Key Findings
VanEck, a leading investment manager, predicts a remarkable surge in Ethereum’s value over the next decade.
- Base Case Target (2030): $22,000 (472% gain)
- Bull Case Target (2030): $154,000 (3,905% gain)
Driving Factors
VanEck attributes Ethereum’s potential rally to an increase in its free cash flows, which represent the network’s earnings after deducting operating costs.
Ethereum’s Strength
- Generates more revenue per user than major brands like Apple Music and Netflix.
- Supports a thriving digital economy with millions of active users and billions of dollars in transactions.
Downside Risks
- Regulatory uncertainties, such as potential classification of ETH as a security.
- Lobbying efforts by large financial institutions could hinder Ethereum’s growth.
Current Value and Comparison
As of writing, Ethereum trades at $3,845. VanEck emphasizes that Ethereum’s current revenue generation surpasses that of some household brands.