VanEck revised his Ethereum prediction, setting the price at $22,000. Here’s why:
We recently revised our forecast. Ethereum (ETH) Ethereum price Changed to revised price.
In recent years Spot Ethereum ETFTrading could begin soon.
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They noted that these Spot Ethereum ETFs have caused them to revise their previous predictions as they will be accepted by financial advisors and financial advisors. institutional investor Holds crypto tokens. They believe that this category of investors can bring new money into the Ethereum ecosystem and drive the prices of cryptocurrency tokens higher.
VanEck expects the Ethereum network to continue to enjoy rapid stock market growth thanks to interest from traditional investors and Big Tech. They believe this along with this.
They predict the value of ETH by 2030 and state that these cash flows will accrue to Ethereum’s native token. A rise to $22,000 would imply a return of approximately 487% and a compound annual growth rate (CAGR) of 37.8% at Ethereum’s current price. Meanwhile, if Ethereum reaches $22,000 market capitalization It amounts to approximately $2.2 trillion.
Highlighting the potential of Ethereum
VanEck sounded very optimistic. Decentralized Application (dApp)While determining the future valuation of ETH, they considered the market size of the business sectors that blockchain technology will disrupt.
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The asset manager also highlighted how ETH could greatly benefit from the potential of ETH, as no actions can be taken on the network without its native token. They also mentioned how 80% of the revenue earned by the network is used. Ethereum tokens in circulation.
한편 VanEck는 ETH가 “비암호화폐 금융 세계에서 거의 비교할 수 없는 혁신적인 자산”이라고 믿습니다. They called it “digita oil” because it was consumed by those who traded. Ethereum Network.
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