Will DeFi help ethereum reach it's old 4 figure value?

[Twinkledoe]

I think over 500$ is the reasonable price for ETH in this year. To reach a price above $ 1,000 as early as 2018 is very difficult now that there is no trend to increase the price of ETH like ICOs at that time. DeFi is just a recent emerging trend, but I feel like it has not attracted new inflow to enter the market yet.

You are wrong, what about ETH 2.0 that will introduce staking ? This year staking coins are surging in value, Ethereum has more than one chance to reach four figures before the year runs out unless the ETH 2.0 failed to get launched this year

This is the reason why with or without DeFi hype, Eth will have good price movement in the market. They may not reach the 4-figure fast, but I think they are heading that way. It is really interesting what will happen after eth 2.0, what price will they achieve. And how successful are they going to be for this eth 2.0?

[crypto_panther]

Yes I think DeFi is going to help bring ethereum to 4 and even 5 figures.

[casperBGD]

Yes I think DeFi is going to help bring ethereum to 4 and even 5 figures.

it is great to see a complete newbie to predict ETH on five digits, without even noticing that Ethereum cannot reach five figures, since that is a network, and ETH (Ether) is a native token, that has value because it is used on Ethereum network
you should learn before and then think about prices

[Bitstar_coin]

That is a very high expectation from eth i must say, eth maybe a good project but i don't think enough to hit five digit at the moment, probably in the future, at least if eth can be able to reach four digit again that would be a great achievement, even though defi seem like the happening tren now and a good reason why eth price can boost up, five digits is way too high but this is crypto you never know what will happen in the future.

[Traderbtcc]

Ethereum is growing popularity has largely been attributed to the rising interest in DeFi projects, what's going on? Will ethereum finally be able to leave it's 3 figure value?

The recent rise in the usage or popularity of ethereum is not caused  by the growing interest for DeFi,rather it is because of the  eth 2.0 deployment which will happen this month, DeFi is just over rated nothing special about it,and without a doubt ethereum will definitely leave its three(3) figures to become a four(4) figures coin, I predict the price of ETH will go up to $1500-$2k after the eth 2.0 launch is done .

[Eco_111]

With DeFi and ETH 2.0 on the way it's possible that Ethereum will reach 1000$+ before the year ends, also Bitcoin is very bullish lately so I'm sure this year will run smoothly and surging for crypto space entirely

[Mulann2]

Eth have the potential to reach 4 digits with or without defi project,  eth already prove that previous time even without the popularity of defi project, I believe with time eth will achieve that price again.

[IvugeoEvolutionCoin]

So many factors contributing to growth in ETH price, not only DEFI. Many people hope that ETH 2.0 will bring forth the long awaited revamped scalability solution, this is also an influencing factor. Also, like OP mentioned, many projects using ETH blockchain to launch DEFI platforms/tokens keep increasing rapidly, and some dope projects with solid team are in this category. I think ETH attaining 4 figures is possible, but who knows when.

[Yamifoud]

So many factors contributing to growth in ETH price, not only DEFI. Many people hope that ETH 2.0 will bring forth the long awaited revamped scalability solution, this is also an influencing factor. Also, like OP mentioned, many projects using ETH blockchain to launch DEFI platforms/tokens keep increasing rapidly, and some dope projects with solid team are in this category. I think ETH attaining 4 figures is possible, but who knows when.

Nothing knows for sure but I was possitive how this DEFI will be helping in the side of ETH. We saw a huge pump of ETH is probably because investors are anticipating the launch of ETH 2.0 wikch hase been scheduled this year. Yep, we all keep waiting for that as we know that it gives a huge impact to the market and people do such buying moment for they were sure that they can make money from it once done.

Mr. Vitalik has a wider vision with this project and he did the best thing in order to keep it rallying in the market alongside with bitcoin.

[ZincUnrated]

In the long run, this will likely happen and the hype and buzz surrounding Ethereum DEFIs should help sure up the price exponentially until it attains stability. With Ethereum DEFIs the world is finally coming to terms with blockchain and that is surely going to witness a massive influx of new I vestors thus, leading to better price growth and appreciation. This is already happening!

[marks1976]

I think over 500$ is the reasonable price for ETH in this year. To reach a price above $ 1,000 as early as 2018 is very difficult now that there is no trend to increase the price of ETH like ICOs at that time. DeFi is just a recent emerging trend, but I feel like it has not attracted new inflow to enter the market yet.

Without a big push from the traders and that will never happen. I think that everyone aware of the defi only will not post the thereum price into such level. Im also feeling doubt if with the update of ethereum 2.0 can also bring the same thing as happened when ico bubbles have come before.

[el kaka22]

I think all of this defi thing is a huge bubble and this hype will eventually end like all the other bubbles, at that moment you guys will be the ones that are upset about it. I am telling you, defi is just simply decentralized finance and basically everything is a decentralized finance in this space so it Is not a big deal, you lock some up, you get some shares bla bla not a big deal at all, quite a boring situation in the end.

If you insist on putting your money into where defi is, you will be upset in the end. Hopefully it doesn't crash and burn fast enough that you can't reach it, hopefully it will slowly fade away in order to help people to get away quicker. I have seen plenty of bubbles in the crypto market and this one is just another one that people are falling for, nothing more.

[Miaallen]

ETH in 4 figure is achievable but not at the moment. The 2017 bill run still remains the best time for cripto. And at that time, ETH was at its highest to be trading at $890 ETH 

[bigcash2011]

Ethereum is growing popularity has largely been attributed to the rising interest in DeFi projects, what's going on? Will ethereum finally be able to leave it's 3 figure value?

The number of daily addresses interacting with ETH has surge in the past 24 hours to a Two Years single day high of 486,000 addresses! The last time Ethereum's address activity was this high was on May 5th, 2018

DeFi is surely one of the biggest factors this time around that will help eth to reach new highs and this is not speculation it is simple economic logic because as more and more Eth are locking in defi contracts the market will see scarcity of ethereum that will result in increase in value. Already over 4 billion worth of eth are locked and the rate at which it is growing it will be massive by the year end and so will be the value of Ethereum as well.

[SistaFista]

It is because ETH will updating in the near time, many addresses are back to active again.
They might transferred their coin to other secure wallet, and prepare for the ETH 2.0 on new wallet.
DeFi project is good, but it doesn't running only on Ethereum network, so i think it won't help eth price much.

[ned.ryerson]

It is because ETH will updating in the near time, many addresses are back to active again.
They might transferred their coin to other secure wallet, and prepare for the ETH 2.0 on new wallet.
DeFi project is good, but it doesn't running only on Ethereum network, so i think it won't help eth price much.

defi exists not only on the ETH blockchain but also on other blockchains.
The Ethereum update has not happened yet and whether it will be successful is not  clear yet and therefore we must constantly monitor the development

[PerfectCircle]

I think is very possible and achievable too, DeFi and eth staking is more than enough to keep Ethereum on high pace for a very long time, this isn't going to be like ICO days, I expect something more genuine and better, I keep hoping for the best, do the same

[Malam90]

Ethereum price doesn't depend on DeFi. Recent price pump is due to Ethereum Testnet 2.0 which is coming soon. I hope Ethereum will touch four figure $1000 soon if this trend will stay continue. If testnet 2.0 will success, surely Ethereum price go up more. The exact date can't be told.

[hd49728]

I don't think Ethereum will easily hit 4 figures in value again, at least till the end of this year. It depends also on how bitcoin will rise next few months and next year. DeFi FOMO effects have not yet brought Ethereum back to 0.04 BTC for one ETH. The all time high of Ethereum above 0.15 BTC/ ETH will so difficult to be touched again. It means that if Ethereum won't reach it, Bitcoin need to reach too high value so less than 0.04 BTC can value in 4 figures. About $25000 for one bitcoin. 

[Gorosden]

Only Bitcoin has the answer to whatever will happen to every altcoins including DeFi projects too, put aside eth 2.0 POS feature, that's not powerful enough to drive eth price to 1000$