Future price expectations for leading crypto assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) following the latest crypto halving event.
This survey collected data from 2,558 participants over the period June 25 – July 8, 2024. The results of this survey reflect market sentiment and provide a rough idea of anticipated market trends.
Bitcoin, Ethereum, and Solana Price Targets
A whopping 43.7% of crypto enthusiast respondents believe Bitcoin prices could surpass the US$100,000 level in the current cycle, signaling solid market optimism.
Prediction of Bitcoin price survey results at the end of 2024
This expectation is especially dominant among experienced investors; about half of those in the second cycle (50.5%) and veterans (51.8%) predict Bitcoin will exceed this fantastic target. In contrast, only 35.2% of newcomers predicted such performance. As such, it reflects the usual cautious outlook of those new to the crypto market.
In addition, 17.0% of respondents think Bitcoin is ready to touch the US$91,000 and US$100,000 levels. However, 15.0% took a bearish stance, predicting the US$75,000 level as the maximum target. The remainder, around 24.3%, think Bitcoin will rise to a more moderate range of US$76,000 to US$90,000.
Prediction of Ethereum price survey results at the end of 2024
Ethereum shows a wider spread of expectations. The most common prediction, shared by 20.6% of participants, puts the price target for Ethereum above US$10,000. Meanwhile, 19.2% limits its potential to US$5,000. Unsurprisingly, this split in projections highlights the ongoing debate within the Ethereum community, possibly influenced by its relatively sluggish price performance. Because, so far the price of ETH has only recorded an increase of 35% year-to-date (YTD).
Survey results
On the other hand, other crypto assets, namely Bitcoin and Solana, have appreciated 51% and 65% YTD respectively.
Prediction of Soalna price survey results at the end of 2024.
The majority of crypto participants have a cautiously optimistic view of Solana. Nearly a quarter of total respondents (24.9%) made the most popular prediction that the price of Solana will not exceed the US$300 mark during this market cycle.
Survey results.
Close behind, 14.7% of respondents expect Solana to reach a price range of between US$300 – US$400. Despite general optimism, the exact trajectory for Solana remains a topic of speculation, with varying predictions.
This survey examines varying degrees of optimism and caution across crypto assets and investor experiences. While experienced investors show a bullish view, especially for Bitcoin, newcomers appear more conservative. This insight explains post-halving market investments.
