Ethereum Price Today Trades at $3,300 as After BTC Tumbles
Highlights
- Ethereum price today shows strength as it hovers around $3,500.
- Unlike other altcoins, ETH's strength amid market correction signals a shift in paradigm.
- If $3,500 hurdle is flipped into a support floor, Ether could revisit $4,000 after 14% rally.
Ethereum (ETH) price trades today at $3,324.4 as of 11 PM. Ether prices hit a daily high of $3,462.5 today after dropping -3.04% on October 16.
Why is Ethereum Price Crashing Today?
While many altcoins fumbled due to Bitcoin’s weekend crash, Ethereum price set up a higher high, signaling renewed strength. However, BTC dropped even lower on Monday and in the early Asian and London trading sessions. Despite this bearish outlook, Ethereum price today is up -3.04% and trades at $3,324.4 with promising signs hinting that the value of ETH could head higher in the near future.
Ethereum Price Chart Today
*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.
Ethereum Price Data
ETH’s year-to-date (YTD) performance continues to increase and currently sits at 33%. This recent slump in Bitcoin price has affected the YTD gains, which have dropped from 50% since November 11. As of October 16, 2024, if you invested $10,000 in ETH on January 1, 2024, your portfolio, after 317 days, would be up roughly $3,317. Ethereum’s market capitalization stands at $399.8 billion.
Ethereum: The Second-Largest Crypto By Market Cap
Ethereum ranks second in market capitalization, valued at $399.8 billion, after Bitcoin’s $1.73 trillion. Together, BTC & ETH’s market capitalization constitutes 83% of the total crypto market cap.
- Solana (SOL): $98.8 billion
- Ripple (XRP): $89.8 billion
- BNB (BNB): $91.0 billion
Despite this recent downtick and recovery, the 24-hour trading volume of Ethereum is $43.2 billion.
Ethereum’s Crypto Trading Volume Soars
The 24-hour trading volume of Ethereum is $43.2 billion. Binance is the largest contributor to this trading volume – about 11% is contributed by spot trading and nearly 40% from futures trading. Exchanges like OKX, Bitget, and ByBit follow Binance.
Ethereum Upgrades to Proof-of-Stake Technology
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).
Notable Ethereum Blockchain Upgrades in 5 Years
Here are some key upgrades in the past five years that shaped Ethereum as the second-largest crypto by market capitalization.
2024:
-
Cancun-Deneb (“Dencun”): This upgrade aimed to improve Ethereum’s scalability, security, and usability, setting the stage for further enhancements.
-
Shanghai-Capella (“Shapella”): Enabled the withdrawal of staked Ether (ETH), marking a significant milestone in Ethereum’s transition to a Proof-of-Stake (PoS) consensus algorithm.
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Paris (The Merge): Successfully transitioned Ethereum from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus algorithm, reducing energy consumption and increasing security.
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Bellatrix: Prepared the Ethereum network for The Merge by introducing the necessary PoS consensus logic.
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Gray Glacier: Delayed the “difficulty bomb” that would have slowed down the network, ensuring a smooth transition to PoS.
-
Arrow Glacier: Delayed the “difficulty bomb” again, providing more time for the transition to PoS.
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Altair: Introduced several improvements to the Beacon Chain, including better validator incentives and enhanced security.
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London: Implemented the highly anticipated EIP-1559, which reformed the transaction fee market, making it more efficient and user-friendly.
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Berlin: Introduced several protocol upgrades, including improved gas efficiency and enhanced security features.
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Beacon Chain genesis: Launched the Beacon Chain, marking the beginning of Ethereum’s transition to PoS.
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Staking deposit contract deployed: Enabled users to deposit ETH and participate in the PoS consensus algorithm.
-
Muir Glacier: Delayed the “difficulty bomb” to ensure a smooth transition to PoS.
How ETH Gas Affects Ethereum Price
The blockchain upgrades Ethereum receives aim to solve the trilemma of blockchain, i.e., balancing decentralization, security, and scalability. The switch to Proof-of-Stake (PoS) enhanced these aspects. Ethereum’s transaction fees (gas fees) plummeted post-upgrade, drawing more investors. Gas fees are like taxes, measured in Gwei, required for secure transactions.
As of October 16, the gas fee for a transaction on the ETH network as of 11 PM is 14 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 Forecast For The Next Week
| Date | Price | Change |
|---|---|---|
| October 16, 2025 | 4098.73 | 0.6% |
| October 17, 2025 | 4144.41 | 1.72% |
| October 18, 2025 | 4229.27 | 3.8% |
| October 19, 2025 | 4400.79 | 8.01% |
| October 20, 2025 | 4518.28 | 10.89% |
| October 21, 2025 | 4603.03 | 12.97% |
| October 22, 2025 | 4490.12 | 10.2% |
| October 23, 2025 | 4403.34 | 8.07% |
| October 24, 2025 | 4439.82 | 8.97% |
| October 25, 2025 | 4556.08 | 11.82% |
| October 26, 2025 | 4735.87 | 16.23% |
| October 27, 2025 | 4821.65 | 18.34% |
| October 28, 2025 | 4887.86 | 19.96% |
| October 29, 2025 | 4929.94 | 21% |
| October 30, 2025 | 4924.88 | 20.87% |
| October 31, 2025 | 4870.93 | 19.55% |
| November 01, 2025 | 4824.47 | 18.41% |
| November 02, 2025 | 4767.78 | 17.02% |
| November 03, 2025 | 4616.65 | 13.31% |
| November 04, 2025 | 4457.32 | 9.4% |
| November 05, 2025 | 4286.91 | 5.21% |
| November 06, 2025 | 4273.57 | 4.89% |
| November 07, 2025 | 4313.25 | 5.86% |
| November 08, 2025 | 4286.94 | 5.22% |
| November 09, 2025 | 4277.16 | 4.98% |
| November 10, 2025 | 4296.94 | 5.46% |
| November 11, 2025 | 4343.85 | 6.61% |
| November 12, 2025 | 4404.11 | 8.09% |
| November 13, 2025 | 4499.53 | 10.43% |
| November 14, 2025 | 4574.12 | 12.26% |
Based on CoinGagpe’s Ethereum price predictions, investors can expect ETH to trade at around $3,373 in the next week. This is a considerate prediction and is in line with the lackluster performance seen since the start of 2024.
How High Can Ethereum Price Go Between 2025 & 2029
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $4,003.41 | $4,916.66 | $4,460.04 | 8% |
| February | $3,799.28 | $4,903.37 | $4,351.33 | 5.4% |
| March | $3,595.16 | $4,890.09 | $4,242.63 | 2.8% |
| April | $3,391.03 | $4,876.80 | $4,133.92 | 0.12% |
| May | $3,186.91 | $4,863.52 | $4,025.22 | -2.5% |
| June | $2,982.78 | $4,850.24 | $3,916.51 | -5.1% |
| July | $2,778.66 | $4,836.95 | $3,807.81 | -7.8% |
| August | $2,574.53 | $4,823.67 | $3,699.10 | -10.4% |
| September | $2,370.41 | $4,810.38 | $3,590.40 | -13% |
| October | $2,166.28 | $4,797.10 | $3,481.69 | -15.7% |
| November | $1,962.16 | $4,783.81 | $3,372.99 | -18.3% |
| December | $1,758.03 | $4,770.53 | $3,264.28 | -20.9% |
| All Time | $2,880.72 | $4,843.59 | $3,862.16 | -6.5% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $2,366.36 | $5,150.24 | $3,968.09 | -3.9% |
| February | $2,974.69 | $5,529.94 | $4,671.90 | 13.1% |
| March | $3,583.02 | $5,909.65 | $5,375.71 | 30.2% |
| April | $4,191.35 | $6,289.35 | $6,079.52 | 47.2% |
| May | $4,799.68 | $6,669.06 | $6,783.33 | 64.3% |
| June | $5,408.02 | $7,048.77 | $7,487.14 | 81.3% |
| July | $6,016.35 | $7,428.47 | $8,190.95 | 98.4% |
| August | $6,624.68 | $7,808.18 | $8,894.76 | 115.4% |
| September | $7,233.01 | $8,187.88 | $9,598.57 | 132.5% |
| October | $7,841.34 | $8,567.59 | $10,302.38 | 149.5% |
| November | $8,449.67 | $8,947.29 | $11,006.19 | 166.6% |
| December | $9,058 | $9,327 | $11,710 | 183.6% |
| All Time | $5,712.18 | $7,238.62 | $7,839.05 | 89.9% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $9,393.58 | $9,679.08 | $12,045.17 | 191.7% |
| February | $9,729.17 | $10,031.17 | $12,380.33 | 199.8% |
| March | $10,064.75 | $10,383.25 | $12,715.50 | 208% |
| April | $10,400.33 | $10,735.33 | $13,050.67 | 216.1% |
| May | $10,735.92 | $11,087.42 | $13,385.83 | 224.2% |
| June | $11,071.50 | $11,439.50 | $13,721 | 232.3% |
| July | $11,407.08 | $11,791.58 | $14,056.17 | 240.4% |
| August | $11,742.67 | $12,143.67 | $14,391.33 | 248.5% |
| September | $12,078.25 | $12,495.75 | $14,726.50 | 256.7% |
| October | $12,413.83 | $12,847.83 | $15,061.67 | 264.8% |
| November | $12,749.42 | $13,199.92 | $15,396.83 | 272.9% |
| December | $13,085 | $13,552 | $15,732 | 281% |
| All Time | $11,239.29 | $11,615.54 | $13,888.58 | 236.4% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $13,563.08 | $14,047.67 | $16,309.92 | 295% |
| February | $14,041.17 | $14,543.33 | $16,887.83 | 309% |
| March | $14,519.25 | $15,039 | $17,465.75 | 323% |
| April | $14,997.33 | $15,534.67 | $18,043.67 | 337% |
| May | $15,475.42 | $16,030.33 | $18,621.58 | 351% |
| June | $15,953.50 | $16,526 | $19,199.50 | 365% |
| July | $16,431.58 | $17,021.67 | $19,777.42 | 379% |
| August | $16,909.67 | $17,517.33 | $20,355.33 | 393% |
| September | $17,387.75 | $18,013 | $20,933.25 | 407% |
| October | $17,865.83 | $18,508.67 | $21,511.17 | 421% |
| November | $18,343.92 | $19,004.33 | $22,089.08 | 435% |
| December | $18,822 | $19,500 | $22,667 | 449% |
| All Time | $16,192.54 | $16,773.83 | $19,488.46 | 372% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $19,526.50 | $20,213 | $23,522.92 | 469.7% |
| February | $20,231 | $20,926 | $24,378.83 | 490.4% |
| March | $20,935.50 | $21,639 | $25,234.75 | 511.2% |
| April | $21,640 | $22,352 | $26,090.67 | 531.9% |
| May | $22,344.50 | $23,065 | $26,946.58 | 552.6% |
| June | $23,049 | $23,778 | $27,802.50 | 573.3% |
| July | $23,753.50 | $24,491 | $28,658.42 | 594.1% |
| August | $24,458 | $25,204 | $29,514.33 | 614.8% |
| September | $25,162.50 | $25,917 | $30,370.25 | 635.5% |
| October | $25,867 | $26,630 | $31,226.17 | 656.3% |
| November | $26,571.50 | $27,343 | $32,082.08 | 677% |
| December | $27,276 | $28,056 | $32,938 | 697.7% |
| All Time | $23,401.25 | $24,134.50 | $28,230.46 | 583.7% |
In the next year, Ethereum price could still be hovering in the current range. Based on the prediction data, ETH’s trade range extends from $3,001.19 to $4,651.84. This outlook is based on the previous data. However, if ETH breaks the trend, it could go much higher.
The long-term outlook extending from 2025 to 2029, Ethereum price could hit a high of $18,603 with the lowest point being $3,000.
Ethereum Price Forecast Between 2030 & 2050
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $28,417.17 | $29,249.08 | $34,130.33 | 726.6% |
| February | $29,558.33 | $30,442.17 | $35,322.67 | 755.5% |
| March | $30,699.50 | $31,635.25 | $36,515 | 784.4% |
| April | $31,840.67 | $32,828.33 | $37,707.33 | 813.2% |
| May | $32,981.83 | $34,021.42 | $38,899.67 | 842.1% |
| June | $34,123 | $35,214.50 | $40,092 | 871% |
| July | $35,264.17 | $36,407.58 | $41,284.33 | 899.9% |
| August | $36,405.33 | $37,600.67 | $42,476.67 | 928.7% |
| September | $37,546.50 | $38,793.75 | $43,669 | 957.6% |
| October | $38,687.67 | $39,986.83 | $44,861.33 | 986.5% |
| November | $39,828.83 | $41,179.92 | $46,053.67 | 1015.4% |
| December | $40,970 | $42,373 | $47,246 | 1044.2% |
| All Time | $34,693.58 | $35,811.04 | $40,688.17 | 885.4% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $42,748 | $44,175.33 | $49,253.67 | 1092.9% |
| February | $44,526 | $45,977.67 | $51,261.33 | 1141.5% |
| March | $46,304 | $47,780 | $53,269 | 1190.1% |
| April | $48,082 | $49,582.33 | $55,276.67 | 1238.7% |
| May | $49,860 | $51,384.67 | $57,284.33 | 1287.4% |
| June | $51,638 | $53,187 | $59,292 | 1336% |
| July | $53,416 | $54,989.33 | $61,299.67 | 1384.6% |
| August | $55,194 | $56,791.67 | $63,307.33 | 1433.2% |
| September | $56,972 | $58,594 | $65,315 | 1481.9% |
| October | $58,750 | $60,396.33 | $67,322.67 | 1530.5% |
| November | $60,528 | $62,198.67 | $69,330.33 | 1579.1% |
| December | $62,306 | $64,001 | $71,338 | 1627.7% |
| All Time | $52,527 | $54,088.17 | $60,295.83 | 1360.3% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $64,523 | $66,343.42 | $74,533 | 1705.1% |
| February | $66,740 | $68,685.83 | $77,728 | 1782.5% |
| March | $68,957 | $71,028.25 | $80,923 | 1859.9% |
| April | $71,174 | $73,370.67 | $84,118 | 1937.2% |
| May | $73,391 | $75,713.08 | $87,313 | 2014.6% |
| June | $75,608 | $78,055.50 | $90,508 | 2092% |
| July | $77,825 | $80,397.92 | $93,703 | 2169.4% |
| August | $80,042 | $82,740.33 | $96,898 | 2246.8% |
| September | $82,259 | $85,082.75 | $100,093 | 2324.1% |
| October | $84,476 | $87,425.17 | $103,288 | 2401.5% |
| November | $86,693 | $89,767.58 | $106,483 | 2478.9% |
| December | $88,910 | $92,110 | $109,678 | 2556.3% |
| All Time | $76,716.50 | $79,226.71 | $92,105.50 | 2130.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $92,565.75 | $95,806.17 | $113,497.58 | 2648.8% |
| February | $96,221.50 | $99,502.33 | $117,317.17 | 2741.3% |
| March | $99,877.25 | $103,198.50 | $121,136.75 | 2833.8% |
| April | $103,533 | $106,894.67 | $124,956.33 | 2926.3% |
| May | $107,188.75 | $110,590.83 | $128,775.92 | 3018.8% |
| June | $110,844.50 | $114,287 | $132,595.50 | 3111.3% |
| July | $114,500.25 | $117,983.17 | $136,415.08 | 3203.8% |
| August | $118,156 | $121,679.33 | $140,234.67 | 3296.3% |
| September | $121,811.75 | $125,375.50 | $144,054.25 | 3388.8% |
| October | $125,467.50 | $129,071.67 | $147,873.83 | 3481.3% |
| November | $129,123.25 | $132,767.83 | $151,693.42 | 3573.9% |
| December | $132,779 | $136,464 | $155,513 | 3666.4% |
| All Time | $112,672.38 | $116,135.08 | $134,505.29 | 3157.6% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $138,430.92 | $142,604.83 | $161,658.50 | 3815.2% |
| February | $144,082.83 | $148,745.67 | $167,804 | 3964% |
| March | $149,734.75 | $154,886.50 | $173,949.50 | 4112.9% |
| April | $155,386.67 | $161,027.33 | $180,095 | 4261.7% |
| May | $161,038.58 | $167,168.17 | $186,240.50 | 4410.5% |
| June | $166,690.50 | $173,309 | $192,386 | 4559.4% |
| July | $172,342.42 | $179,449.83 | $198,531.50 | 4708.2% |
| August | $177,994.33 | $185,590.67 | $204,677 | 4857.1% |
| September | $183,646.25 | $191,731.50 | $210,822.50 | 5005.9% |
| October | $189,298.17 | $197,872.33 | $216,968 | 5154.7% |
| November | $194,950.08 | $204,013.17 | $223,113.50 | 5303.6% |
| December | $200,602 | $210,154 | $229,259 | 5452.4% |
| All Time | $169,516.46 | $176,379.42 | $195,458.75 | 4633.8% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $204,695.92 | $214,134.25 | $233,011.75 | 5543.3% |
| February | $208,789.83 | $218,114.50 | $236,764.50 | 5634.2% |
| March | $212,883.75 | $222,094.75 | $240,517.25 | 5725.1% |
| April | $216,977.67 | $226,075 | $244,270 | 5816% |
| May | $221,071.58 | $230,055.25 | $248,022.75 | 5906.8% |
| June | $225,165.50 | $234,035.50 | $251,775.50 | 5997.7% |
| July | $229,259.42 | $238,015.75 | $255,528.25 | 6088.6% |
| August | $233,353.33 | $241,996 | $259,281 | 6179.5% |
| September | $237,447.25 | $245,976.25 | $263,033.75 | 6270.4% |
| October | $241,541.17 | $249,956.50 | $266,786.50 | 6361.3% |
| November | $245,635.08 | $253,936.75 | $270,539.25 | 6452.2% |
| December | $249,729 | $257,917 | $274,292 | 6543.1% |
| All Time | $227,212.46 | $236,025.63 | $253,651.88 | 6043.2% |
Between 2023 and 2050, Ethereum’s price will most likely follow the bullish outlook and aim for the six-digit territory. The lowest price point is $16,092.58, and the highest price of Ether is $145,915.83.
Ethereum Likely to Correction to $3,000 If BTC Continues Crash
Despite the recent crash, Ethereum price has remained steady and almost impervious to Bitcoin’s bearish market cues. This goes to show that there is a paradigm shift happening surrounding ETH performance. If bulls are back, then Ethereum could trigger a market rally if BTC pauses its correction.
Ethereum price today faces a tough hurdle around $3,500 which is made up of a declining trendline nad horizontal resistance level. As a result, breaking above this barrier will signal a resurgence of bulls and will confirm the paradigm shift mentioned above. In such a case, ETH could rally 14% & tag the $4,000 psychological level.
On the other hand, if Bitcoin continues to crash and drops below $90K, it could trigger a panic selling spree. As a result, ETH could reject from $3,500 and catalyze a 17% crash to $2,886.
CoinGape prepared a review methodology to rate crypto exchanges, tools, and apps. We curated a list of metrics to evaluate crypto platforms based on their services, user experience, security and customer support, payment gateways and charges, pricing and promotions. Visit our Review Methodology page to learn more about how we review each crypto platform.
This content is purely for educational purposes and should not be considered as financial advice. Do your own research before investing in any crypto platform and only invest the amount you can afford to lose.
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