{"id":157316,"date":"2022-05-03T18:50:31","date_gmt":"2022-05-03T18:50:31","guid":{"rendered":"https:\/\/precoinnews.com\/?p=157316"},"modified":"2022-05-03T18:50:31","modified_gmt":"2022-05-03T18:50:31","slug":"ethereum-eth-could-hit-11-7k-by-2025-and-23-3k-by-2030-analysts-predict","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/ethereum\/ethereum-eth-could-hit-11-7k-by-2025-and-23-3k-by-2030-analysts-predict\/","title":{"rendered":"Ethereum (ETH) Could Hit $11.7k by 2025 and $23.3k by 2030 – Analysts Predict"},"content":{"rendered":"
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Finder.com’s Keegan Francis went on to point out that Ethereum was at a crucial stage at the moment due to the pending Merge to a Proof-of-stake algorithm and competition from other blockchain networks offering DeFi products. He said:<\/p>\n
\nEthereum is at a very uncertain place in its journey at the moment.<\/p>\n
It is currently losing DeFi market share to its competitors (although it still remains dominant by a huge margin).<\/p>\n
Until Ethereum upgrades its systems and fulfills its promises to scale, I do not have long-term confidence in the network. That being said, I still think people will buy the token out of hype\/promise\/potential. I don’t think ETH will be the #2 asset forever though.<\/p>\n<\/blockquote>\n
Technologist and Futurist at Thomson Reuters, Joseph Raczynski, was of a similar opinion on the significance of the Merge on the price of Ethereum. He said:<\/p>\n
\nThe Merge, an upgrade to Ethereum, should happen this summer.<\/p>\n
This could have an explosive effect on the token. People have been waiting for this for years. It should be far more secure, 99% more energy-efficient, and deflationary.<\/p>\n
If that isn’t the trifecta of potential, as a leading blockchain, I don’t know what would be.<\/p>\n<\/blockquote>\n
Ethereum’s Price Prediction is Not Financial Advice<\/h2>\n
To note is that the team of analysts at Finder.com also issued a disclaimer stating that the information provided on Ethereum is not an endorsement of the digital asset nor a recommendation to trade it.<\/p>\n