Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl.
Experts See Price of Ether Reaching Almost $20K by 2025
The â€œFinder Cryptocurrency Predictions 2021â€ which was updated Monday predicts that the price of ether will be nearly $20K by 2025 according to 35 experts on Finderâ€™s cryptocurrency panel. The report says:
The highest forecast came from Bitbull Capital COO Sarah Bergstrand who believes that the price of ether would be $100,000 by 2025. â€œWe are likely to see major upgrades to the Ethereum network this year, and those can be expected to push the price higher,â€ she explained.
One of the most bearish forecasts came from UNSW associate professor Elvira Sojli who predicted that ETH will end 2025 at just $1,850.
The report continues:
As for the price prediction for the year 2021, the report notes that the â€œPanellists predict that the price of Ethereum will hit $4,512 on average by the end of the year. Thatâ€™s a 234% increase from Decemberâ€™s end-of-year prediction of $1,351.â€
One of the highest forecasts came from YAP Global founder and CEO Samantha Yap who noted that the price of ether would be $10,000 at the end of this year, emphasizing that â€œonce BTC is mass adopted, ETH will be next on peopleâ€™s list.â€
Paul Ennis, a lecturer and assistant professor at the University College of Dublin, arrived at the same forecast of $10K for ETH this year, â€œarguing ethereum is highly undervalued and has far more uses than bitcoin.â€
LMAX Groupâ€™s cryptocurrency strategist, Joel Kruger, gave a more moderate forecast of $2,000. He is also convinced of â€œethereumâ€™s potential, viewing the currency as the major hub of innovation on the blockchain.â€ He described that â€œAs crypto adoption continues, most of that innovation will therefore be hosted on Ethereum, which we expect will translate into a much higher valuation.â€
The panelists include Bitriver CEO Igor Runets; Thomson Reuters technologist Joseph Raczynski; Okcoin COO Jason Lau; Etoro analyst and senior account manager Simon Peters; Consensys head economist Lex Sokolin; Coinmama CEO Sagi Bakshi; Unocoin CEO Sathvik Vishwanath; and Origin Protocol co-founder Josh Fraser.
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