VanEck: Ethereum will reach $22,000 in an average scenario
The financial giant updated its projections for the price of ETH and in the long term predicts that its price will be $22,000 in 2030, in a base scenario.
As Criptonoticias already reported, the optimism in this forecast is based on the ecosystem technology created by Vitalik Buterin to offer greater efficiency and transparency, compared to credit cards or payment methods such as PayPal. Specialists define it this way:
Ether is a novel asset that exposes investors to a high-growth, internet-native trading system called Ethereum that threatens to disrupt existing financial businesses and the platforms of big tech companies like Google and Apple.
Matthew Sigel, Patrick Bush and Denis Zinoviev, analysts at the firm VanEck.
One of the reasons that would drive the listing of ETH is the approval of cash ETFs by the United States Securities and Exchange Commission (SEC). VanEck is one of the issuing companies that has already submitted the corresponding documentation for the funds to be listed on the market.
Finally, the predictions published in the report also project the price of ETH in a bullish scenario, at $154,000 in 2030, and in a bearish scenario, at $360.
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