Over the past few months, the cryptocurrency crash has made headlines as well as concerns among investors. Of course, if Bitcoin is the hardest hit, its cousins weren’t spared either. In the effect, Ethereum also dropped drastically, especially due to its still weak connection with the queen of cryptocurrencies. When these lines are written, the currency is valued as follows: 1507 euros.
But the next few months will be particularly complex, and experts are not mistaken. In a survey for the Finder site, 57 of them predicted that Ethereum is about to drop. 660 euros. However, this does not mean the end of cryptocurrency. Indeed, revived by the recovery of the past few days, experts predict that the currency may rebound. 1672 Euros until the end of the year.
Experts are optimistic about Ethereum, but less than before
From here, Ethereum should continue climbing. Again, according to the same expert panel, the cryptocurrency should reach 5609 Euros by 2025. 14,000 euros until 2030. Optimism is therefore in order, but so is prudence. Indeed, experts are much more conservative about the future of Ethereum than a few months ago.
Recall that the cryptocurrency should end the year in February at 6350 euros. Following this, experts predicted it would reach 27,732 € in 2030. “As Ethereum’s correlation with bitcoin is still high, we can predict that its price could diverge if the Merger happens before the end of the year. However, the external economic factor is vital and creates barriers to short-term price movements.”Ben Ritchie, one of the experts on the panel, commented.
As a reminder, Unification Ethereum’s transition from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) blockchain. It will take place next September, which is eagerly awaited by investors. “All eyes are on Fusion when it comes to ETH”points out Coinjar CEO Asher Tan. Like this, 43% of experts believe it’s time to buy.
