Will Ethereum (ETH) go to $0

Alright, we need to talk about Ethereum. Yeah, that Ethereum — the so-called “world computer” that's been moving slower than a hungover snail on Xanax lately. You might’ve seen the charts, read the Reddit doomer threads, or just looked at your portfolio and muttered, “What the actual f*ck happened to ETH?” Don't worry I got you. Let's check on ths crypto:

Did Ethereum just die?

Nah. But it sure as hell looks like it slammed a bottle of tequila and faceplanted into a bear trap. ETH’s been limping along around $1,600 according to CoinDesk, which is down horrendously from its glorious $4,800 nosebleed days. Everyone’s either rage-quitting or pretending they're “long-term holders” while secretly crying in the shower. But let’s be real: Ethereum ain’t going to zero unless the whole internet gets unplugged by some Y2K-ass solar flare.

This thing is the backbone of half the crypto universe. DeFi? Ethereum. NFTs? Ethereum. Scam coins that promise to “revolutionize finance”? You guessed it. ETH is still daddy.

But then what the hell’s going on?

Ethereum has experienced significant volatility this month. After reaching a low of around $1,385 on April 9, it has rebounded to its current level. Despite this recovery, ETH remains over 60% below its all-time high, indicating ongoing bearish pressure. But why is it keep dropping?

Gas fees still suck

Ethereum gas fees are still the financial equivalent of getting mugged and charged a convenience fee for the experience. Even with the whole transition to proof-of-stake (yeah, remember that?), gas fees can still spike to $30–$80 during peak congestion. It’s like paying $50 to send an emoji not the most attractive for a currency.

Everyone’s simping for Solana

Solana is out here acting like it’s Ethereum’s hotter, faster cousin. It’s fast, it’s cheap, and it works… most of the time. But let’s not forget this “ETH killer” spent half of 2022 crashing like a cracked-out Windows 98 machine during major events. Despite that, people are frothing over it again because it’s optimized, sleek, and Solana devs aren’t afraid to move fast and break sh*t. Meanwhile, Ethereum feels like a bureaucratic boomer in comparison. Solana’s the easy b*tch who’s fun at first — but you just know she’s gonna ghost you the second there’s a network hiccup. Still, she’s winning hearts, VC cash, and market share, whether you like it or not.

Will ETH go to $0?

Let me put it gently:

OBVIOUSLY NOT

MAYBE NOT

MAYBE

MAYBE YES YES...?

Jokes aside let's look at some facts:

Vitalik’s cooking again

Our boy Vitalik’s not done tinkering. His latest brainchild is Switching Ethereum’s virtual machine (EVM) to use RISC-V, a lean, open-source processor instruction set architecture. Translation: He wants Ethereum to run smoother, faster, and be more flexible — kind of like upgrading a dad bod to a CrossFit freak. This move isn’t about aesthetics; it’s about making Ethereum cheaper for devs, easier to scale, and less bloated than the current Frankenstein stack it runs on. It’s bold. It’s geeky. And if it works, it could shut up all the Solana simps for a minute.

Guys, I think we are cooked he just took my order

Whales are quietly buying

While you’re out here panic-refreshing CoinGecko and rage-selling for rent money, the big boys are moving in silence. On-chain data shows whales yanking thousands of ETH off exchanges — we’re talking millions of dollars in cold hard crypto being withdrawn from places like Bitget. That’s not a “we’re scared” move — that’s “we know something you don’t” energy. When whales pull coins off exchanges, it usually means they’re planning to HODL and wait for the next bull wave. While retail cries on Twitter, these bastards are shopping the dip like it’s Black Friday at a Rolex store.

So this ain’t one of those rug-pull sh*tcoins with a dog in sunglasses and a roadmap drawn in MS Paint. Ethereum is slow, expensive, and still absolutely necessary for half of crypto to work. ETH going to zero would be like Blockbuster going bankrupt, highly unlikely but we all know what happened.

Let's look at some price predictions

• Bearish Forecast: Veteran trader Peter Brandt predicts a potential decline in ETH's price to around $800, revisiting its 2022 lows.

• Bullish Projections: Conversely, some analyses suggest ETH could reach between $2,900 and $3,000 in the coming months, with potential highs of $4,800 by mid-2025.

So ETH could drop to $800 if the market keeps puking. But it could also 2x and run to $3k if we catch a whiff of bull.

Now I know you would ask: But Bearman Guys, sHoLd i bUy oR sElL? What’s Likely to Happen?

Firstly This is not financial advice, but If I have to clarify for you, that you shouldn't get your financial advice from a blog that has a Jordan Belfort Bear as his mascot, than you have some serious problems, that being said, My prediction is:

• ETH chills between $1.4k and $2k while the market figures out if it wants to live or die.

• Meanwhile, devs keep building, Vitalik keeps tweeting like a cyber monk, and the whales keep stacking.