Ethereum price to peak at $2,758 this year, experts say

Most Finder experts agree that ether will reach a high of nearly $2,758 in 2023, but finally drop within the range of $2,342 per unit by the end of this year

Crypto and fintech experts have convened to forecast future price of ethereum’s (ETH) in Finder’s latest prediction report. Together with the estimated price, the Shapella upgrade has been a subject of talks among the Finder survey’s respondents.

Out of all the panelists, 21 per cent conveyed their concerns over the prospective centralization of the Ethereum network after the Shapella upgrade. Moreover, half of the professionals polled expected a rise in regulatory probe of the project in the wake of the upgrade.

An agreement among most of Finder’s experts was reached, suggesting that ether will reach a high of nearly $2,758 in 2023, but finally drop within the range of $2,342 per unit by the end of this year. As for the panel’s opinions, 53 per cent of those polled endorsed the purchase of ethereum currently, while 13 per cent suggested it is time to sell. The rest (nearly 33 per cent) of panelists recommended holding on to ethereum and quietly waiting for the right moment.

Paul Levy, a senior lecturer at the University of Brighton, believes that ether will wind up the year at $2,200 per coin. He thinks people have faith in the future prospects of the crypto as it is seen as a solid option offering more reliable continuity amidst the failure of less rigidly trialled platforms and coins.

Finder.com experts have also expressed their belief that ether will hit $5,491 by the end of 2025, and they have additionally predicted that by 2030, one ether will be priced at $14,814. In spite of the consensus forecast of $2,342 per unit by the end of 2023, some panelists were more bullish about the future potential of ethereum, expecting even higher prices.

Ilya Volkov, Chief Executive Officer of Youhodler, is one such optimist, predicting a price of $2,600 per unit at the end of 2023.

Ether as the second-biggest crypto currency will continue to correlate with bitcoin and rise in price over the long run, he said.

Damian Chmiel, a senior analyst and editor at Finance Magnates, forecasts an even higher price of $3k per ether by the end of 2023.

He stated: The 3,000-dollar mark is just a return to the prices of a year earlier, far from a speculative bull run, and only permitting for a more genuine and fundamental valuation of the asset.