The price of Ethereum is expected to reach $6,500 by the end of the year, according to a panel of fintech experts. By 2025, it will have risen to $10,810, before nearly doubling to $26,338 by 2030.
Price comparison portal Finder updated its price predictions for ether (ETH) Tuesday. The company detailed:
Ethereum (ETH) will jump to US$6,500 by the end of 2022, according to Finder.com’s panel of fintech specialists.
In addition, “Ethereum is expected to hit $10,810 by 2025 before more than doubling to $26,338 by 2030, according to the average of the panel’s forecasts.”
The company explained that the panel of 33 fintech specialists was surveyed from Jan. 6 to Jan. 17 this year, adding that of the 33-panel members, 26 gave their ETH price predictions.
The fintech specialists are more bearish in their ETH price predictions than they were in October last year.
At that time, the panel predicted that the price of ether would hit $5,144 per coin at the end of 2021. It would then rise to $15,364 by the end of 2025 and $50,788 by 2030.
Commenting on the differences in price predictions this year and October last year, Finder wrote:
The panel’s prediction of the value ethereum may reach by 2030 has been dialed back significantly. The positive outlook for price growth in the cryptocurrency market was heavily affected by increasingly tightening international regulations and tumbling current values in early 2022.
At the time of writing, the price of ether is $3,182, based on data from Bitcoin.com Markets. ETH is up 18.3% over the past seven days and 3.1% over the last 30 days.
Sentiment from the panel towards ETH is strong, with over 80% having neutral to positive outlooks for its future. Over half (52%) of the panel think now is the time to buy ETH, with 30% saying you should hold onto what you’ve got. Just 19% say it’s a good time to get out.