Experts Say Ethereum’s Price Could Hit $17,800 By 2025
The price of Ethereum could surge by over 150% this year to £4,596, potentially reaching $17,800 by 2025, and $64,000 by 2030.
The figures come from the average forecast from 27 out of 42 experts surveyed by Finder. The UK comparison site polled 24 fintech specialists, including Coinmama CEO Sagi Bakshi, CoinFlip Founder and Chief Advisor Daniel Polotsky, and University of East London Senior Lecturer Dr Iwa Salami.
CoinFlip’s Daniel Polotsky gave forecasts in line with the panel average and anticipates that Ethereum will be worth $4,000 by the end of 2021 and, by 2030, will have skyrocketed to $64,000.
“Ethereum’s price largely follows Bitcoin’s halving cycles, although that relationship may begin to decouple as time goes on, and as Ethereum continues to develop use cases that Bitcoin cannot achieve. Then, its price may grow at a faster rate than Bitcoin’s,” Polotsky said.
However, both Martin Fröhler, CEO of Morpher, and Pedro Febrero, RealFevr’s head of blockchain, expect Ethereum to top $10,000 by December 2021. “Ethereum has the potential to power the future global financial infrastructure”, Fröhler commented.
93% of the panellists said they believe Ethereum will one day become more frequently transacted than Bitcoin. Nearly half of the panellists (48%) predicted that this shift would occur before the end of 2022.