Press Release

For immediate release

ETH to hit US$5,114 by the end of this year

  • ETH is predicted to reach $5,114 by the end of this year.
  • 63% of panellists say it’s the time to buy ETH, while 28% say hodl and 9% say sell.
  • ETH expected to lose 30% of market share to alternative layer-1 networks over the next year.
  • One in ten panellists (13%) believe SOL will overtake ETH as the primary DeFi platform.
  • Ethereum (ETH) is expected to reach a new all time high by the end of this year, according to the latest Finder.com’s Ethereum Price Predictions Report.

    Finder.com’s panel of 50 fintech specialists predict that ETH will end the year at US$5,114 – roughly a 25% increase from its price at the time of writing.

    By 2025, the panel predicts ETH’s price will jump to $15,364 before more than tripling to $50,788 by the end of 2030.

    Now is the time to buy ETH, according to 63% of panellists, while 28% say it’s time to hodl, and only 9% say it’s time to sell.

    CoinFlip founder and chief advisor Daniel Polotsky, who predicts ETH will end the year at $4,500, thinks Ethereum’s growth may even surpass that of Bitcoin’s.

    Ethereum does a better job of supporting development on its blockchain and will have a more lightweight Proof of Stake mining model than Bitcoin [which] means that it can potentially be the backbone of Web 3.0,

    [This] leads me to believe that its rate of growth may even surpass that of Bitcoin over the next decade,” he said.

    Several panellists, including Origin Protocol co-founder Joshua Fraser, attribute their predictions to ETH’s broad use case.

    Ethereum is currently hosting an already large but still quickly growing alternative financial system in decentralized finance or DeFi. Eventually Ethereum will be one of the main financial settlement layers of the world. ETH price will reflect this future reality,” he said.

    A few panellists cited ETH’s first mover advantage as the reasoning behind their bullish predictions, but Boston Trading CFO Jeremy Britton doesn’t think being the first mover is as advantageous as it sounds, especially with tough competition in the market.

    ETH has first-mover advantage, but so did Ford Motors. There are many great projects snapping at ETH’s heels, with greater speed and lower cost.

    The panel expects ETH will lose an average of 30% of its market share to other layer-1 solutions over the next 12 months.

    A good number of panellists cited Solana (SOL) as one of the alternative layer-1’s they’re bullish on, and one in ten (13%) panellists go so far as to say that SOL will eventually overtake ETH as the primary DeFi platform.

    CoreLedger AG CEO Johannes Schweifer is part of the 13% and believes ETH will lose as much as 66% of its market share in the coming year. He explains that this is because ETH won’t be able to solve its scalability issues as quickly as intended:

    It was not built for high throughput, and developers know that, whereas other layer-1 solutions such as Solana are. The market will expand rapidly with their maturity and they will get the lion’s share of all new business that is not exclusively based on speculation,” he said.

    Nansen CEO Alex Svanevik acknowledges that there are other smart-contract platforms that are advantageous over ETH in some aspects, and will thus take 20% of ETH’s market share – but it will be far from bringing an end to ETH.

    There’s room for alternative smart-contract platforms in the market, making other trade offs than Ethereum. But Ethereum’s network effects are exceptionally strong, making it very hard to de-throne,” he said.

    With ETH 2.0 in its early stages, 93% of the panel say the upgrade will solve at least one of ETH’s inherent issues. This means any advantage other platforms have over ETH may be dampened following the upgrade.

    Limitations on transaction scalability are the most likely issues to be solved according to the majority (78%) of the panel, followed by sustainability (43%) and poor user experience (17%).

    You can find the complete report here: finder.com/uk/ethereum-eth-price-prediction

    Methodology
    Finder assessed survey results using a truncated mean, with the top and bottom 10% of outlying results removed.

    ###

    For further press information

    Disclaimer

    The information in this release is accurate as of the date published, but rates, fees and other product features may have changed. Please see updated product information on finder.com's review pages for the current correct values.

    About finder.com

    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).

    Go to site