Crypto Prices Today February 24, 2024: Most Are Burning

In the world of crypto assets, people often talk about the trending and most popular Bitcoin, but also pay attention to Ethereum which is considered the second largest cryptocurrency in the world.

Quoted from Forbes, Thursday (22/2/2024) Ethereum has more than just crypto tokens. Cryptocurrencies are also popular outside the crypto community due to their high-performance features and attractive blockchain solutions.

Etherum or ETH is an open source blockchain with smart contract functionality that is commonly used in the field of decentralized finance (DeFi).

On February 15, 2024, Ethereum was trading at USD 2,801 with a market capitalization of USD 336.46 billion.

This cryptocurrency has shown tremendous growth after the upgrade of Shapella in April 2023. Its value increased drastically from USD 2,100 to USD 2,801.

Etherum's average trading price is expected to reach around USD 3,000 in February 2024.

According to Cryptonewz, by the end of 2024, the price of Ethereum is projected to touch USD 5,000.

Then in the following year 2025, Ethereum is expected to reach a maximum level of USD 6,500 with a minimum of USD 4,500 and an average of USD 5,500.

Furthermore, for 2030, the value of ETH is expected to reach a maximum of USD 20,500.

It was also stated that Bitcoin Halving could also be an element that contributes to the growth of Etherum's trading value. If Etherum continues to grow, it has the potential to surpass its all-time high.