Ethereum will peak at $2,474 per token in 2023, Finder survey of crypto and fintech experts reveals CryptoBlog

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Seven days ago, finder.com, a product comparison website, released a forecast report based on the predictions of several crypto and fintech experts, predicting the year-end price of bitcoin for 2023. Following the bitcoin price prediction report, Finder released another survey focusing on ethereum, the second largest crypto asset by market capitalization. Finder scholars believe Ethereum will peak at $2,474 per token this year and end the year at $2,184 per unit.

24% of panelists believe Ethereum will overtake Bitcoin by 2025, Finder survey finds

This week, finder.com, a product comparison website, released a report that polled 56 fintech and cryptocurrency experts to gauge their predictions for Ethereum (ETH) prices this year. ETH had a rough year in 2022, similar to most digital currencies in the crypto economy, but prices rose in the first month of 2023. Thirty-day stats show ETH rose by more than 32% against the US dollar and is now just below the $1,600 per share range.

Finder experts believe ETH will end the year at $2,184 per unit and peak at $2,474 per token sometime in 2023. Similar to the bitcoin prediction report released last week, experts from Finder expect ETH to drop to a significant low against the greenback. Panelists suspect that ETH could reach a low of $984 this year. Ben Ritchie, Managing Director of Digital Capital Management, expects ETH to end the year at $2,500 per coin, but also noted that ETH prices could drop as low as $900 per unit in 2023 .

“Ethereum continues to lead the market as the leading smart contract platform, driving a range of innovative projects within its ecosystem,” Ritchie explains in the report. “However, recent market challenges have raised investor concern and may restrain the price of Ethereum. [reaching] $2,500 this year. Despite this, [the network’s] a low annual inflation rate should keep the price stable and above $900, even if future market disruptions occur.

Around 24% of the panelists surveyed believe that Ethereum will overtake bitcoin by 2025. The report shows that 48% of the Finder panel expect a “reversal” to occur eventually. Currently, 60% of fintech and crypto experts think ETH is undervalued and around 28% think its price is reasonable. Around 12% of panelists think ETH is too expensive and 16% currently recommend selling. 56% of report participants think now is a good time to buy and 28% advise holding.

“When you look at all blockchains based on security, decentralization, and scalability, no other has its fundamental balance and thoughtful leadership, coupled with the critical mass of Ethereum,” remarked technologist and futurist Joseph. Raczynsky. “That’s not to say he can’t be knocked down, but with each passing month it’s less likely.” The average report forecast for 2025 is that ETH will be valued at $6,033 per unit. By 2030, the panelists surveyed expect ETH to be priced at $14,316 per coin.

You can view Finder’s Ethereum price prediction report in full here.

Tags in this story $1,600, $2,184, $2,500 per unit, $900 per piece, 32% uptick, Ben Ritchie, Blockchain, critical mass, Crypto, Decentralization, Digital Asset Management, year-end, ETH, ether, Ethereum, Ethereum (ETH), experts, Finder.com, Fintech, Forecast, fundamental balance, Innovation, investor concern, Joseph Raczynski, low $984, low annual inflation rate, Market Cap, panelists, peak $2474, prediction, Scalability, Security, smart contract platform, Stability, Survey, surveyed experts, token, US dollar, year-end price

What do you think of the Finder’s predictions for Ethereum prices in 2023? Do you agree with the expert assessment or do you see a different outcome for the leading smart contract platform? Let us know in the comments section below.

Jamie Redman

Jamie Redman is the news manager for Bitcoin.com News and a fintech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about disruptive protocols emerging today.

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