For some time now, Ethereum crypto is the focus of attention. It must be said that its technology allows many more possibilities than the famous Bitcoin. The recent correction does not seem to be affecting the confidence of crypto investors.
But renewed popularity for Ethereum also due to a change in the latter. She was transfer to Proof of Stake it may bring a boom in the years to come.
We give you all the key points to help you better understand this likely increase.
Ethereum about to experience a new ascent?
Since its release, Ethereum has continued to create fantasies in the crypto field for its multiple applications. The run The Proof of Work system is a step up from the Proof of Stake system.
The process involved is given “The Merger”. It should be completed this summer and investors are already expecting an increase in its value.
Ethereum took advantage of this news and even climbed up with a 60% increase in the last 10 days.
Investors are already making their first estimates
The Australian comparison platform (Finder) has studied the case of Ethereum. The IS investors believe that the value of the cryptocurrency will reach $1700 by the end of the year.
In the coming years, we can expect a significant increase of up to $15,000 in 2030. Therefore it is almost a X10 gain in less than 10 years.
But this forecast increase is subject to conditions. In order to convince Ethereum, it the process of “The Merger” must be completed at all costs and made without snagging.
A third of the surveyed investors believe that the value of Ethereum will increase immediately after its transfer. It will probably be a good short-term investment if they are to be believed.
Joseph Raczynski, a technologist for Thomson Reuters, says of Ethereum:
It’s the blue blood of the crypto world… it supports hundreds of billions of dollars in transactions and value, and thousands of tokens.
For many specialists, theEthereum is the new safe bet in the crypto world. It stands out for its solid technology that will withstand future turbulence.
BitMex Co-Founder believes Ethereum will hit $10K in 2022
The big hitters have high hopes for Ethereum too! Hayes, co-founder and CEO of BitMex estimates are much more positive.
For him there is no doubt that it is The second largest crypto will reach $10,000 in 2022. It is based on predictions of a bull run that will drive the price to new heights.
To stay up to date with Ethereum developments, visit our real-time crypto prices page.
How to buy Ethereum?
If you are sure and want to buy Ethereum, here is a brief in several steps:
- Open an account : register on an online exchange platform called Coinbase, Binance or Capital.com
- Play the KYC : this is an identity check necessary for the security of your exchanges.
- First deposit: you will need to send money to your profile to start buying Ethereum.
- Get Ethereum : in the search bar, type the name of the crypto.
- Place your purchase order : you just have to wait by placing your purchase order after the transaction.
Note that getting crypto is different from CFDs. Look carefully when buying.
If you are trying to make a quick profit on Ethereum, don’t wait too long. The transition from POW to POS model will be done by the end of summer!
To learn more about buying cryptocurrency, we invite you to visit our detailed page on this topic.