The price comparison portal Finder has updated its ether ( ETH ) price predictions Monday. It uses weekly and quarterly surveys to measure expert predictions about the future price of ethereum. Finder explained that the company’s most recent quarterly survey was conducted in July and ‘asked 54 industry experts to give their opinions on how ethereum will perform during the next decade’.
The latest predictions from Finder’s panel experts show that ether will reach $1,711 in value by the end this year, according to Finder. The price of ether will rise to $5739 in 2025 and $14,412 in 2030. The panel however expects that the price of ether will first drop to $675.
Although holding ETH for 2030 might prove profitable, our panel believes there are still lean times ahead. We expect ETH to reach $675 by the end of the year.
Experts see ETH falling further, but they predict ETH reaching $2,673.
The expert panel’s latest predictions for ethereum prices are much lower than previous estimates. Finder explained that the panel’s forecasts for ETH in the future have been significantly lower than their previous estimates.
In comparison, in January the panel predicted that Ethereum would reach $26,338 by 2030. They reduced their prediction to $23,372 in April. The company stated that the current [ ETH] price is $14,412 as of July.
Digital Capital Management Managing director Ben Ritchie commented that Merge could happen before the year’s end. But, it is important to note that the external economic factor is crucial, which could cause obstacles to short-term price action. He elaborated:
Due to the upcoming upgrades of the ETH’s tokenomics (deflationary emissions, scalability), we estimate that the ethereum prices will rise to $15,000 by 2030.
Bitcoin.com News recently reported that Ethereum’s long-awaited transition from proof-ofwork (PoW), to proof-ofstake (PoS), also known as The Merge could be implemented in September.
Asher Tan, Coinjar CEO, is another panelist. He sees ethereum reaching $2,000 by 2022. Asher Tan, CEO of Coinjar, stressed that “all eyes are on The Merge” when it comes to ETH. He also noted that “there are more obvious catalysts than there are bitcoin for ethereum price appreciation – assuming that the cefi [central finance] meltdown doesn’t claim too many victims.
Finder provided the following information regarding when it is appropriate to sell, buy, or hold ethereum:
The panel is evenly divided between buying (43%) and holding (41%) your Ethereum, with only 16% saying that it’s time for you to sell.
The panel includes university executives, crypto exchange executives and crypto research analysts as well as executives from various companies with crypto-related products.
ETH trades at $1,576.88 as of this writing. This is almost 44% higher than the previous seven days and 58% higher than the last thirty days.