Is Ethereum better than Bitcoin for long term use?
How to Choose Between Ethereum and Bitcoin. You might prefer to invest in Ether if you're a long-term investor. You can potentially reap high returns from Ethereum if you plan on holding your investment for at least five years.
Bitcoin is a great option for anyone who wants an alternative to fiat money. On the other hand, Ethereum is more than just a digital asset, so it can be a better choice for those who want more features, as this network also allows users to sell or buy goods and develop dApps.
However, experts believe that due to its unique blockchain and several use cases, Ethereum has a stable future and might even perform better than Bitcoin in future but is unlikely to overtake the price of Bitcoin.
Bitcoin is the more established and mainstream of the two, which makes ETH just a touch riskier. As with most investments, it's possible Ethereum's higher risk brings with it potential for higher rewards.
Ether could outperform bitcoin in 2024, according to ETC Group Head of Research André Dragosch, who noted that the potential reversal of ether's relative underperformance compared to bitcoin in 2023 will be propelled by its technological advancements and Ethereum's position as a leading smart contract platform.
- Bitcoin (BTC) Market cap: $959.8 billion. ...
- Ethereum (ETH) ...
- Tether (USDT) ...
- Solana (SOL) ...
- Binance Coin (BNB) ...
- U.S. Dollar Coin (USDC) ...
- Cardano (ADA) ...
- Avalanche (AVAX)
To have a million dollars worth of Ethereum at $3000, you would need around 333.33 ETH tokens. The cost of 333.33 ETH at current prices is about $747,333. However, if ETH reaches its all-time high of $4878.26, the same investment would be worth around $1,626,000 ($1.62 million).
| Year | Minimum Price | Average Price |
|---|---|---|
| 2025 | $4,569.61 | $4,698.98 |
| 2026 | $6,639.82 | $6,827.78 |
| 2027 | $9,579.60 | $9,921.00 |
| 2028 | $13,740.16 | $14,137.00 |
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 $ 2,635.39518415.
That means we expect prices to either stay the same or fall, with more chance they will fall. However, we think ethereum is a good long-term investment for the next one to three years and are bullish overall. That means we expect prices to rise in the long term.
Why choose Ethereum over Bitcoin?
Whereas Bitcoin is built on old, proof-of-work technology that requires expensive, energy-intensive mining, Ethereum recently transitioned to new, proof-of-stake technology that does not require mining at all. As soon as Ethereum pulled off The Merge last year, it immediately became 99.9% more energy-efficient.
The Ethereum ecosystem appears to have a bright future, with numerous improvements in the pipeline for 2024 and into the future.
The answer to the question of which cryptocurrency is better in the choice between Bitcoin vs. Ethereum, it depends entirely on your requirements. While Bitcoin works better as a peer-to-peer transaction system, Ethereum works well when you need to create and build distributed applications and smart contracts.
Can ethereum reach $50,000? According to VanEck's methodology, ethereum prices could surpass $50,000 by 2030 in a best-case scenario, but that would include a significant rise in activity on the ethereum blockchain over the next six years.
1 ETH would be worth $12,212 in 2040 based on a 11.8% yearly growth rate. Calculate your potential ETH profits with our Ethereum profit calculator. This is a much more realistic scenario, as it would translate to a $1.4 trillion market cap for Ethereum.
Despite recent hype surrounding Bitcoin and spot exchange-traded funds (ETFs_, JPMorgan believes that Ethereum will outperform Bitcoin in 2024. In a Dec. 13 report, JPMorgan analysts wrote, "We believe that next year Ethereum will reassert itself and recapture market share within the crypto ecosystem."
Cryptos that could boom in 2024 include SingularityNET and Fetch.ai, both of which may capitalize on the popularity of AI. Bitcoin is another crypto that could be poised for a strong performance in 2024, thanks to the SEC's approval of Bitcoin ETFs.
- Bitcoin (BTC) Bitcoin is still the #1 cryptocurrency. ...
- Ethereum (ETH) Ethereum laid the foundation for smart contracts and decentralized applications. ...
- Binance Coin (BNB) ...
- Cardano (ADA) ...
- Polkadot (DOT) ...
- Solana (SOL) ...
- Polygon (MATIC) ...
- Avalanche (AVAX)
| Month | Minimum Price | Average Price |
|---|---|---|
| May 2025 | $54,832.46 | $70,607.92 |
| June 2025 | $60,829.26 | $74,750.50 |
| July 2025 | $66,826.05 | $78,893.08 |
| August 2025 | $72,822.84 | $83,035.67 |
Owning one Ethereum is unlikely to make you rich.
Is it worth putting $100 in Ethereum?
The short term can be rocky for crypto, and if you'd invested in late 2021 right before prices plummeted, your investment would have declined in value. But if you'd invested just four years ago and held through all the ups and downs, you'd have nearly 8 times your initial investment by today.
Cryptocurrency is a very volatile asset and unlike stocks, often does not have rationale behind price movements apart from market sentiment. However, based on all of this analysis, I believe that $100K BTC is definitely possible, which means you would need about 10 BTC to be a millionaire by 2030.
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.
The renowned disruptive growth investor sees Bitcoin hitting $1.48 million per token by 2030 in her bull case for the cryptocurrency, or a gain of 33,557% as of Wednesday afternoon. In other words, $1,000 invested in Bitcoin today would be worth $34,557 by 2030, according to Wood.
By 2050, our long-term Ethereum price prediction estimates that the maximum price could reach up to $89,316.15.
