ETH price will reflect this future reality.” Is Ethereum’s market share under threat? “Eventually Ethereum will be one of the main financial settlement layers of the world. “Ethereum is currently hosting an already large but still quickly growing alternative financial system in decentralized finance or DeFi,” Origin Protocol co-founder Joshua Fraser told Finder. Other Finder panelists who were bullish on Ethereum cited the blockchain’s range of use cases and first-mover advantage.
“Ethereum does a better job of supporting development on its blockchain and will have a more lightweight proof-of-stake mining model than Bitcoin means that it can potentially be the backbone of Web 3.0.” Polotsky told Finder that he expected Ethereum to end the year at US$4,500 and that Ethereum’s growth could even surpass that of Bitcoin’s. One of Finder’s panelists for this survey was Daniel Polotsky, founder and chief advisor of CoinFlip, a U.S.-based Bitcoin ATM network. According to Finder, the published results came from a truncated mean, with the outlier responses in the top 10% and bottom 10% removed. Panelists are allowed to own cryptocurrencies, including Ethereum. The survey of experts by Finder - a data and analysis firm headquartered in Sydney - was conducted from Sept. See related article: What is Ethereum, and could it become the future of blockchain? What’s driving Ethereum’s growth The price of Ethereum (ETH) is expected to be at US$5,114 by the end of this year, according to the average of forecasts collected from a panel of 50 finance and crypto experts surveyed for Finder’s most recent Ethereum Price Predictions Report.Įthereum’s Ether - the second-largest cryptocurrency by market value after Bitcoin - is currently trading at $4,223 as of publishing time, close to its all-time high of US$4,361.18 on Oct.
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