According to Finder’s price prediction poll, thereum will experience a bullish year. According to experts in cryptocurrency, the average price at which the second-ranked crypto asset according to market capitalization will be this year is $4.5K. Long-term, the panel is bullish on ethereum and expects a price of around $18K in 2025.Experts are bullish on Ethereum for the short term
Finder, an investing companion app, released its Ethereum price prediction poll results, which reveal a bullish sentiment for the present and future of Ethereum. Finder’s poll resulted in 27 out of 42 experts expecting ethereum at $4,596 by December 31, 2020. Although experts have different reasons for their opinion, most are related to the bullish outlook on the crypto market and the various changes that the chain has promised to make to address its scaling problems in the near future.
Konstantin Boyko Romanovsky, founder and CEO of Allnodes, was consulted for the poll. He predicted a price of $5K at the end of the year. He believes that the continued development of Ethereum is the reason for his above-average prediction. He said:
The future price appreciation of Ethereum will depend on the factors that contribute to it: Level 2 networks, institutional adoptions, mass usage, DeFi, and dapps continuous and rising development.
The ETH community seems to be the most active of all, and that surely aids in the continuous development further along the road.
Most of the experts are also bullish regarding Ethereum’s long-term performance. The panel’s average prediction is that Ethereum will reach $17.810 by 2025. There are still many who believe in the future of this crypto asset. Ryan Gorman, cofounder of Trade the Chain, believes that Ethereum could reach $100,000 by December 2030. He emphasizes that:
71% of the experts consulted believe that Ethereum’s future switch to proof-of–stake Ethereum will give it an advantage over other proof-of–work-based cryptocurrency like Bitcoin.