The transition of Ethereum to proof of stake and the possibility of it obtaining approvals for exchange-traded funds (ETFs) enhances its long-term potential.

Analysts expect the price of Ethereum to reach between $7500 and $12000, with optimistic projections of reaching $20000, based on its historical annual returns of 600% and ongoing upgrades such as sharding to enhance scalability.

By 2030, the price of Ethereum and its role in the cryptocurrency ecosystem is expected to witness significant growth, driven by its technological developments and market dynamics.