What Would Ethereum Price Be If Total Crypto Market Cap Hits $15 Trillion? đ€
Ethereum price has taken a turn for the better recently, breaking past the $2,500 price level and aiming for $2,700 in the short term. The king of altcoins remains bullish in the long term, aiming to return to its all-time highs and probably beyond. At the time of writing, the price of ETH is up 21% from yearly lows of $2,113.
In a world where the Ethereum market cap has swollen to $15 trillion, decentralized finance (DeFi) has taken over most, if not all, of the global financial economy. Governments, corporations, and retail investors all use blockchain for everything.
By this time, Ethereum had evolved to its final version and was able to process hundreds of thousands, if not millions, of transactions per second (TPS). According to YCharts, Ethereum Supply is currently at 120.34M, up from 120.23M one year ago, a change of 0.10%.
The Ethereum market cap has grown by $69.965 billion in the same duration. A $15 trillion market cap would be 56X from the current market cap, and assuming that the rate of growth stays constant at approximately $70 billion per year, it would take Ethereum 210 years to reach this market cap.
Moreover, assuming that the ETH inflation rate remains the same, there would be 23.1 million extra ETH in circulation, bringing the price to about $104,573.
Ethereum price prediction shows an investment of $10,000 in ETH could transform into $1.045 billion. But in the short term, Ethereum price is already rallying. Short-term investors can bag 10-70% before December 2024 as ETH price targets $5,000. As for a $1 billion profit, that would have to wait a bit longer. DYOR
