According to some recent predictions, the price of Ethereum could reach $ 20,000 by the end of 2025.
This is clear from the Finder forecast report on the evolution of cryptocurrency prices, compiled from a panel of 35 Fintech specialists, including Coinmama CEO Sagi Bakshi, ConsenSys chief economist Lex Sokolin and the East University professor London Iwa Salami.
The average of the panel's predictions identifies $ 4,512 as the figure for this year and $ 19,842 by 2025.
However, in less than four and a half months in 2021, ETH price has already risen above $ 4,300, so if this prediction is true between now and the end of the year, the price of ETH should indeed go sideways.
Dublin University Professor Dr. Paul Ennis, and the founder and CEO of YAP, Global Samantha, they think that Ethereum could even hit $ 10,000 by the end of 2021 , believing that this cryptocurrency is highly undervalued at the moment.
Furthermore, most of the Finder panelists argue that ETH will be the most traded digital currency of all by 2022, because it has higher use cases than Bitcoin and attracts both institutional investors and BTC.
Predictions and hypotheses about the price and future of Ethereum
DeFi and NFT in particular would increase the adoption rate of ETH and boost its popularity in the markets.
One voice from the choir is that of the University of Canberra Senior Lecturer, John hawkins, who argues that having more use cases will not necessarily increase its value. Hawkins argues that even if Ethereum has more uses than Bitcoin, BTC is likely to drag it down.
On the contrary, the professor Iwa salami from the University of East London predicts ETH at $ 20,000 by the end of 2025 thanks to decentralized finance, which are building a more accessible and democratized alternative financial system, and a well-balanced future regulation that would facilitate the credibility of this growing industry.
If the price of ETH reaches $ 20,000, its market capitalization would exceed $ 2 trillion, what is the double the current market capitalization of Bitcoin. Whereas if it reached $ 10,000 it could more or less equal it.
By contrast, BitBull Capital's chief operating officer, Sarah Bergstrand, believes that Ethereum could even reach $ 100,000 by 2025, which is over $ 10 trillion in market capitalization, thanks to major updates to be released on the Ethereum network.
However, the vast majority of the panel also said that the current concentration of ownership of ETH poses a threat, and the 24% even said it would be a high risk. Furthermore, 62% believe that Ethereum is already threatened in some way by other similar blockchains.