025 Grand Prix. With…

$180 Million Hacked From Brazilian Banking System: Attackers Cashed out Using Crypto

According to local media, this may be the largest hack ever perpetrated against the Brazilian banking system. Attackers leveraged USDT and bitcoin to cash out through exchanges and crypto institutions, using instant payment systems such as Pix. Brazilian Banking System…

3 Meme Coins That Could Rival Shiba Inu’s (SHIB) 2021 Breakout, Little Pepe (LILPEPE) Leads The List

This content is provided by a sponsor. PRESS RELEASE. As the crypto market revs up for a 2025 bull run, meme coins are stealing the spotlight, with three standouts poised to rival SHIB’s breakout in 2021: Little Pepe (LILPEPE), Bonk…

One Big Beautiful Bill Narrowly Passes Senate

The controversial bill now heads to the House of Representatives where it will also likely be vigorously debated. Close Call: Controversial ‘One Big Beautiful Bill’ Barely Clears Senate U.S. President Donald Trump’s so-called “one big beautiful bill (OBBB),” narrowly eked…

Hut 8 Secures Major Power Contracts in Canada

Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). Hut 8 Joint Venture Entity Wins IESO Auction The energy infrastructure platform Hut…

Frequently Asked Questions about Ethereum

What is Ethereum (ETH)?

Ethereum (ETH) is a decentralized platform that enables developers to build and deploy decentralized applications and smart contracts. Known as the second-largest blockchain after Bitcoin, Ethereum supports programmable transactions and is widely used in DeFi and NFTs.

How does Ethereum work?

Ethereum operates on a blockchain that uses smart contracts—self-executing programs that run on the network. These contracts enable decentralized applications (dApps) and support a variety of use cases, from finance to gaming.

What is Ether (ETH) used for?

Ether (ETH) is the native cryptocurrency of Ethereum, used primarily to pay transaction fees and computational costs for running dApps and smart contracts on the network. It also serves as an asset in DeFi protocols.

How is Ethereum different from Bitcoin?

While Bitcoin is focused on being a digital currency, Ethereum is a programmable blockchain that allows for decentralized applications and smart contracts, which enable more complex functionality and use cases beyond payments.

What is Ethereum's Proof of Stake (PoS) consensus?

Ethereum recently transitioned from Proof of Work (PoW) to Proof of Stake (PoS), an upgrade designed to improve scalability, security, and environmental sustainability by reducing the energy-intensive mining process.

What are smart contracts?

Smart contracts are self-executing programs that run on Ethereum's blockchain. They enable secure, transparent, and automated agreements without intermediaries, which has led to the growth of decentralized finance and other innovative applications.

Where can I buy and store Ethereum?

You can buy ETH on most cryptocurrency exchanges and store it in various wallets, including MetaMask, MyEtherWallet, and Trust Wallet, which provide secure storage and easy access to Ethereum-based assets.

What are some popular applications on Ethereum?

Ethereum hosts a wide range of applications, including decentralized exchanges, DeFi protocols like Uniswap and Aave, and NFT marketplaces like OpenSea. It supports a thriving ecosystem of dApps and services.