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Survey by 'Far More Bearish" Predicts Doubling in Ethereum Price This Year

Ethereum could rise to USD 7,609 and will end the year at USD 6,500, according to a new survey by industry experts.

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Survey by 'Far More Bearish" Predicts Doubling in Ethereum Price This Year

In an email shared by Cryptonews.com, Paul Levy, senior lecturer at the University of Brighton , said that "Ethereum will continue potentially erratic and sustainable growth if it continues to stay on top of technological and innovation challenges."

He said that Ethereum was "an early success story in innovation" and that it "needs further innovation capability to match its potential."

Finder's latest ETH price survey, despite predicting a more than doubling in ETH prices this year, was "far more bearish than the last year's survey".

"The prediction by the panel of what Ethereum's value may reach by 2030 was significantly dialed back," Finder wrote.

It also noted that last year's positive outlook was "heavily affected by the "tumbling value" of ETH in the early 2022 and tougher international regulations.

Finder interviewed several industry experts, including Vanessa Harris, chief product officer at crypto startup Permission, Gavin Smith, CEO of the crypto exchange and investment company Panxora Group, Fred Schebesta and a few others.

The longer-term outlook was still bullish for ETH by most experts surveyed. Their average prediction for 2025 came in at USD 10,810 before an expected doubling to USD 26,338 by 2030.

Martin Froehler (CEO of crypto trading platform Morpher), was one of the most optimistic about ETH's prospects for this year. He stated that ETH will see a lower inflation rate combined with innovation in decentralized finance and non-fungible tokens, as well as Proof-of-Stake, leading to higher prices.

Fred Schebesta, founder of Funder, was less optimistic. He said that ETH would reach USD 7,000 in the year ahead, and noted that Ethereum, unlike Bitcoin, is facing "increasingly tough competition."

The latest ETH price predictions by Finder's panel are based on a survey that was conducted with the same panelists in January about the bitcoin price. Using the combined forecasts of the panelists, Finder predicted that Bitcoin would hit a record high of USD 93.717 in this year before reaching a low of USD 76.360.

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