Why Buy Ethereum Today?
Ethereum (ETH) has more than just a name, as it is the foundation of decentralized finance and NFTs in addition to supporting Layer2 scaling solutions. Improved scalability and lower transaction fees, such as Dencun in March 2024 have resulted in increased usage and demand.
The ETH is now considered a treasury asset by institutions, with small firms and corporate TREASURIES holding around 1 million ETFs and earning 3-4% staking yield. The introduction of Spot Ethereum ETFs in 2024-25 facilitated institutional investment, leading to increased inflows and reduced supply.
Under various adoption scenarios, analysts predict that ETH could achieve values of $6,000–$12,000 by 2030. VanEck's projection is $11, while others have a ballpark estimate of $22,000, and more conservative estimates cluster around $60,000–8,000.
How to Buy Ethereum in India
- Invest in platforms such as Mudrex, BuyUcoin, CoinSwitch, or Zengo (with UPI functionality).
- KYC process: Use Aadhaar, PAN / POA etc.
- You can deposit INR in UPI, bank transfer, debit/credit card, or wallet
- Either directly or through P2P, you can buy ETH. After purchasing, transfer the ETH to an encrypted hardware wallet for sustained long-term use.
Potential Upside by 2030
Most forecasts indicate that ETH could increase by 60-300% from its current price ($3,650) by 2030, with some favorable models suggesting a 10% return as Ethereum gains control over smart contracts.
For example:
- Using conservative estimates, the gain is roughly 6x the current rate of about 65%
- Moderate: $6,000–12,000 → 2–3× returns
- Aggressive: $22,000 → 6× gain
- VanEck's revenue is expected to increase significantly to USD 51B/year by 2030, according to its 11,800 price projection.
Staking rewards and reduced supply dynamics could result in significant returns when selling in 2030, provided market conditions and adoption play well.
Risks to Consider
Ethereum remains volatile. Regulatory changes, macroeconomic shocks, or slower adoption could result in downside pressure or corrections. What happens next? India has a strict crypto taxation system, which taxes gains of 30% and discourages cautious corporate adoption.
Summary Table
| Topic | Summary |
|---|---|
| Why Buy | Strong network, institutional demand, staking yields, ETF inflows |
| How to Buy | Use Indian exchanges with KYC, buy via UPI or card, store in secure wallet |
| 2030 Outlook | Potential price range $6K–$22K+, staking rewards, major gains possible |
| Warning Caveats | High volatility, regulatory uncertainty, tax implications in India |