Last week, finder.com released a forecast report based on predictions from various cryptocurrency and fintech experts. This report predicted the price of bitcoin for 2023. Following the bitcoin forecast report, Finder conducted another survey on the second-largest crypto asset based on market capitalization, Ethereum. Finder professionals anticipate that the year-end price of ETH will be $2.184 per token, with the peak reaching $2.474 per coin by the same year.

24% of Panelists Foresee Ethereum Surpassing Bitcoin By 2025, Finder Survey Discloses

Finder.com, a product comparison website, issued a report this week that polled 56 crypto and fintech professionals to discover their predictions. The price of Ethereum (ETH) had a difficult year in 2022, similar to most digital currencies in the crypto economy. Nevertheless, prices rose in the first month of 2023 with ETH currently at $1,600/token and a 32% increase in US dollar value.

Finder experts believe that ETH will end the year at $2.184 per token and reach its peak at $2.474 per coin by 2023. Just like the bitcoin prediction report, the panelists feel that ETH will experience a sharp decline when it comes to the US dollar. The survey participants think that ETH could potentially hit a low point of $984 in the following 12 months. Ben Ritchie, the Managing Director of Digital Capital Management, expects ETH to end the year-long period at $2,500 per coin. However, it is also known that ETH prices could drop as low as $900 per token in 2023.

“Ethereum continues to dominate the market as the leading smart contract platform, driving a variety of innovative projects within its ecosystem,” Ritchie said. “Although, recent market difficulties have sparked investor concern and may limit the cost of ethereum reaching $2,500 this year. Notwithstanding, the low annual inflation rate is expected to keep the price stable and above $900, even if future market disruptions occur.”

Approximately 24% of those surveyed thought that Ethereum will surpass Bitcoin by 2025. The report reveals that 48% of the surveyed panelists count on a turnaround. At present, 60% of crypto and fintech experts believe that ETH has a low value, while 28% think it is quite expensive. Around 12% believe that ETH is undervalued, while 16% support buying it. The report shows that 56% believe it is a good moment to buy ETH, while 28% recommend holding.

“When you look at all the blockchains based on security, decentralization and scalability, none other has its fundamental balance and judicious leadership, along with the critical mass of Ethereum,” futurist and technologist Joseph Raczynski commented. “It is not to say that it can’t be overthrown, but with each passing month it is less likely.” The median forecast for 2025 by the report is that ETH will be worth $6,033 per coin. The panel of surveyed professionals expects ETH to trade at $14,316 per token by 2030.

You can take a look at Finder’s complete ethereum price prediction report here.

What do you think about Finder’s prediction for Ethereum in 2023? Do you agree with the professional assessment, or do the results for the major smart contract platform surprise you? Let us know via the comment section.