Why crypto strategists predict Ethereum to cross the $5000 mark before 2022
A new survey by Finder.com found several financial strategists peg a price target of $5,000 for Ethereum, more than 100% of its current value. According to the forecast, fintech panelists have opined that the prices of Ethereum will continue to soar as 80% of applications are built on the Ethereum blockchain. The panelists have also stated that Ethereum has carved its independent niche amongst other cheaper, faster blockchain networks like Avalanche and Solana, and are anticipating that the said crypto will maintain its usual pace by the end of this year.Ethereum Price Prediction for the year 2021 Three panelists—Julian Hosp, CEO of Cake DeFi, Joshua Fraser, head of the blockchain at Realfevr Pedro Febrero, and co-founder of Origin Protocol are of the view that Ethereum will remain bullish for the rest of the year, each anticipating its prices to close at a striking $10,000 mark. “Ethereum at present is accommodating a large alternative financial system in DeFi which will continue to grow. It is set to become the main financial settlement layer of the world which will eventually reflect in its prices in the future,” said Fraser in a comment. Out of five panelists, two of them have stated that Ethereum might have a bearish