The price of ether (ETH) is not expected to move much during the rest of 2023, according to Finder's Latest Ethereum Price Predictions Report.
The Finder panel, made up of 31 cryptocurrency and fintech specialists, predicts that ETH will be worth an average of $1.8k by the end of the year, on par with its current price at the time of writing. It is expected that by the end of 2025 this figure will increase to 5.8 thousand dollars.
YouHodler's head of markets, Ruslan Lienkha, gave a year-end prediction slightly higher than the panel's average: $2,000. According to Lienkha, ETH "has enormous growth potential, as it is not just a cryptocurrency but a complete ecosystem with many different projects."
Market Research Future senior research analyst Shubham Munde gave a similar price prediction for 2023 and attributes it to the growing popularity of DeFi. By the end of 2025, he believes that ETH will be priced at $4.5 thousand.
“The market is also recovering well and [is] Significant highs are expected to be recorded in [the] next year,” Munde said.
Omnia Markets Founder and CEO Mitesh Shah is more optimistic about ETH's prospects for 2025, offering a prediction above the panel average of $7.5k.
“The rapid growth of cryptocurrency ETFs, with a wave of ether futures funds launching this Monday, will make it easier for institutional investors to gain exposure to the cryptocurrency market.”
Origin Protocol founder Josh Fraser believes that the price of ETH will not move significantly before the end of the year. However, Fraser is also part of the 37% who believe that ETH's market capitalization will change that of BTC. Meanwhile, 43% do not believe this will ever happen, while the remaining 20% are unsure.
“In my opinion, ETH is likely to eventually overtake Bitcoin in terms of market cap,” Fraser said.
“By 2030, NFTs will have tokenized trillions of dollars worth of Ethereum. “It is not unlikely that the total value locked in NFTs will exceed that of DeFi, as the value of NFTs will include real estate, intellectual property, luxury goods, and more.”
RealFevr vice president of Web 3, Pedro Febrero, believes that the change will occur as early as 2024:
"Ethereum is the number one network in terms of fee income: compared to BTC, ETH validators earn more than 50% of their income from fees, while in bitcoin miners' income the weight of fees represents about 1%."
On the other hand, Boston Trading.co CFO Jeremy Britton is part of the 43% who think ETH will never change to BTC.
“ETH is still the original network, but the shift from POW to POS has made ETH less decentralized and less “crypto.” Some of ETH's competitors, such as SOL, MATIC and others, may reduce ETH's market share as people want lower fees and more decentralization."
Overall, 48% of the Finder panel say now is the time to hold ETH, 41% to buy, and 10% to sell.
