Ethereum 2022 forecast
Ethereum Price Forecast: Ethereum (ETH) is expected to reach $7609 this year and then end the year at $6500. This is according to a panel of 33 fintech, cryptocurrency and NFT professionals. According to the latest Ethereum price prediction report by Finder.com, ETH will peak at $7609 in 2022. This is about 102% higher than its price at the beginning of 2022. However, ETH is expected to end the year at $6500. This is according to the panel average. The network certainly has an advantage in global market awareness and developer base. However, it faces increasingly stiff competition, which Bitcoin, by contrast, does not have to contend with.
Ethereum price forecast: Long-term
The Ethereum price forecast predicts that ETH will be worth $10,810 by the end of 2025. And by the end of 2030, it will be worth $26,338. This is a very high forecast compared to the current price of ETH. But these numbers are 30% and 48% lower than the panel's forecast from last year, respectively. Ethereum will move to a Proof-of-Stake (PoS) model. This will likely lead to a price drop, according to one in 10 panelists. 79% say the move will increase the price of ETH. The remaining 11% of panelists say the impact will be minimal or unsure. Vanessa Harris, product director at Permission, speculates that the move to PoS will lead to a significant drop in the price of ETH. She claims that by 2030, ETH will be worth as little as $100.
If the Ethereum 2.0 model is successful and PoS is implemented correctly, we can expect ETH to grow really strong. The only concern might be the speed of implementation. Ethereum tends to be a bit slow with its updates, but the community is mostly supportive of all their initiatives. Scalability and throughput are paramount, but doing it in a decentralized way with security is critical. PoS on ETH in 2022 should guarantee this.
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