54 Fintech Leaders Say ETH Will Trade at $650 Before Year Ends
2022.07.20 13:25
54 Fintech Leaders Say ETH Will Trade at $650 Before Year Ends
- Finder recently sampled the opinions of 54 crypto experts on the future valuation of Ethereum.
- The average opinion was that ADA will end 2025 and 2030 at $1,711 and $14,412, respectively.
- However, in the short term, they expect ETH to drop to $650 this year.
Some industry experts have made optimistic predictions for Ethereum (ETH). Comparison website Finder recently surveyed the opinion of 54 crypto experts and found some interesting patterns.
In the report updated on their website on July 18, the panelists said the price of Ethereum (ETH) will plunge to $675 in the short term but will return bigger — more than 100% of its value. The report read in part:
Our panel thinks Ethereum (ETH) will be worth US$1,711 by the end of 2022 before rising to US$5,739 by 2025. And while holding ETH until 2030 may prove fruitful, our panel thinks there are lean times ahead in the short term, expecting ETH to bottom out at $675 before the year is out.
Finder measures expert predictions on Ethereum price weekly and quarterly. The weekly survey asks a rotating panel of five fintech specialists whether they are bullish, bearish, or neutral on ETH two weeks ahead. The larger quarterly survey, last conducted in July 2022, asked 54 industry experts for their thoughts on how Ethereum will perform over the next decade.
Before the market collapsed in January, the panel had predicted ETH would close out 2030 at $26,338. This value changed slightly in April to $23,372. Given current realities, the experts are hanging on to $14,412 as per the July survey.
Joseph Raczynski, a technologist at Reuters, says ETH will end 2022 worth $2,000 based on its utilization. His words:
“ETH is still positioned as the best for success. The Merge is not priced into it. The platform it created still supports hundreds of billions of dollars in transactions and value, with thousands of tokens. At this stage, Ethereum is still the blue blood of the crypto world.”
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