ETH Will Reach $6,500 In This Year, According To Many Fintech Specialists

February 11, 2022 - Around 3 mins mins to read

Ethereum (ETH) will jump to $6,500 by year-end, rise to $10,810 by 2025, and then double to $26,338 by 2030, according to Finder.com’s panel of fintech specialists.

eth — ETH Will Reach $6,500 In This Year, According To Many Fintech Specialists 4

Ethereum’s Price Will Be Bullish Or Bearish?

The site claimed that a panel of 33 fintech specialists was surveyed from January 6 to January 17 this year and that 26 of the 33 panel participants predicted the price of ETH. The fintech specialists have more pessimistic predictions than they were in October of last year.

At the time, the panel forecast that ETH’s price will reach $5,144 per coin by the end of 2021. It would then climb to $15,364 by the end of 2025 and $50,788 by the end of 2030.

“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,” the article reads.

Screen Shot 2022 02 11 at 10.10.42 — ETH Will Reach $6,500 In This Year, According To Many Fintech Specialists 5

Bilal Hammoud, CEO of NDAX, is one of our more optimistic panelists, forecasting that this blockchain network’s price would hit $10,000 by the end of 2022.

“Ethereum’s latest upgrade turned into a deflationary asset. Proof-of-stake will further lock up ETH for staking rewards, which in theory should influence the price to go up as supply decreases, while demand increases,” he said.

Daniel Polotsky, the founder of CoinFlip, had one of the more conservative forecasts, predicting the coin will revert to a value comparable to where it ended 2021: approximately $4,000. His prediction is based on, in part, a surge of the platform’s rivals.

Future Predictions

“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. Kate Baucherel, an emerging technology consultant at Galia Digital, sees ETH’s value rising to $25,000 by 2025, which is a far cry from the $3,000 prediction from managing director at Rouge International and Rouge Ventures, Desmond Marshall”, Finder wrote on its site.

John Stefanidis, the CEO of Balthazar stated that:“ETH will increase as it’s the core driver (and most reliable chain) for most crypto solutions. Over the next few years though we will see other cheaper, faster protocols seeing a high uptake. This could take 5-10 years though.”

Finder.com also asked these FinTech specialists what action crypto traders should take now with this token and received the answer as the pie chart below.

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DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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