As of February 1, 2026, Ethereum (ETH) is projected to experience a period of consolidation with potential for moderate growth. Forecasts for February 2026 suggest a price range between $2,465 and $3,938, with a consensus average of approximately $3,210. Near-term technical indicators show ETH is currently stabilizing around the $2,970–$3,050 support base after recent volatility.
2026 Price Forecasts
Average Outlook: Most analysts expect ETH to trade at an average of $3,300 throughout 2026.
Bullish Targets: If institutional adoption and Layer-2 scaling continue at a steady pace, some models project a recovery toward the $4,000–$6,000 range by the end of 2026. High-end estimates from firms like deVere Group suggest ETH could exceed $5,000 driven by sustained ETF inflows.
Bearish Risks: Failure to hold the critical $2,920 support level could lead to a test of lower demand zones near $2,120.
Key Market Drivers
Institutional Adoption: Major financial players like BlackRock and Fidelity continue to drive demand through spot ETH ETFs and tokenized products.
Technical Upgrades: The Fusaka upgrade (December 2025) introduced PeerDAS, significantly improving data throughput and reducing Layer-2 fees.
Tokenization: Ethereum currently dominates the tokenization sector with a 65% market share, making it a primary settlement layer for real-world assets.
Long-Term Outlook (2027–2030)
2027 Forecast: Predictions range from an average of $3,358 to a bullish peak of $10,893 if the network achieves its full scaling roadmap.
2030 Outlook: Long-term projections are highly varied. Moderate estimates place ETH at $15,442, while ambitious targets from ARK Invest suggest it could surpass an $8,000 token value or even higher if it captures a significant portion of global financial settlements.
