The price of Ethereum is once again in the spotlight, with market analysts and the founder of $ETH , Vitalik Buterin, making bold predictions for the asset. Experts predict that Ethereum could rise to $33,000, while Buterin draws parallels between the future role of the cryptocurrency in finance and Google's dominance in searches. As a result, the founder of $ETH suggested that low-risk Decentralized Finance (DeFi) could become the “Google Moment” disruption of Ethereum.
A recent analysis of charts by renowned market expert Egrag Crypto presents an optimistic outlook for the long-term price trajectory of Ethereum. Based on the analyst's chart, the $ETH could potentially rise to $33,000 before the end of 2025. Egrag Crypto notes that ETH has a history of exceeding target measures once it breaks important continuation patterns. This pattern has been visible in previous market cycles, lending weight to his projection that the next ETH rally could be monumental.
In previous cycles of Ethereum, key formations such as the Bull Flag and the Rectangle Continuation Pattern produced extraordinary gains that exceeded expectations. The Bull Flag pattern surpassed its target by 145%, while the rectangle continuation exceeded projections by 181%. Now, ETH is forming what Egrag Crypto identifies as an Expanding Descending Wedge, a setup that typically signals continued upward movement once the breakout is confirmed. According to the expert, the measured movement from this wedge suggests an initial price target of $12,300. However, considering Ethereum's historical trend of averaging 163% upside, he sees the cryptocurrency soaring to $33,000.
In a report published on September 21, Buterin describes what he sees as the next Google moment for Ethereum. Just as Google secured long-term dominance by finding its core economic engine in searches and ads, the cryptocurrency founder argues that Ethereum now has the opportunity to anchor its ecosystem with low-risk DeFi and unlock comparable growth. Buterin also emphasized the increasing importance of sustainable applications within the Ethereum ecosystem. Historically, ETH has struggled to balance two distinct categories of applications — those that generated significant revenue, such as NFTs and meme coins, and those that aligned with the broader vision of Ethereum, such as decentralized identity and privacy protocols. Buterin notes that the underlying problem was that revenue-generating applications often lacked long-term sustainability, while mission-driven projects lacked economic weight. He believes that low-risk DeFi could be the solution that fills this gap. By allowing global and permissionless access to stable wealth-building mechanisms, such as interest-bearing assets, bonds, and currencies, the cryptocurrency founder highlighted that Ethereum could achieve economic sustainability.
