Indeed, the consensus of 53 crypto and Web3 industry fintech experts have stated their predictions that the price of Ethereum would first drop as low as $675, before recovering again and ending the year at $1,711. Looking further down the road, the panel believes that Ethereum would close the year 2025 at $5,739, and 2030 at $14,412, according to the results of the latest Finder price predictions report shared with Finbold on July 19.
Experts’ opinions and the Merge effect
Taking into account the recent crypto market crash and the upcoming Ethereum Merge, which will officially mark the network’s transition to the Proof-of-Stake (PoS) algorithm, the panel’s opinions differ on whether this is the right moment to buy ETH or not. Specifically, 43% of panelists have stated the opinion that now was a good time to purchase Ethereum, while 16% of them believe that the moment has come to sell it. Another 41% believe that crypto traders and investors should just ‘hodl’ at this time. Meanwhile, 78% of panelists believe the Merge will have a positive impact on the price of Ethereum, with over a quarter predicting the price increase would take place immediately after the Merge, 24% three months later, 13% six months later, and 11% one year later. In the words of the Swinburne University of Technology director and lecturer Dr. Dimitrios Salampasis, who is among the more bullish experts with his predictions that ETH would trade at $2,350 at the end of 2022 and believes that the positive effect will appear six months after the Merge:
Bearish predictions for Ethereum
On the other hand, CloudTech Group COO Kevin He was among the more bearish crowd in terms of the end-of-year predictions, looking at only $750. However, he believes that ETH would be worth $5,000 at the end of 2025, adding that ETH’s future price will depend on whether it completes the Merge this year. According to him: As things stand, Ethereum is currently trading at $1,526, which is a 2.27% improvement on the day and a 43.82% gain across the previous seven days, according to CoinMarketCap data. Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
