Will Ripple Yearn Finance go up or crash? Read our Yearn Finance YFI Price Prediction 2021 – 2025
On the hunt for Yearn Finance predictions? Or have you been struggling to answer the question ‘is Yearn Finance a good investment?’ Read on. Find out the top Yearn Finance YFI Price prediction forecast for 2021 and beyond and discover how much Yearn Finance could be worth.
Are you wondering ‘will Yearn Finance go up’? You’re in the right place. Read on to discover what some of the top crypto analysts expect to happen to the price of YFI in 2021-2025.
With a staggering price of $45,805.30, Yearn Finance (YFI) is one of the most expensive cryptocurrencies on the market. At the time of writing, its market capitalization rate is $1,675,562,487, making it the world’s 61st largest cryptocurrency according to CoinMarketCap.
It may seem unusual that such a valuable crypto comes relatively far down the list. After all, in price alone, Yearn Finance comes second only to Bitcoin - the undisputed king of cryptocurrency that has been the world’s biggest crypto since it kickstarted the industry in 2009. So, is YFI a good investment?
If you want to find out, you’re in the right place. In this article, we’ll be sharing some of the most compelling predictions for the price of Yearn Finance in 2021-2025. We’ll also explain what exactly Yearn Finance is, how it works, and how its price has changed since its launch last year.
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- What is Yearn Finance (YFI) and How Does it Work?
- Short-term Yearn Finance (YFI) Price Predictions: 2021
- Long-term Yearn Finance (YFI) Price Predictions: 2022-2025
- How Has the Price of Yearn Finance (YFI) Changed Over Time?
- What Factors Can Affect the Price of Yearn Finance (YFI)?
- Key Points
What is Yearn Finance (YFI) and How Does it Work?
Yearn Finance (YFI), which was originally launched in February 2020 under the name iEarn, is an aggregator service that aims to simplify the world of decentralized finance (DeFi). The platform was built on the Ethereum blockchain, which makes the YFI coin an ERC-20 token.
The purpose of Yearn Finance is to enable users of DeFi platforms to maximise their profits through practises such as lending, insurance, and yield farming. Yield farming is a form of staking assets to gain rewards in the form of additional crypto assets, and is sometimes known as liquidity mining.
The Yearn Finance platform uses automation to secure the highest yields for cryptocurrency investors. Much like the Compound (COMP) platform, it’s governed by its own users and doesn’t apply policies such as KYC (know your customer). This is to make the platform as democratic as possible, with the fewest barriers to entry.
The YFI coin is a governance token. People who hold the token can vote on policy changes, according to Yearn Finance’s governance model. They can also receive regular cash flows (in the form of YFI reserves) from the fees generated by the protocol.
Short-term Yearn Finance (YFI) Price Predictions
Yearn Finance YFI price prediction for 2021
What are crypto experts forecasting for Yearn Finance in 2021?
Because Yearn Finance only launched in 2020, the last 18 months or so have been its first on the market. Due to factors such as the coronavirus pandemic, the subsequent bull run, and comments recently made by Elon Musk, the crypto industry has had one of its most volatile years to date. So, what could the rest of the year have in store for YFI?
According to Trading Beasts, the forecast is mixed. Although its maximum price predictions are comfortably higher than the asset’s current price of $45,805.30, its average and minimum prices are a different story. Its analysis suggests that Yearn Finance could fall in value before July 2021, reaching an average price of ‘just’ $43,740.166.
Yearn Finance YFI Price Predictions For 2021:
|Month||Minimum Price||Maximum Price||Average Price|
Thankfully, it looks as though the Yearn Finance crypto could rally towards the very end of the year. Although Trading Beasts’ minimum predictions are consistently lower than Yearn Finance’s current price, its average and maximum prices are both higher from October onwards.
By December 2021, the Yearn Finance asset could be trading at an average price of $48,697.003 or a maximum price of $60,871.254. While $48,697.003 isn’t wildly higher, it still shows that the crypto could gain value soon — a reassuring prospect after its recently bearish downturn.
Trading Beasts isn’t alone in thinking that Yearn Finance could go up in price, although it’s far less sure of this than Wallet Investor! According to its analysis, the YFI cryptocurrency is in for a smooth bull run, starting now and carrying on uninterrupted for the next year.
After 18 volatile months on the market, this graph is a welcome sight.
Wallet Investor believes that Yearn Finance could be worth between $60,422.90 and $80,881.30 by the end of December 2021. That means the price of YFI could grow by over 80% across the next six months.
If the platform’s maximum predictions are correct, it also means that Yearn Finance will exceed its current all-time high (ATH) of $88,277.36 by early 2022. Considering YFI started trading at around $1,000, this would be an impressive growth rate after just a couple of years on the market.
Unfortunately, Long Forecast isn’t as optimistic. Its technical analysis has shown that the price of Yearn Finance could deteriorate within the coming months, falling to a yearly low of $20,600 in August. At less than half the value of YFI’s current price, this would be bad news for any investors who are wondering ‘will Yearn Finance go up?’
Yearn Finance YFI Price Predictions In 2021:
Although the Yearn Finance crypto seems likely to rally later in the year, it will never reclimb to $45,805.30. After briefly hitting $42,413, Long Forecast believes that Yearn Finance will eventually close at a price of $39,638 — a loss of around $6,000 in total.
What Will Happen to the Price of Yearn Finance (YFI) in 2021?
According to these predictions, the price of Yearn Finance could potentially lose significant value over the course of the next six months. (Wallet Investor’s forecast is a notable exception). Long Forecast clearly believes that the asset will fall in price until starting to rally from October onwards.
Will the Price of Yearn Finance (YFI) Go Up in 2021?
The price of Yearn Finance (YFI) could go up in 2021, but this isn’t something all of the predictors agree on. Long Forecast believes that YFI’s yearly high has been and gone and that it will continue to fall from its current price. Wallet Investor, on the other hand, is convinced that the crypto will go from strength to strength over the next year.
Additional predictions for the price of Yearn Finance in 2021 include:
- Digital Coin Price $68,218.47
- Cryptocurrency Price Prediction: $261,965.80
- Coin Price Forecast: $83,830
- Coins Kid: $58,708.61
Long-term Yearn Finance (YFI) Price Predictions: 2022-2025
What are crypto experts forecasting for Yearn Finance in 2022 and beyond?
Considering how many surprises 2020-2021 had in store for the cryptocurrency market, it’s no surprise that the short-term predictions are varied. So, what could we expect to see in 2022-2025? Will Yearn Finance go up? And is YFI a good addition to your portfolio?
Our first long-term price prediction comes from Digital Coin Price. The platform predicted an average price of $68,218.47 for 2021 and believes YFI will continue to gain value in the run-up to 2030.
As we can see, Digital Coin Price expects Yearn Finance to hit a new ATH in 2023.
If this forecast is correct, we could expect to see the following Yearn Finance prices over the coming years:
- 2021: $68218.47
- 2022: $80,081.57
- 2023: $93,383.50
- 2024: $104,925.81
- 2025: $131,868.82
- 2026: $162,737.44
- 2027: $167,672.74
- 2028: $205,971.36
According to this analysis, Yearn Finance could hit the $100,000 resistance point by 2024 - which would make it the first cryptocurrency ever to reach six figures. From here, its price will continue to grow. Between 2024 and 2025, Digital Coin Price believes that the Yearn Finance asset could gain a staggering $27,000. Between 2025 and 2026, it could gain a further $31,000. That’s a total of $58,000 in just two years! To put that in perspective, that’s more than the current price of Bitcoin.
Coin Price Forecast is even more optimistic about the long-term prospects of Yearn Finance. It believes that the asset will hit $100,000 in 2022, with this number rising to around $200,000 by 2026. That’s two years sooner than the prediction from Digital Coin Price.
Yearn Finance Price Predictions 2021-2025
This table shows a relatively steady growth rate. Although Coin Price Forecast expects the price of Yearn Finance to drop slightly from $133,499 at the end of 2022 to $126,959 at the midpoint of 2023, it ultimately believes that the asset will follow a bullish trend. We could see Yearn Finance brush against $200,000 as soon as 2025.
Cryptocurrency Price Prediction has given one of the most bullish long-term predictions we’ve seen. While Coin Price Forecast expects Yearn Finance YFI to reach $200,000 by 2026, Cryptocurrency Price Prediction is years ahead, believing that Yearn Finance could hit $200,000 before the end of 2021.
And its price won’t stop there. The platform has given a staggering prediction that suggests YFI could gain as much as $100,000 a month between January 2022 and December 2025, eventually hitting over $2,000,000. If this forecast turns out to be accurate, it’s possible that YFI could outstrip Bitcoin as the world’s most valuable cryptocurrency within the next five years.
Yearn Finance Price Predictions in 2022:
Yearn Finance Price Predictions in 2025:
What Will Happen To The Price of Yearn Finance (YFI) in 2025?
On the whole, the predictions for 2025 are far more bullish than those we saw for 2021 — but that doesn’t mean that there’s no variation between forecasts. Cryptocurrency Price Prediction has given the highest prediction, suggesting that Yearn Finance could reach over $2,000,000 by the end of 2025.
Will the Price of Yearn Finance (YFI) Go Up in 2025?
Yes, it seems possible that the price of Yearn Finance could go up in 2025. According to these predictions, YFI could reach anything between $131,868.82 and $2,229,881.90. This is a huge range, but whichever end of the scale the asset eventually hits, it will represent a significant increase on its current price.
Additional predictions for the price of Yearn Finance in 2022-2025 include:
- Wallet Investor: $129272
- Trading Beasts: $80,826.704
- Coins Kid: $173,461.52
- Long Forecast: $61064
- Wallet Investor: $ 177400
- Trading Beasts: $101,834.846
- Coins Kid: $262,633.65
- Long Forecast: $85300
- Wallet Investor: $ 226742
- Trading Beasts: $120,216.485
- Coins Kid: $460,115.99
- Long Forecast: $46,767
- Wallet Investor: $274397
- Coins Kid: $675,958.54
- Long Forecast: $100410
Conclusion: Yearn Finance (YFI) Price Prediction Forecast
The below prediction figures outline some of the Potential high and low of Yearn Finance YFI price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.
Would you consider buying YFI?
How Has the Price of Yearn Finance (YFI) Changed Over Time?
Because Yearn Finance has only been on the market since August 2020, its first year on the market has been an eventful one. The YFI token began trading at a price of around $1,000, which quickly grew. Between the 15th and 20th August, it rose from $4,595.2 to $14,853.17 - its first major price increase. This wasn’t the end, though. The asset had been available for less than a month before it surpassed $35,000, making it more expensive than Bitcoin at the time.
Initially, Yearn Finance seemed unstoppable, especially after peaking at over $40,000. But towards the end of 2020, its price began to collapse and it hit its lowest value since its release on 5th November ($7,887.98). It timed this bearish adjustment well. By the middle of November, the market-wide bull run had begun to take off, and YFI was caught up in the action.
With the exception of a few (brief) bearish downturns, the asset went from strength to strength. It hit its current ATH of $88,287.47 on 12th May after rocketing by more than $30,000 in just two days. Unfortunately, this wasn’t long-lived. After Elon Musk’s disastrous announcement that Tesla would no longer accept Bitcoin payments for its cars, the cryptocurrency market crashed - and Yearn Finance was no exception. On 23rd May 2021, YFI hit $27,917.53, which was its lowest price all year. It has rallied quickly, but investor confidence remains shaky. Only time will tell which, of any, of the predictions in this article are accurate.
We can see these price changes represented on the graph below, which comes from CoinMarketCap:
What Factors Can Affect the Price of Yearn Finance (YFI)?
Because the cryptocurrency market is so volatile, there are many external factors that can affect the price of assets such as Yearn Finance. These include:
Social Media Mentions
Social media plays an enormous role in the cryptocurrency market. Whether it’s Elon Musk tweeting about Dogecoin or a prominent crypto analyst announcing a new prediction, it’s not big banks driving the prices of digital assets - it’s Twitter, Reddit, and Quora.
According to data from Santiment, a company that releases behaviour analysis to help investors keep up with the latest cryptocurrency trends, Yearn Finance received a record number of social media mentions (157) after May 10th-11th, when the crypto’s price rose to its ATH of $88,277.36. Although Elon Musk shortly interrupted this growth with his infamous Bitcoin announcement, it still shows how closely social media is linked to an asset’s value.
The Rise of DeFi
The rise of decentralized finance (or DeFi) is also one of the biggest factors to consider when asking ‘is Yearn Finance a good investment?’. Like Compound (COMP) and Aave (AAVE), Yearn Finance was one of the first blockchain protocols in the DeFi space. That means it’s ideally positioned to capitalize on the growth of the sector.
DeFi is the idea that people should be able to access financial services without going through centralized bodies such as banks, hedge funds, and other big businesses. The notion was first introduced in 2020 and it soon took the market by storm. According to data published by FX Street, the total value locked on DeFi grew from $1 billion to $9.83 billion between June and September 2020. That’s an increase of approximately 800% in the space of just four months.
- Yearn Finance is an aggregator service that aims to simplify the world of decentralized finance (DeFi).
- At the time of writing, Yearn Finance has a price of $45,805.30, Yearn Finance (YFI) and a market capitalization rate of $1,675,562,487. This makes it the 61st largest cryptocurrency in the world.
- The YFI coin is a governance token. People who hold the token can vote on policy changes, according to Yearn Finance’s governance model. They can also receive regular cash flows (in the form of YFI reserves) from the fees generated by the protocol.
- According to Trading Beasts, Yearn Finance could fall in price in July 2021 but rally towards the end of the year, closing at $48,697.003.
- Wallet Investor believes that Yearn Finance could be worth between $60,422.90 and $80,881.30 by the end of December 2021. That means the price of YFI could grow by over 80% across the next six months.
- Long Forecast expects YFI to close the year at a price of $39,638.
- In the long term, Digital Coin Price believes that Yearn Finance could hit the $1,000 mark in 2024, rising to $131,868.82 by the end of 2025.
- Coin Price Forecast has given a top price of $178,316 for the end of 2025 and believes the asset will hit $200,000 in 2026.
- Cryptocurrency Price Prediction has given a staggering forecast that suggests YFI could gain as much as $100,000 a month between January 2022 and December 2025, eventually hitting over $2,000,000.
- Yearn Finance hit its ATH of $88,277.36 in May 2021.
- Factors that can affect the price of Yearn Finance include the number of social media mentions it receives and the popularity of the DeFi sector.
We hope you’ve enjoyed this article about the top Yearn Finance price predictions for 2021-2025.
Will the price of Yearn Finance go up? According to the forecasts, we could see the value of Yearn Finance YFI - which is already one of the world’s most valuable cryptocurrencies — rise to a staggering $2 million before 2030. This may seem unfeasibly high, but after the volatility of the previous year, it’s clear the market doesn’t always do what we expect.
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