Ethereum remains the most widely used blockchain for developers, DeFi projects, and NFT marketplaces, giving it long-term staying power.
Ethereum’s move to Proof-of-Stake and its staking mechanism have locked away millions of ETH, reducing circulating supply. Combined with EIP-1559 fee burns, ETH now has deflationary pressure that naturally drives price upward.
Pension funds, ETFs, and asset managers are increasingly adding ETH alongside Bitcoin. Spot ETH ETFs, expected in more markets, could pour billions into Ethereum, accelerating demand.
Arbitrum, Optimism, and Base have brought scalability to Ethereum while keeping activity tied to the main chain. This Layer 2 ecosystem strengthens ETH’s role as the settlement layer of Web3.
Ethereum powers DeFi, NFTs, DAOs, and tokenization of assets like real estate and bonds. This expanding utility underpins its long-term valuation.
Ethereum could test £4,500–£6,000 GBP in the next bull cycle, with catalysts like ETF approvals and Layer 2 adoption.
If adoption accelerates and Ethereum captures more of the global financial system, a range of £7,000–£8,500 GBP per ETH is possible.
With deflationary tokenomics, massive institutional inflows, and its position as the backbone of Web3, £10,000 GBP per ETH is a realistic long-term target.
For UK investors, ETH priced in GBP shows just how strong the digital asset is against fiat. Platforms like Gate.com make it simple to trade, stake, and diversify into ETH—both as a growth asset and a hedge against inflation.
1. What is Ethereum’s price in GBP today?
Ethereum is currently priced at £3,200 GBP.
2. Can Ethereum reach £10,000 GBP?
Yes, in the long term, ETH has strong fundamentals that could push it to £10,000 or more.
3. What makes Ethereum valuable?
Its role as the backbone of DeFi, NFTs, and smart contracts makes it indispensable in the crypto ecosystem.
4. Is Ethereum deflationary?
Yes. EIP-1559 burns fees, and staking reduces circulating supply, making ETH increasingly scarce.
5. Where can I trade Ethereum in GBP?
You can trade ETH securely on Gate.com, which offers deep liquidity and advanced tools for UK traders.
Share
Content