Ethereum (ETH) Price Forecasted to be US$1711 by the end of 2022

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Ethereum (ETH) price has started to restart above the $1,500 range. A study of 53 crypto and fintech industries predicts the price of ETH could fall by as much as US$675 before recovering and closing the year at US$1,711.

The expert panel believes ETH will reach US$5,739 by the end of 2025 and US$14,412 by the end of 2030. This is stated in Finder.com's latest price prediction report, quoted from Finbold.

The panel's opinion differs about the right time to buy ETH. Factors to consider are the crypto market sluggishness and the merger event where the ETH network transitions to yahoo Proof of Stake (PoS).

43 percent of panelists said now is a good time to buy ETH, while 16 percent said otherwise. 41 percent said crypto investors should HODL for now.

Meanwhile, 78 percent of panelists believe the merge event will have a positive impact on ETH prices. A quarter of the panelists predict an increase in prices will occur after the merge.

Bullish Outlook for Ethereum Price

Director and lecturer at Swinburne University of Technology, Dr. Dimitrios Salampasis, has a bullish view of ETH. According to him, ETH will trade at a price of US$2,350 by the end of 2022 and the positive impact of the merge will appear six months afterward.

“The transition to a PoS consensus algorithm is expected to boost the scalability of the Ethereum network and provide transaction efficiency and effectiveness and reduce gas fees,” Salampasis explained.

He added, Ethereum still has to innovate in order to be unique compared to its competitors, especially Solana (SOL) and Algorand (ALGO).

On the other hand, CloudTech Group COO Kevin He has a bearish view on the year-end prediction. He sees the price of ETH will reach US$750. However, he said ETH would be worth US$5,000 by the end of 2025.

“If Ethereum successfully completes the merger this year, we expect prices to rise as PoS and faster transactions drive ETH demand from miners, investors and app users,” said He.

Should the crypto market improve in the middle of the second year, He said ETH prices could break past records due to increased demand.

According to CoinMarketCap data, ETH is trading at $1,526, up 2.27 percent on the day and 43.82 percent over the past week.

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