Hashed CEO Simon Seojoon Kim has predicted the estimated current fair price of Ethereum using ETHval, a tool that aims to measure Ethereum’s fair value with multiple indicators.
According to ETHval data, Ethereum’s current price is $2,972, while the composite fair value, calculated from the average of 12 models used, is $5,022. This indicates that ETH is approximately 69% undervalued at its current levels.
The price range between the models is quite wide. The lowest valuation, at $134 in the P/S Ratio (25x) model, signals “overvalued,” while the highest valuation, at $12,951 in the Ecosystem Settlement (MV=PQ) model, is noteworthy. Total transaction volume on the network and Ethereum’s role as a global consensus layer are particularly decisive in this higher-level scenario.
The Metcalfe Law model points to $9,467 for ETH, while the staking DCF model indicates $9,028, highlighting strong upside potential. The TVL Multiple, L2 Ecosystem, Liquidity Premium, and App Capital models all reveal Ethereum to be 30-45% undervalued compared to its current price. Conversely, short-term revenue-focused metrics like Fee Yield and P/S Ratio classify Ethereum as significantly “overvalued.”
ETH, still trading 40% below its all-time high of $4,946, has a Realize Price indicator around $1,600. This data suggests that the average cost for long-term investors remains significantly below the current price, indicating a strong on-chain foundation.
*This is not investment advice.