Seven days ago, finder.com, a product comparison website, published a forecast report based on the predictions of several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Following the bitcoin price prediction report, Finder released another survey focused on ethereum, the second largest crypto asset in terms of market capitalization. Finder specialists believe that ethereum will reach a peak of $2,474 per token this year and end the year at $2,184 per unit.
24% of panelists believe Ethereum will surpass Bitcoin by 2025, Finder Survey shows
This week, finder.com, a product comparison website, published a report that surveyed 56 fintech and cryptocurrency specialists to gauge their predictions for ethereum (ETH) prices this year. ETH experienced a challenging year in 2022, like most digital currencies in the crypto-economy, but prices have picked up in the first month of 2023. Thirty-day statistics show that ETH has risen more than 32% against the US dollar and is now just under $1600 per unit area.
Finder’s experts believe ETH will end the year at $2,184 per unit and reach a peak of $2,474 per token sometime in 2023. Similar to the bitcoin prediction report published last week, Finder’s specialists expect ETH to fall to a significant low against the dollar. The panelists suspect that ETH could reach a low of $984 this year. Ben Ritchie, CEO 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 dominate the market as the leading smart contract platform, driving a number of innovative projects within its ecosystem,” Ritchie explains in the report. “However, recent market challenges have sparked investor concern and could limit the price of ethereum [reaching] $2,500 this year. Despite this, [the network’s] low annual inflation rate is expected to keep the price stable and above $900, even if future market disruptions occur.”
About 24% of the surveyed panelists believe that ethereum will surpass bitcoin by 2025. The report shows that 48% of Finder’s panel expects a “flipping” to happen eventually. Currently, 60% of fintech and crypto experts believe that ETH is underpriced, and about 28% believe it is fair. Around 12% of panelists believe ETH is overpriced, and 16% currently recommend selling. 56% of the report’s participants believe it is a good time to buy, and 28% recommend holding.
“When you examine all blockchains based on security, decentralization and scalability, no one else has its fundamental balance and sound management, combined with the critical mass of Ethereum,” said technologist and futurist Joseph Raczynski. “That’s not to say it can’t topple, but with each passing month it’s less likely.” The report’s average prediction for 2025 is that ETH will be valued at $6,033 per unit. By 2030, the surveyed panelists expect ETH to be priced at $14,316 per coin.
You can check out Finder’s Ethereum Price Prediction Report in full here.
Tags in this story
$1,600, $2,184, $2,500 per unit, $900 per coin, 32% rise, Ben Ritchie, Blockchain, critical mass, Crypto, Decentralization, Digital Capital Management, end year, ETH, ether, Ethereum, Ethereum (ETH), experts, Finder. no, Fintech, forecasts, fundamental balance, innovation, investor concern, Joseph Raczynski, low $984, low annual inflation rate, market capitalization, panelists, peak $2474, prediction, scalability, security, smart contract platform, stability, survey, surveyed experts, Token , US dollar, year-end price
What are your thoughts on Finder’s predictions for Ethereum prices in 2023? Do you agree with the experts’ assessment or see a different result for the leading smart contract platform? Let us know in the comments section below.
Jamie Redman
Jamie Redman is the news editor at Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or an endorsement or recommendation of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is directly or indirectly responsible for damages or losses caused or alleged to be caused by or in connection with the use of or reliance on content, goods or services mentioned in this article.
