Ethereum had an impressive performance at the beginning of the year, setting even higher sights with many events on the horizon. The asset’s price is over 52% higher than the previous year, and there’s no doubt that it has lots of potential, thanks to its use cases and incredible features, differentiating itself from Bitcoin, particularly through smart contracts – a piece of code that automatically executes once some pre-established requirements have been met. Launched in 2014, Ethereum has undergone many updates and transformations and has successfully maintained its position as the top smart contract blockchain, even if newer projects have emerged as robust competitors. 

Considering these aspects, it’s not surprising that industry enthusiasts and investors are interested in learning how to buy ethereum p2p and whether it can genuinely sustain its momentum, or it will instead see a correction. In the article below, we dive into some predictions about the 2nd largest cryptocurrency in the world, so keep reading! 

Everyone in the crypto market expects the market to go bullish in the next few months, especially after the all-time highs BTC saw due to the halving event in April. This positive sentiment and major events, such as the launch of Ethereum ETFs, could catalyze Ethereum’s price and push toward a new ATH later this year. Furthermore, the macroeconomic factors in the U.S. seem to be improving, as the Fed is expected to cut the interest rate at least once in the following four meetings. Besides, the SEC has cleared the road for secure ETH investing as they are no longer continuing with the investigation of Ethereum 2.0. 

However, it’s worth noting that crypto price predictions are always uncertain because many factors could instantly change the asset’s future trajectory. For instance, macroeconomic factors could prevent top crypto assets from achieving new ATHs. In a positive scenario, the ETH price could be tracked along with BTC, achieving new ATHs of $6,500. On the other hand, a more pessimistic scenario would see ETH struggling to achieve such a massive price, and if the global economic situation sees a downturn, in such a case, the ETH price could be as low as $1,800. 

If the positive scenario comes true, Ethereum will likely push to new ATHs in 2025 as well, and Q1 of the year will be the peak of the bull market. Typically, a bull market leads to less percentage growth from the last ATH of an established digital asset, and that’s because the liquidity required to increase its price boosts along with the maturity of the market. Simply put, the most volatile digital assets are newer and have lower market capitalization. In 2018, Ethereum achieved an ATH of $1,270, representing a 6,600% increase from its ATH in 2016, while the difference between its 2018 and 2021 ATHs was 285%. 

However, ETH’s transition from PoW to PoS has resulted in the introduction of ETH staking, meaning that a staking contract locks more than a quarter of the overall coin supply. This could increase ETH’s responsiveness to price movements, given that less money is needed to move its price up and down. Given this aspect, ETH’s price could increase by 120% from its actual ATH, reaching highs of $8,700 by the end of next year. 

 Predicting Ethereum’s future in the long run is difficult due to the crypto industry’s turbulent nature. On the one hand, it’s possible for Ethereum to experience mass adoption, with companies, governments, and individuals alike relying on the blockchain for smart contracts; on the other hand, Ethereum’s growth could be hindered by the inadequacy of the blockchain trilemma or the smart contract exploits. Without a doubt, the cryptocurrency will continue to experience tribulations, as it has done in the past, but that doesn’t mean Ethereum doesn’t have a bright future. In fact, over the years, it has demonstrated massive value and utility, and many industry enthusiasts believe in its long-term potential. By 2030, Ethereum could be at the peak of a bull run due to the 2028 Bitcoin halving event, but it’s essential to be cautious when it comes to price predictions as many unknown factors could negatively impact its price. 

As discussed previously, many factors could increase the ETH price, but it remains to be seen whether the scenario comes true or not. It’s challenging to make long-term predictions about a crypto project, and you shouldn’t rely solely on predictions when deciding whether to buy ETH or not. Instead, it’s wiser to consider its long-term potential and determine how it fits your investment goals. Investing in Ethereum isn’t just about buying a crypto asset – it also means investing in a platform with myriad applications, including tokenization, DeFi, and much more. The technological advancements and growing adoption of Ethereum, as well as its broadening scope of applications, make it an appealing investment, but investors should approach it with caution and understand the inherent volatility associated with the crypto market. 

What’s most important when deciding whether to buy Ethereum is assessing your financial health, determining whether you’re investing for the long or the short run, and taking the time to evaluate your risk tolerance. Do your research and make sure that you understand Ethereum and all its pros and cons, and if you need support with deciding whether to buy it or not, don’t hesitate to consult a financial advisor who has experience with digital assets and will guide you in this process so that you can make the best decision that supports your financial wellbeing. 

There’s no doubt that Ethereum is one of the most technologically advanced crypto assets, and it will continue to dominate the crypto sector for a long time, alongside Bitcoin. But despite this massive upside, we recommend being cautious when investing in ETH or any other asset, as they carry risks.