Here are Ethereum developer’s expectations from 2021
Ethereum developers Ryan Sean Adams, David Hoffman and Lucas Campbell shared their expectations for 2021 in a joint blog post. An article with forecasts for Ethereum Price and the DeFi sector gave a target of $ 2,500 for ETH price.
Trio of Ryan Sean Adams, David Hoffman and Lucas Campbell are known for their contribution to the Ethereum ecosystem, as well as the Bankless program they co-created. Three names included their predictions for 2021 in the latest paper they prepared for Bankless.
Ethereum price could be $ 2,500
Common expectation of these three developers is that the price of Ether will exceed $ 2,500 before the end of the year. Adams, Hoffman and Campbell believe that Ethereum network, which mediates $ 1 trillion worth of transactions through 2020, can mediate $ 3 trillion worth of transactions this year. These three names working in the DeFi sector expect at least two Defi protocols to be among the 10 largest cryptocurrencies this year.
Adams personally believes that stablecoins will exceed $ 250 billion in total Sunday value. Hoffman expects USDC to start competing with USDT in terms of supply, and all stablecoins will be Ethereum-based.
General estimates of regulations
Article also shared some predictions about regulations and the attitude of government organizations towards cryptocurrencies. Three believe that in 2021 at least two different big banks will use the Ethereum network to improve their financial transactions.
China’s Digital Yuan project is expected to come to life, and U.S.A will begin to evaluate the digital dollar issue much more seriously than it is now.. Another thing that is thought to come to life is Facebook’s digital money project called Diem. But Hoffman believes that this project will not have great repercussions.
One of Hoffman’s most telling predictions was about Tron. Hoffman thinks the SEC can sue tron for securities, just as it did with XRP.