Ethereum price undervalued since The Merge

According to a new study by financial services company Finder, nearly half of 55 fintech and cryptocurrency specialists think Ethereum is underpriced.

since the network switched to a proof-of-stake blockchain with "The Merge" upgrade last month. 

23% of the panellists in the survey stated the coin was overvalued, while 46% thought Ether should be valued higher.

According to the panellists, ETH may conclude 2022 at approximately US$1,377 but is predicted to plummet as low as US$963 before rising to a high of US$1,722 this year.

The research by Osom Finance Chief Executive Anton Altement stated that "overall market pessimism fueled by Fed's policies.

still locked ETH staking are the primary factors holding back the price." 


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