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Ethereum price is expected to reach $7,609 this year

According to Australian fintech Finder’s panel of 33 crypto specialists, Ethereum price is expected to reach $7,609 this year, although it is expected to be around $6,500 later this year.

Ethereum price expected to hit $7,609 in 2022

In the long-term, the panel predicts the Ethereum price will reach $10,810 by the end of 2025 and $26,338 by the end of 2030 – 30% and 48% lower than last October’s prediction.

79% of panelists believe that Ethereum’s move to a proof-of-stake (PoS) model will lead to an increase in price, but 11% believe it could depress Ethereum price due to persistently high gas fees and other issues. issue of scalability.

Ether is the second largest cryptocurrency by market capitalization and the most popular blockchain for dApps.
Network congestion and scalability issues on Ethereum have allowed competitors such as Solana and Terra to provide alternative options for developers to build on.

52% of panelists said it was time to buy Ethereum and 30% advised to hold, but 19% said it was time to liquidate.

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