The future of the Ethereum price till 2025 was examined by a panel of Finder.com fintech experts. Compared to the results of the previous survey, which was done in late 2021, the panel is now significantly more negative on Ethereum’s long-term future, which could explain its recent price drop.
Ethereum is steadily increasing in value
The Finder.com panel said the coin would reach a value of $5,144 per ETH by the end of 2021, then climbing to $15,364 by the end of 2025 and $50,788 by the end of 2030. However, at the time of the January 2022 report, the value of ETH was just $2,423 per ETH, a long cry from the forecasted price of $5,144 in December.
The panel’s forecast for the value of Ethereum in 2030 has been considerably lowered. The cryptocurrency market’s optimistic price growth projection was largely influenced by stricter international restrictions and falling current values in early 2022.
According to the panel’s average projections, Ethereum would reach $10,810 by 2025 before more than doubling to $26,338 by 2030.
By 2025, Kate Baucherel, an emerging technology consultant at Galia Digital, sees ETH’s value rising to $25,000, a long cry from Desmond Marshall, managing director of Rouge International and Rouge Ventures, who predicted $3,000 for the cryptocurrency.
The panel’s opinion of ETH is optimistic, with over 80% of respondents seeing it as having a neutral to positive future. Over half of the panelists (52%) believe now is the best moment to acquire ETH, while 30% believe you should hang on to what you have. Only 19 percent believe this is a good time to leave.
According to Finder.com post:
“With ETH set to move to a proof-of-stake model in 2022, our panel overwhelmingly thinks this will have a positive impact on its price, with 78.6% saying that they believe that the move will increase its value, versus just 10.7% who think its value will dip. The remainder is either unsure or think the change will have no bearing on the value of ETH.”
The Merge is the most significant upgrade coming to the Ethereum network in the foreseeable future. Ethereum will have officially become a proof of stake-based blockchain after this upgrade in Q2 of 2022. This implies Ethereum miners will no longer be able to mine ETH and find new blocks using their GPU mining rigs. Those that stake ETH on Ethereum 2.0 will offer all governance and consensus.