Asset manager VanEck recently released its Ethereum (ETH) price forecast, suggesting a potential increase in the cryptocurrency’s value to as much as $154,000 by 2030. According to the company’s report, Ethereum is expected to generate “cash flows free” in the order of US$66 billion, marking a substantial growth of 487% in relation to current values.
VanEck’s report especially highlights Ethereum’s performance in the stablecoin sector. Over the past year, the Ethereum blockchain has moved an impressive $4 trillion in stablecoins, facilitating additional transactions totaling $5.5 trillion in such tokens. Currently, the market capitalization of Ethereum-based stablecoins exceeds $91 billion.
The document compares the revenue generated by Ethereum with that of large Web2 platforms, highlighting: “Ethereum ($3.4 billion) generates more revenue than Etsy ($2.7 billion), Twitch ($2.6 billion) billion) and Roblox ($2.7 billion) […] Considered a vibrant economic platform, Ethereum can be seen as a ‘digital mall’ where the number of users has grown by around 1,500% and revenue has increased at a CAGR of 161% since 2019.”
The recent US approval of Ethereum-based exchange-traded funds (ETF) also played a crucial role in VanEck’s bullish price review. Additionally, the company analyzed the potential impact of artificial intelligence (AI) on Ethereum, incorporating the AI market into its updated valuation model. The Ethereum network infrastructure is seen as essential to the emerging AI economy, providing unique properties important for the development of AI applications.
VanEck emphasizes that Ethereum’s impact extends beyond financial capabilities, enabling the creation of more engaging and profitable applications for entrepreneurs thanks to its open source and permissionless environment. According to the manager, 71% of Ethereum’s revenues are expected to come from financial businesses by 2030, with other sectors such as AI contributing significantly to its revenue stream.
Ethereum Price Prediction 2030: VanEck
| Ether Price Target for 2030: Baseline, Bullish, and Bearish Scenarios | |||
| Base case | Bull case | Bear Case | |
| Ethereum Terminal smart contract market share | 70,00% | 90,00% | 15,00% |
| ETH target price | |||
| Estimated revenue for 2030 (US$ million) | US$ 78.501 | US$ 361.641 | US$ 2.477 |
| Global Crypto Tax Rate | 15% | 15% | 15% |
| Validator Hack | 1,00% | 1,00% | 1,00% |
| FCF for Tokenholders in 2030 ($millions) | US$ 66.058 | US$ 304.321 | US$ 2.084 |
| Multiple FCF Terminal | 33,33 | 50 | 20 |
| ETH-FDV ($million) | US$ 2.201.945 | US$ 15.216.032 | US$ 41.681 |
| ETH supply in 2030 | 100,07 | 98,85 | 115,73 |
| 2030 Token Price (USD) | US$ 22.000 | US$ 154.000 | US$ 360 |
At the time of publication, the price of ETH was quoted at US$3,848.21, up 1% in the last 24 hours.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Source: https://portalcripto.com.br/previsao-de-preco-do-ethereum-vaneck-acredita-que-eth-alcancara-us-154-000-ate-2030/
