Why Ethereum Price is Up 0.87% Today as ETH Trades At $3088?
Highlights
- Ethereum price today is up 0.80% after a crashing 11% in the past three days.
- A recovery could be likely as BTC finds a potential support level.
- Between 2030 to 2050, Ether prices will reach between $250k.
Ethereum (ETH) price today trades at $3,101.2 as of 11 PM. Ether prices hit a daily high of $3,130.2 today after rising 1.72% on December 5.
Why is Ethereum Price Up Today?
The Ethereum price trades at $3,042 after crashing nearly 11% in the past three days. As of Novemeber 15, ETH is up 0.87%. This downtick is not in line with Bitcoin, which is up 0.52% today. This shows weakness among altcoins despiet the steady uptrend with BTC. If this trend keeps up value of ETH could suffer another drop soon.
Ethereum Price Chart
*Ethereum price updated as of 11 PM.
Ethereum’s innovative smart contract technology has made it a standout altcoin since its inception in 2015. Continuous major network upgrades ensure Ethereum stays ahead in smart contract innovation. The latest upgrade, Cancun, launched on March 13, 2024.
Historical Ethereum Price Data
The year-to-date (YTD) performance of ETH is 33.17%, after hitting nearly 50% just three days ago. As of December 5, 2024, if you invested $10,000 in ETH on January 1, 2024, your portfolio, after 316 days, would be up roughly $3,317. Regardless Ethereum’s market capitalization stands at $373.5 billion.
Ethereum is the Second-Largest Crypto By Market Cap
Ethereum ranks second in market capitalization, valued at $373.5 billion, after Bitcoin’s $1.73 trillion. Together, they comprise 83% of the crypto market.
- Solana (SOL): $98.8 billion
- Ripple (XRP): $89.8 billion
Despite this recent downtick and recovery, the 24-hour trading volume of Ethereum is $32.6 billion.
Ethereum’s Humongous Share of Crypto Trading Volume
The 24-hour trading volume of Ethereum is $32.6 billion. Binance is the largest contributer to this trading volume – about 11% is contributed by spot trading and nearly 40% from futures trading. Exchanges like OKX, Bitget, ByBit follow Binance.
Ethereum Upgrades to a PoS Blockchain
The London hard fork is a significant Ethereum blockchain upgrade. It changed the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Ethereum co-founder Vitalik Buterin recently shared his thoughts on X (formerly Twitter). He explained how Proof-of-Stake (PoS) is more decentralized than Proof-of-Work (PoW).
Important Ethereum Blockchain Upgrades in The Past 5 Years
Here are some of the critical upgrades in the past 5 years that have shaped and kept Ethereum as the second-largest crypto by market capitalization.
2024
- Cancun-Deneb (“Dencun”)
2023
- Shanghai-Capella (“Shapella”)
2022
- Paris (The Merge)
- Bellatrix
- Gray Glacier
2021
- Arrow Glacier
- Altair
- London
- Berlin
2020
- Beacon Chain genesis
- Staking deposit contract deployed
- Muir Glacier
ETH Gas & Its Influence on Ethereum Price
Ethereum’s upgrade aims to solve the blockchain trilemma: balancing decentralization, security, and scalability. The switch to Proof-of-Stake (PoS) enhanced these aspects. Post-upgrade, Ethereum’s transaction fees (gas fees) plummeted, drawing more investors. Gas fees are like taxes, measured in Gwei, required for secure transactions.
As of December 5, the gas fee for a transaction on the ETH network as of 11 PM is 15.84 Gwei.
When Ethereum’s on-chain value grows, presenting opportunities, investors flock, driving gas fees up. This typically occurs during market upswings, peaking at all-time highs.
Ethereum Price Prediction & Trends
Despite the ongoing uptrend in Bitcoin, Ethereum continues to lag behind BTC, with only a select few altcoins shooting higher. If ETH manages to break out of this slump, it could trigger a rally toward $3,500.
Ethereum prices 2024
As of ‘December 5, here are some popular cryptocurrencies’ price-performance comparisons. The one-month performance shows Ether is up 15.37%, while year-to-date returns show ETH at 31.38%
As seen from the above year-to-date (YTD) price performance chart, Ethereum is clearly the worst-performing asset when paired with DOGE, SUI, SOL, and even BTC.
Ethereum Price Outlook For Next 7 Days
| Date | Price | Change |
|---|---|---|
| December 05, 2025 | 3169.72 | 0.01% |
| December 06, 2025 | 3204.93 | 1.12% |
| December 07, 2025 | 3272.22 | 3.24% |
| December 08, 2025 | 3404.45 | 7.41% |
| December 09, 2025 | 3492.44 | 10.19% |
| December 10, 2025 | 3557.77 | 12.25% |
| December 11, 2025 | 3461.28 | 9.2% |
| December 12, 2025 | 3404.11 | 7.4% |
| December 13, 2025 | 3432.23 | 8.29% |
| December 14, 2025 | 3532.53 | 11.45% |
| December 15, 2025 | 3671.12 | 15.83% |
| December 16, 2025 | 3727.57 | 17.61% |
| December 17, 2025 | 3775.55 | 19.12% |
| December 18, 2025 | 3807.99 | 20.14% |
| December 19, 2025 | 3792.65 | 19.66% |
| December 20, 2025 | 3751.06 | 18.35% |
| December 21, 2025 | 3716.50 | 17.26% |
| December 22, 2025 | 3656.93 | 15.38% |
| December 23, 2025 | 3540.42 | 11.7% |
| December 24, 2025 | 3414.44 | 7.73% |
| December 25, 2025 | 3283.06 | 3.58% |
| December 26, 2025 | 3310.92 | 4.46% |
| December 27, 2025 | 3328.10 | 5% |
| December 28, 2025 | 3307.81 | 4.36% |
| December 29, 2025 | 3309.88 | 4.43% |
| December 30, 2025 | 3325.14 | 4.91% |
| December 31, 2025 | 3370.34 | 6.34% |
| January 01, 2026 | 3424.82 | 8.05% |
| January 02, 2026 | 3498.89 | 10.39% |
| January 03, 2026 | 3537.80 | 11.62% |
Based on CoinGagpe’s Ethereum price predictions, investors can expect ETH to trade around $2,712, a near-7% uptick in the next week. In a month, Ether could be trading at $2,759, slightly higher than from a week ago.
Ethereum Price Forecast Between 2025 & 2029
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $3,184.38 | $3,785.47 | $3,484.93 | 10% |
| February | $3,199.04 | $3,762.96 | $3,481.01 | 9.8% |
| March | $3,213.71 | $3,740.44 | $3,477.08 | 9.7% |
| April | $3,228.37 | $3,717.93 | $3,473.15 | 9.6% |
| May | $3,243.03 | $3,695.41 | $3,469.22 | 9.5% |
| June | $3,257.69 | $3,672.90 | $3,465.30 | 9.3% |
| July | $3,272.35 | $3,650.38 | $3,461.37 | 9.2% |
| August | $3,287.01 | $3,627.86 | $3,457.44 | 9.1% |
| September | $3,301.68 | $3,605.35 | $3,453.51 | 9% |
| October | $3,316.34 | $3,582.83 | $3,449.59 | 8.8% |
| November | $3,331 | $3,560.32 | $3,445.66 | 8.7% |
| December | $3,345.66 | $3,537.80 | $3,441.73 | 8.6% |
| All Time | $3,265.02 | $3,661.64 | $3,463.33 | 9.3% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $3,638.26 | $3,830.56 | $3,834.66 | 21% |
| February | $3,930.85 | $4,123.32 | $4,227.59 | 33.4% |
| March | $4,223.45 | $4,416.08 | $4,620.52 | 45.8% |
| April | $4,516.04 | $4,708.84 | $5,013.44 | 58.2% |
| May | $4,808.64 | $5,001.60 | $5,406.37 | 70.6% |
| June | $5,101.23 | $5,294.36 | $5,799.30 | 83% |
| July | $5,393.83 | $5,587.12 | $6,192.23 | 95.4% |
| August | $5,686.42 | $5,879.88 | $6,585.16 | 107.8% |
| September | $5,979.02 | $6,172.64 | $6,978.09 | 120.2% |
| October | $6,271.61 | $6,465.40 | $7,371.01 | 132.6% |
| November | $6,564.21 | $6,758.16 | $7,763.94 | 145% |
| December | $6,856.80 | $7,050.92 | $8,156.87 | 157.4% |
| All Time | $5,247.53 | $5,440.74 | $5,995.76 | 89.2% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $7,149.39 | $7,350.84 | $8,465.25 | 167.1% |
| February | $7,441.98 | $7,650.76 | $8,773.63 | 176.8% |
| March | $7,734.58 | $7,950.68 | $9,082.02 | 186.6% |
| April | $8,027.17 | $8,250.59 | $9,390.40 | 196.3% |
| May | $8,319.76 | $8,550.51 | $9,698.78 | 206% |
| June | $8,612.35 | $8,850.43 | $10,007.16 | 215.8% |
| July | $8,904.94 | $9,150.35 | $10,315.54 | 225.5% |
| August | $9,197.53 | $9,450.27 | $10,623.92 | 235.2% |
| September | $9,490.13 | $9,750.19 | $10,932.31 | 245% |
| October | $9,782.72 | $10,050.10 | $11,240.69 | 254.7% |
| November | $10,075.31 | $10,350.02 | $11,549.07 | 264.4% |
| December | $10,367.90 | $10,649.94 | $11,857.45 | 274.1% |
| All Time | $8,758.65 | $9,000.39 | $10,161.35 | 220.6% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $10,822.05 | $11,116.09 | $12,335.81 | 289.2% |
| February | $11,276.20 | $11,582.24 | $12,814.16 | 304.3% |
| March | $11,730.36 | $12,048.39 | $13,292.52 | 319.4% |
| April | $12,184.51 | $12,514.53 | $13,770.87 | 334.5% |
| May | $12,638.66 | $12,980.68 | $14,249.23 | 349.6% |
| June | $13,092.81 | $13,446.83 | $14,727.59 | 364.7% |
| July | $13,546.96 | $13,912.98 | $15,205.94 | 379.8% |
| August | $14,001.11 | $14,379.13 | $15,684.30 | 394.9% |
| September | $14,455.27 | $14,845.28 | $16,162.65 | 410% |
| October | $14,909.42 | $15,311.42 | $16,641.01 | 425.1% |
| November | $15,363.57 | $15,777.57 | $17,119.36 | 440.2% |
| December | $15,817.72 | $16,243.72 | $17,597.72 | 455.3% |
| All Time | $13,319.89 | $13,679.90 | $14,966.76 | 372.3% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $16,393.04 | $16,837.69 | $18,389.61 | 480.3% |
| February | $16,968.36 | $17,431.66 | $19,181.51 | 505.2% |
| March | $17,543.69 | $18,025.62 | $19,973.40 | 530.2% |
| April | $18,119.01 | $18,619.59 | $20,765.30 | 555.2% |
| May | $18,694.33 | $19,213.56 | $21,557.19 | 580.2% |
| June | $19,269.65 | $19,807.53 | $22,349.09 | 605.2% |
| July | $19,844.97 | $20,401.49 | $23,140.98 | 630.2% |
| August | $20,420.29 | $20,995.46 | $23,932.87 | 655.2% |
| September | $20,995.62 | $21,589.43 | $24,724.77 | 680.2% |
| October | $21,570.94 | $22,183.40 | $25,516.66 | 705.1% |
| November | $22,146.26 | $22,777.36 | $26,308.56 | 730.1% |
| December | $22,721.58 | $23,371.33 | $27,100.45 | 755.1% |
| All Time | $19,557.31 | $20,104.51 | $22,745.03 | 617.7% |
In a long-term outlook between 2025 and 2029, Ethereum price will end its ongoing slump and kickstart a bull rally. Based on Coingape’s forecasts, Ether prices could hover between $2,500 and $2,700 in 2025, but go as high as $22,900 in 2030.
Ethereum Prices Forecast Between 2030 & 2050
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $23,533.47 | $24,226.45 | $28,109.92 | 787% |
| February | $24,345.36 | $25,081.58 | $29,119.39 | 818.8% |
| March | $25,157.25 | $25,936.70 | $30,128.86 | 850.7% |
| April | $25,969.14 | $26,791.83 | $31,138.32 | 882.5% |
| May | $26,781.03 | $27,646.95 | $32,147.79 | 914.4% |
| June | $27,592.92 | $28,502.08 | $33,157.26 | 946.2% |
| July | $28,404.80 | $29,357.20 | $34,166.73 | 978.1% |
| August | $29,216.69 | $30,212.32 | $35,176.20 | 1009.9% |
| September | $30,028.58 | $31,067.45 | $36,185.67 | 1041.8% |
| October | $30,840.47 | $31,922.57 | $37,195.13 | 1073.6% |
| November | $31,652.36 | $32,777.70 | $38,204.60 | 1105.5% |
| December | $32,464.25 | $33,632.82 | $39,214.07 | 1137.3% |
| All Time | $27,998.86 | $28,929.64 | $33,661.99 | 962.2% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $33,651.31 | $34,862.64 | $40,691.34 | 1184% |
| February | $34,838.37 | $36,092.46 | $42,168.61 | 1230.6% |
| March | $36,025.44 | $37,322.27 | $43,645.87 | 1277.2% |
| April | $37,212.50 | $38,552.09 | $45,123.14 | 1323.8% |
| May | $38,399.56 | $39,781.91 | $46,600.41 | 1370.4% |
| June | $39,586.62 | $41,011.73 | $48,077.68 | 1417% |
| July | $40,773.68 | $42,241.54 | $49,554.94 | 1463.6% |
| August | $41,960.74 | $43,471.36 | $51,032.21 | 1510.3% |
| September | $43,147.81 | $44,701.18 | $52,509.48 | 1556.9% |
| October | $44,334.87 | $45,931 | $53,986.75 | 1603.5% |
| November | $45,521.93 | $47,160.81 | $55,464.01 | 1650.1% |
| December | $46,708.99 | $48,390.63 | $56,941.28 | 1696.7% |
| All Time | $40,180.15 | $41,626.63 | $48,816.31 | 1440.3% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $48,305.91 | $50,049.04 | $59,056.56 | 1763.4% |
| February | $49,902.83 | $51,707.45 | $61,171.84 | 1830.2% |
| March | $51,499.75 | $53,365.86 | $63,287.12 | 1896.9% |
| April | $53,096.67 | $55,024.27 | $65,402.40 | 1963.7% |
| May | $54,693.59 | $56,682.68 | $67,517.68 | 2030.4% |
| June | $56,290.51 | $58,341.09 | $69,632.96 | 2097.2% |
| July | $57,887.42 | $59,999.50 | $71,748.23 | 2163.9% |
| August | $59,484.34 | $61,657.91 | $73,863.51 | 2230.7% |
| September | $61,081.26 | $63,316.32 | $75,978.79 | 2297.4% |
| October | $62,678.18 | $64,974.73 | $78,094.07 | 2364.1% |
| November | $64,275.10 | $66,633.14 | $80,209.35 | 2430.9% |
| December | $65,872.02 | $68,291.55 | $82,324.63 | 2497.6% |
| All Time | $57,088.96 | $59,170.30 | $70,690.59 | 2130.5% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $68,446.80 | $70,949.25 | $85,104.07 | 2585.3% |
| February | $71,021.58 | $73,606.95 | $87,883.51 | 2673% |
| March | $73,596.36 | $76,264.65 | $90,662.95 | 2760.7% |
| April | $76,171.13 | $78,922.35 | $93,442.38 | 2848.4% |
| May | $78,745.91 | $81,580.05 | $96,221.82 | 2936.1% |
| June | $81,320.69 | $84,237.75 | $99,001.26 | 3023.8% |
| July | $83,895.47 | $86,895.44 | $101,780.70 | 3111.5% |
| August | $86,470.25 | $89,553.14 | $104,560.14 | 3199.2% |
| September | $89,045.03 | $92,210.84 | $107,339.58 | 3287% |
| October | $91,619.80 | $94,868.54 | $110,119.01 | 3374.7% |
| November | $94,194.58 | $97,526.24 | $112,898.45 | 3462.4% |
| December | $96,769.36 | $100,183.94 | $115,677.89 | 3550.1% |
| All Time | $82,608.08 | $85,566.59 | $100,390.98 | 3067.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $101,395.21 | $105,193.14 | $119,980.33 | 3685.8% |
| February | $106,021.07 | $110,202.34 | $124,282.77 | 3821.6% |
| March | $110,646.92 | $115,211.53 | $128,585.21 | 3957.3% |
| April | $115,272.77 | $120,220.73 | $132,887.65 | 4093.1% |
| May | $119,898.62 | $125,229.93 | $137,190.09 | 4228.8% |
| June | $124,524.48 | $130,239.13 | $141,492.54 | 4364.6% |
| July | $129,150.33 | $135,248.32 | $145,794.98 | 4500.4% |
| August | $133,776.18 | $140,257.52 | $150,097.42 | 4636.1% |
| September | $138,402.03 | $145,266.72 | $154,399.86 | 4771.9% |
| October | $143,027.89 | $150,275.92 | $158,702.30 | 4907.6% |
| November | $147,653.74 | $155,285.11 | $163,004.74 | 5043.4% |
| December | $152,279.59 | $160,294.31 | $167,307.18 | 5179.1% |
| All Time | $126,837.40 | $132,743.72 | $143,643.76 | 4432.5% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $155,201.62 | $163,466.80 | $171,147.56 | 5300.3% |
| February | $158,123.65 | $166,639.29 | $174,987.95 | 5421.5% |
| March | $161,045.69 | $169,811.78 | $178,828.33 | 5542.7% |
| April | $163,967.72 | $172,984.27 | $182,668.72 | 5663.9% |
| May | $166,889.75 | $176,156.76 | $186,509.10 | 5785% |
| June | $169,811.78 | $179,329.26 | $190,349.49 | 5906.2% |
| July | $172,733.81 | $182,501.75 | $194,189.87 | 6027.4% |
| August | $175,655.84 | $185,674.24 | $198,030.25 | 6148.6% |
| September | $178,577.88 | $188,846.73 | $201,870.64 | 6269.7% |
| October | $181,499.91 | $192,019.22 | $205,711.02 | 6390.9% |
| November | $184,421.94 | $195,191.71 | $209,551.41 | 6512.1% |
| December | $187,343.97 | $198,364.20 | $213,391.79 | 6633.3% |
| All Time | $171,272.80 | $180,915.50 | $192,269.68 | 5966.8% |
Betweem 2023 and 2050, Ethereum price will most likely follow the bullish outlook and aim for the six-digit territory. The highest price of Ether in 2050 based on CoinGape forecasts is $126,482.21.
Ethereum Price Lags as BTC and SOL Out perform ETH
As noted above, ETH is the third worst performer when comapring YTD returns with popular crypto like Solana, Shiba Inu, Dogecoin and so on. In the past three months, however, this outlook does not change.
While Bitcoin yielded 49.21% returns in the past three months, SUI took the first spot with 260.75% gain. DOGE is the second best performer in the past three months with a return of 260.35%.
Why Ethereum Price Performance in 2024 is Disappointing
The launch of spot Bitcoin ETFs has reduced Ethereum’s volatility, appealing to traditional investors. Additionally, Ethereum’s static prices despite its ETF launch may be due to lacking a compelling narrative for traditional investors. To make matters worse, Solana, dubbed the “Ethereum-killer,” saw a significant 2024 comeback, attracting investors with its potential to outperform Ethereum. Lastly, Solana’s high throughput, low fees, and meme coin launches drew liquidity from Ethereum, leading investors to favor Solana over the slower, more expensive Ethereum blockchain
Considering the above key points, it’s no surprise that the price of Ethereum lags behind BTC.
Ethereum ETFs Have Little Impact on ETH Price
The launch of spot Ethereum ETFs have not helped ETH price in anyways. Unlike the spot Bitcoin ETF that kickstarted the BTC bull run Ether remained lull for the most part with an uptick in the recent past. The cumulative spot Ethereum ETF flows hover around $485.28 million with October 24 $238 million. The daily ETF flow as of November 14 stands at -$3.24 million.
With Bitcoin price showing signs of breaching $93K, Ethereum price also looks promising.
Recent Posts
- Crypto News
Bitcoin Eyes Fresh Demand as Indiana Advances Bill for Crypto Investments
Indiana is on the brink of becoming one of the most crypto-friendly states in the…
- Crypto News
Crypto Bill Markup Unlikely This Month Amid DeFi, Stablecoin Yield and Conflict Disputes, Expert Says
Momentum behind a landmark Senate crypto bill has weakened as negotiators grapple with three unresolved…
- Bitcoin News
Breaking: U.S. PCE Inflation Rises To 2.8%, Bitcoin Falls
The September U.S. PCE inflation data came in line with expectations, further strengthening the case…
- Crypto News
Michael Saylor Opposes Zcash-Style Privacy for Bitcoin, Citing Shutdown Risk
Zcash co-founder Eli Ben-Sasson has revealed a conversation he had with Strategy's co-founder Michael Saylor,…
- Crypto News
Crypto Exchange Bitget Unveils Major GetAgent AI Overhaul With Faster Insights
Bitget has rolled out a significant update to its AI trading assistant Getagent. The enhancement…
- Cryptocurrency Exchange Reviews
8 Best Crypto Exchanges in Kenya for Investors and Traders in 2025
Crypto adoption in Kenya is soaring in 2025, driven by cross-border payments, savings, remittances, online…