deVere Group, an independent financial consulting company, forecasts, that Ethereum price will reach 2,500 USD till the end of the year. This company provides investment and wealth consulting services, and their specialists believe that the second largest and one of the most popular cryptocurrencies may have a significant rise during this year.
The main reasons for such optimistic views are the general increase of the world in cryptocurrencies as well as the technology called smart contracts, which are applied far out of the crypto-world. The general regulation for cryptocurrency market is just a matter of time, they believe, and as soon the regulation is accepted worldwide, cryptocurrency prices will grow immensely.
Moreover, the specialists of deVere Group believe, that the next bitcoin rally is on the way. Though, this time, most likely, sharp rises will be accompanied by correction periods. According to their forecasts, the main currency may reach the price 25,000 USD per coin till the end of the year.