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If you want to know whether to buy, sell or hold, according to Finder.comIn a panel of 50 financial technology experts, Ethereum is expected to hit a record high and reach the $5,114 mark by the end of this year. This is about 25% higher than the current price.
The team also predicts that by 2025, the price of ETH will jump to $15,364 and will triple to $50,788 by the end of 2030.
Is this the best time to buy? 63% of the panel members said yes, while 28% said it was time to stock up, and only 9% said it was time to sell.
CoinFlip founder and chief advisor Daniel Polotsky predicts that ETH will reach $4,500 by the end of the year, and he believes that the growth of Ethereum may even exceed that of Bitcoin.
“Ethereum has done a better job in supporting its blockchain development, and will have a lighter weight proof-of-stake mining model than Bitcoin, which means it may become the backbone of Web 3.0. This makes me believe its The growth rate may even exceed Bitcoin in the next ten years,” he said.
Several panelists, including Origin Protocol co-founder Joshua Fraser, attributed their predictions to a wide range of use cases for ETH.
“Ethereum currently hosts an already large but rapidly growing alternative financial system in decentralized finance or DeFi. Eventually, Ethereum will become one of the world’s major financial settlement layers. The price of ETH will reflect the future. Reality,” he said.
Some panelists cited ETH’s first-mover advantage as the reason behind their bullish forecasts, but Jeremy Britton, CFO of Boston Exchange, doesn’t think the first-mover advantage is as advantageous as it sounds, especially in the context of fierce market competition. .
“ETH has a first-mover advantage, but so does Ford. There are many great projects following ETH, which are faster and cheaper.”
The team expects that in the next 12 months, ETH will lose an average of 30% of its market share to other Tier 1 solutions.
Many team members listed Solana (SOL) as one of their promising alternatives to layer-1, and one-tenth (13%) of the team members even stated that SOL will eventually surpass ETH and become the main DeFi platform.
CoreLedger AG CEO Johannes Schweifer is part of this 13%, and he believes that ETH will lose as much as 66% of the market share in the coming year. He explained that this was because ETH could not solve its scalability problem as quickly as expected:
“It’s not built for high throughput, developers know this, and other Tier 1 solutions such as Solana are. As they mature, the market will expand rapidly, and they will get all new business that is not entirely based on speculation The largest share of the country,” he said.
Nansen CEO Alex Svanevik acknowledged that there are other smart contract platforms that are superior to ETH in some respects, and therefore will occupy 20% of ETH’s market share-but this is far from ending ETH.
“There is room for alternative smart contract platforms in the market, and other trade-offs besides Ethereum can be made. However, the network effect of Ethereum is extremely powerful, making it difficult to overthrow,” he said.
Since ETH 2.0 is in its early stages, 93% of the expert group indicated that the upgrade will solve at least one inherent problem of ETH. This means that the upgrade may weaken any advantages of other platforms over ETH.
According to the opinion of the majority (78%) of the group, the limitation of transaction scalability is the most likely problem to be solved, followed by sustainability (43%) and poor user experience (17%).
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