- In 2024, the price of ETHFI can hit $10 after it reaches price discovery which could be bullish.
- While the price might rally to $30 in 2028, 2027 might be bearish as it could retrace to $12.
- In 2023, the adoption of the liquid restaking sector might send ETHFI’s price to $67.
When you think of liquid staking, Lido Finance (LDO) might come to your mind. But have you heard of liquid restaking? If you have not, then you should probably consider ether.fi (ETHFI) which Coin Edition discusses in this article.
Here, you will learn about the fundamentals of the project and its current market status. Also, we will discuss its price prediction from 2024 to 2030. Read more.
Table of contents
- ether.fi (ETHFI) Real Time Market Status
- What is ether.fi (ETHFI)?
- ether.fi (ETHFI) Market Status
- ether.fi (ETHFI) Price Analysis
- ether.fi (ETHFI) Price Prediction 2024
- ether.fi (ETHFI) Price Prediction 2025
- ether.fi (ETHFI) Price Prediction 2026
- ether.fi (ETHFI) Price Prediction 2027
- ether.fi (ETHFI) Price Prediction 2028
- ether.fi (ETHFI) Price Prediction 2029
- ether.fi (ETHFI) Price Prediction 2030
- ether.fi (ETHFI) Price Prediction 2040
- ether.fi (ETHFI) Price Prediction 2050
- Conclusion
- FAQs
ether.fi (ETHFI) Real Time Market Status
HTTP Request Failed... Error: file_get_contents(https://api.tokenncoin.com/coins/info?name=ether-fi-ethfi): Failed to open stream: HTTP request failed! HTTP/1.1 404 Not FoundWhat is ether.fi (ETHFI)?
ether.fi is a liquid restaking protocol built on the Ethereum (ETH) blockchain. For those unfamiliar, liquid restaking involves a process where users can earn more rewards by helping to improve the security of a staking network.
In this case, users stake their asses for a liquidity provider token. ether.fi’s liquid restaking token is eETH, the first one on Ethereum. With eETH, users can provide liquidity to DeFi protocols and earn loyalty points, The platform also provides the avenue to get staking and restaking rewards.
ether.fi (ETHFI) Market Status
ETHFI’s price at the time of writing was $3.07. This value represented a 25.10% decrease from its launch value of $4.39. The project is ranked number 193, according to CoinMarketCap. It also has a market cap of $354.17 million.
ETHFI’s maximum supply is 1 billion tokens. But as of this writing, it had 115.20 million in circulation. Although recently launched, ETHFI is listed on Binance, OKX, and Bybit. You can also access the token on LBank and Bitget.
ether.fi (ETHFI) Price Analysis
ETHFI started on an unimpressive note considering its current price. But all that blame cannot be attached to the project alone. This is because it launched at a time when broader crypto prices crashed.
Therefore, it was unlikely for it to go the other route. Regardless of its beginning, here is how the token might perform in the short term. Coin Edition also looks at its price prediction from 2024 through 2050.
ether.fi (ETHFI) Price Analysis – Bollinger Bands
One day after its launch, ETHFI displayed high volatility. But this is not uncommon for newly-launched projects. On the 5-minute ETHFI/USD outlook, the Bollinger Bands (BB) showed that the cryptocurrency’s volatility remained extreme.
However, it was noteworthy to note that the token was oversold as the lower band of the BB tapped its price at $3.03. With this condition, ETHFI’s price might rebound. In a highly bullish situation, the value of the token might extend toward $3.30.
ether.fi (ETHFI) Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) on the 5-minute chart indicated that sellers were in control of the momentum. At press time, the RSI had neared the oversold region. But it seems buyers were beginning to resist the selling pressure as the reading spiked upwards.
If the RSI reading continues to increase, then ETHFI’s price might follow. In the short term, the price of the cryptocurrency might recover and possibly hit $3.20.
ether.fi (ETHFI) Price Analysis – Moving Average Convergence Divergence
Indications from the Moving Average Convergence Divergence (MACD) did not align with a bullish recovery. This was because the MACD reading was negative, and suggested a bearish momentum.
Beyond that the 12 EMA (blue) and 26 EMA (orange) had both plunged into the negative territory. With the longer EMA rising above the shorter one, ETHFI’s price might experience more downside before it attempts a rally.
ether.fi (ETHFI) Price Prediction 2024
On March 19, the Supertrend flashed a sell signal for ETHFI around $3.19. However, the same indicator had indicated a buy signal at $3.12 at press time. However, ETHFI has not yet hit that value but might be walking its way up there.
If the price hits $3.12, buying pressure might increase and the value of the token might soar. The Accumulation/Distribution (A/D) indicator also supported this prediction. Previously, the A/D decreased, indicating a high level of distribution.
But as of this writing, accumulation seems to be taking over. Within the next few days, ETHFI’s price could produce a 10.38% jump. If this is the case, the value of the cryptocurrency might hit $3.50.
For the rest of 2024, ETHFI’s price might climb higher than $3.50. One reason for this forecast is that 2024 is considered a bullish year for the entire market. Therefore, the token would most likely not be left out of the potential rally. While there might be corrections on the way, the price of ETHFI can hit $10 in 2024.
ether.fi (ETHFI) Price Prediction – Resistance and Support Levels
Despite being launched less than 48 hours ago, ETHFI has experienced some resistance. In turn, bulls have found support levels to keep the price from plunging. From the chart below, bulls defended the $3.07 support.
As a result, ETHFI was able to retest $3.10. However, the token might face a series of resistance on the upside. First, bulls might encounter resistance at $3.16. Then, there was another at $3.24.
If the price breaks the resistance, then ETHFI might climb toward $3.37. But an unsuccessful attempt could draw the price below $3.10 one more time.
ether.fi (ETHFI) Price Prediction 2025
ETHFI’s price can double by 2025. Therefore, if the value of the token hits 10 in 2024, the price might be $20 by the end of 2025.
ether.fi (ETHFI) Price Prediction 2026
In 2026, the price of ETHFI might continue to rise. However, it is expected that some holders might take profits by that time. As such, ETHFI might decline to $15. Afterward, it could rise as high as $23.50.
ether.fi (ETHFI) Price Prediction 2027
By 2027, ETHFI might not be as bullish as it might be between 2025 and 2027. If this is the case, the value of the cryptocurrency might nosedive to $12.
ether.fi (ETHFI) Price Prediction 2028
2028 could be the year that ETHFI recovers from the plunge. By this period, the crypto market is expected to be exiting its bear phase. By December 2028, the value of ETHFI could rally to $30.
ether.fi (ETHFI) Price Prediction 2029
In 2029, ETHFI might continue its bullish run. This time, the performance might be better than what it might have been in 2023 as accumulation might be intense. It is also possible that the liquid restaking industry has expanded by then. Therefore, demand for ETHFI might be high and the price could jump to $45.
ether.fi (ETHFI) Price Prediction 2030
The ETH price prediction for 2030 depends on the kind of cycle the market will be by that time. If the market is bearish, ETHFI’s price might lose a lot of its value. However, a bullish market condition could send ETHFI toward $67 in 2030.
ether.fi (ETHFI) Price Prediction 2040
ETHFI’s price prediction for 2040 is a bullish one. Considering the longevity of the market, the price of the token might hit three digits and could be changing hands above $105 in 2040.
| Minimum Price | Average Price | Maximum Price |
| $52.34 | $76.46 | $105.38 |
ether.fi (ETHFI) Price Prediction 2050
In 2025, the price of ETHFI might have jumped higher than investors may imagine. After potentially hitting $105 in 2040, the value of the token might 5x in another 10 years and reach $500.
| Minimum Price | Average Price | Maximum Price |
| $189.34 | $246.87 | $503.47 |
Conclusion
In conclusion, ether.fi’s price prediction largely depends on the adoption of liquid restaking in the market. If the sector enjoys a lot of traction, then it would be easy for the value to hit new highs. As it stands, the project is in its early days and might still hit price discovery. After that, one can forecast if ETHFI will remain relevant in the market for a long while or not.
FAQs
ETHFI is the native token of ether.fi, a liquid restaking protocol. The project launched on the Binance Launchpad on March 18 and rewarded early users who adopted the project. With ETHFI, users can earn liquid staking and restaking rewards. As of this writing, the Total Value Locked of the project is $2.74 billion, according to data from DeFiLlama.
ETHFI is listed on different exchanges. Therefore, you can buy it on Binance, Bitget, Bybit and OKX. If you prefer a decentralized wallet, you can acquire some ETHFI by swapping ETH for ETHFI on Uniswap.
ETHFI can be a good investment because of its fundamentals. For instance, the liquid staking sector has been gaining traction since Ethereum switched to Proof-of-Stake (PoS). As such, a liquid restaking project like ether.fi might also gain from it while the price of its native token can appreciate.
On March 18, ETHFI hit an all-time high of $4.39.
ETHFI can hit $10 if demand for the cryptocurrency increases. Another factor that might play a role in the price prediction is the TVL. Should the project’s TVL continue to soar, then the price might hit $10.
The maximum supply of ETH is 1 billion tokens. But it has a circulating supply of 115.2 million tokens.
ETHFI can surpass its current ETH. Considering that the project is a new one, it might have not hit price discovery yet. If buyers and sellers finally agree on a fair value, the price may be higher than the current ATH.
ETHFI’s lowest price is $3.03, and it hit this value on March 19, one day after it launched.
The founder of ether.fi is Mike Silagadze. However, he also had a co-founder whose name is Rok Kopp.
ETHFI was launched in March 2024, and it is a relatively new project
You can store ETHFI on any of the exchanges you buy it from. On the other hand, if you prefer to store off exchanges, you can decide to keep the tokens in a wallet like MetaMask.
By December 2024, the price of ETHFI might have tripled and hit about $10.
ETHFI’s price can double from its hike in 2024 and hit $20.
ETHFI has the potential to rally toward $35 in 2026.
2027 might not be a great year for ETHFI as crypto prices might collapse. For the year, the value of ETFI might drop to $12.
In 2028, the conservative price prediction for ETHFI is $30.
The value of ETHFI could be $45 by 2029
ETHFI can reach $67 in 2030 as long as demand for the token increases.
On the average, the price of ETHFI could be $76.46 in 2040. But in the same year, the value might jump to $105.
ETHFI’s price can reach $503.47 at maximum value in 2050.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
