Few experts from a panel of the crypto industry have predicted that by the year 2030, the ethereum price will surpass $23,372.
The predictions are from a portal for price comparison called Finder. They made the price predictions as part of their last week’s quarterly survey. The company conducts weekly and quarterly surveys to analyze and release expert price predictions for ether.
Finder’s experts release their ethereum predictions
The present predictions are from the conclusion of a survey conducted in April. Finder asked a panel of 36 industry experts for their thoughts on ethereum’s performance prediction in the next decade.
The panel of experts concluded that by the end of 2022, ETH would be worth $5,783. Finder also elaborated that:
“Ethereum will jump from its current price of US$2,810 to US$5,783 by the end of 2022 … the price is expected to continue to rise going forward, hitting $11,764 by 2025 and $23,372 by 2030.”
The company also added that the results at the present display a more bearish look for Ethereum in the long term as compared to the previous survey of 2021. The company had also given a prediction in January 2022 for ether price to hit $6,500 by the end of the year, which is a 12% higher prediction than the present one.
“Ethereum is at a very uncertain place in its journey at the moment. It is currently losing Defi [decentralized finance] market share to its competitors. “Until Ethereum upgrades its systems and fulfills its promises to scale, I do not have long-term confidence in the network.”
Keegan Francis, Finder’s global cryptocurrency editor
The major Ethereum 2.0 upgrade, which is likely to drop this year, will boost the ether price and be more secure, 99% more energy-efficient, and deflationary.
As far as the decision-making around the buying and selling at the moment, 61% said that it is the right time to buy, and a further 32% said that it’s time to hold. Only a minority of 6% said that it is the time to sell.