Ethereum is set to be worth nearly $20,000 by the end of 2025, according to the personal finance comparison site, finder.com‘s, Cryptocurrency Predictions Report.
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Finder’s panel of 35 fintech specialists from around the world, including Coinmama CEO Sagi Bakshi, ConsenSys Head Economist Lex Sokolin, and University of East London Senior Lecturer Iwa Salami, also think ETH will also be the most widely transacted digital currency by 2022.
Predictions For Ethereum To Hit $20,000 By 2025
- Panel majority says Ethereum will be the most widely transacted digital currency by 2022
- 70% say Ethereum has a greater use case than Bitcoin
- 77% say institutional investors will invest in ETH like BTC
Ethereum is predicted to be worth $19,842 by 2025, according to the latest global Cryptocurrency Predictions Report from the personal finance comparison site, finder.com.
Ethereum’s price will be supported by increased transaction use, the rise of DeFi and NFTs and higher adoption rates by institutional investors.
As well as a rise in price, 51% of Finder’s panel say Ethereum, not Bitcoin, will be the most widely transacted digital currency by the end of 2022.
Lecturer and assistant professor at the University College of Dublin, Dr Paul Ennis, thinks ETH will be worth $10,000 by the end of the year, noting the currency is highly undervalued and has far more use cases than Bitcoin.
In fact 70% of the panel think DeFi and NFTs have given Ethereum a greater use case than Bitcoin.
However Senior Lecturer at the University of Canberra John Hawkins pointed out that having more use cases won’t necessarily increase its value.
“While ethereum has more uses than bitcoin it will likely be dragged down with it,” he said.
Mass Adoption Of Cryptos
While more individuals are becoming interested in crypto - Finder’s recent research found 40% of Brits aged 18-34 already own crypto - more than three quarters of the panel (77%) say institutional investors will also invest in Ethereum as they have done with Bitcoin.
YAP Global founder and CEO Samantha Yap also thinks Ethereum will crack $10,000 by the end of 2021.
“After Bitcoin gets mass adopted, Ethereum will be next on people's list,” she said.
By 2025 ETH is expected to hit $19,842 on average.
University of East London senior lecturer Dr Iwa Salami gave an end-of-2025 forecast on par with the panel average at $20,000.
“Decentralised Finance, which is so far building an alternative financial system that is more accessible and democratised, is largely built through decentralised applications on the Ethereum network.
“These developments indicate the future of finance and are very promising and well-balanced regulation would facilitate the credibility of this growing industry,” she said.
BitBull Capital COO Sarah Bergstrand thinks Ethereum will crack $100,000 by 2025.
“We are likely to see major upgrades to the Ethereum network this year, and those can be expected to push the price higher,” she said.
A High Risk To The Currency
However the currency isn’t without risk - the overwhelming majority of the panel say the current ownership concentration on ETH presents a threat, with 24% saying it’s a high risk to the currency, 55% a moderate risk, and 18% a low risk.
62% of panellists also think Ethereum is somewhat threatened by other smart contract blockchains in that Ethereum could lose some of its users.
Alpha5 CEO Vishal Shah thinks Ethereum value won’t change drastically over the next few years, with an end of 2025 forecast of $4,000.
“ETH should continue to perform, but it simply does not have the same scarcity benefits as BTC. Further, ETH is in a race against other protocols to overhaul its usability profile. There are faster, cheaper chains that are gaining traction and will likely rival ETH in the long run.”
Overall 59% of panellists say it’s time to buy Ethereum, 28% say hodl, and just 13% say it’s time to sell.
About finder.com/uk
finder.com is a personal finance website, which helps consumers compare products online so they can make better informed decisions. Consumers can visit the website to compare utilities, mortgages, credit cards, insurance products, shopping voucher codes, and so much more before choosing the option that best suits their needs.
Best of all, finder.com is completely free to use. We’re not a bank or insurer, nor are we owned by one, and we are not a product issuer or a credit provider. We’re not affiliated with any one institution or outlet, so it’s genuine advice from a team of experts who care about helping you find better.
finder.com launched in the UK in February 2017 and is privately owned and self-funded by two Australian entrepreneurs – Fred Schebesta and Frank Restuccia – who successfully grew finder.com.au to be Australia's most visited personal finance website (Source: Experian Hitwise).
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