Ethereum (ETHUSD)

[ap17]

VANECK RAISES PREDICTION 🏦
BREAKING: VanEck predicts Ethereum will hit $22,000 per token by 2030

ethereum
VanEck believes Ethereum will hit $22,000 by 2030. 🤯

That’s a 487% return from todays price and a compound annual growth rate (CAGR) of 37.8%

This price target is based on Ethereum’s significant user base and economic activity:

20 million monthly active users

Facilitates $4 trillion in annual settlement value

Overseas $308 billion in digital assets

According to VanEck, the launch of the Ethereum ETFs is arguably the most important step:

“We anticipate that spot ether ETFs are nearing approval to trade on U.S. stock exchanges. This development would allow financial advisors and institutional investors to hold this unique asset… and benefit from the pricing and liquidity advantages characteristic of ETFs.”


VanEck research report
Continuing on, the report explains:

“While maintaining its dominant position among smart contract platforms, we see a credible path to $66B in free cash flow to token holders supporting a $2.2 trillion asset, or $22k per coin, by 2030.”


VanEck research report
But $22,000 is only VanEck’s “base case”.

They also included price targets for their bull and bear cases by 2030:

Bull case: $154,000

Base case: $22,000

Bear case: $360

($360 - $154,000 that’s quite the range they’ve got there…)

VanEck also notes that Ethereum’s user base has been increasing at a rapid rate.

ethereum
Did you also know that Ethereum has has higher revenue per user than most Web2 businesses?

onchain
$22,000 does feel a little conservative…

But if $22,000 by 2030 is the case, you can’t really complain about a compound annual growth rate of 37.8%

As a reminder, the Ethereum ETFs have only been approved. They haven’t launched yet. 🚀

If you’re interested, checkout the full report here.