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Consensys Forecasts Ethereum Price Hitting $15,800 by 2028

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by Giorgi Kostiuk

6 hours ago


Consensys, led by Chief Strategy Officer Jason Linehan, forecasts Ethereum's price reaching $15,800 by 2028 based on the 'trustware' concept.

Forecast and Trustware Concept

According to Consensys' forecast, Ethereum will be utilized as a core part of financial infrastructure. The 'trustware' concept highlights Ethereum's evolution from a mere smart contract protocol to an important economic asset.

quote: "Trustware is a new way of talking about the incredible value that Ethereum is already bringing to the economy." — Jason Linehan, Chief Strategy Officer, Consensys

Ethereum's Role in DeFi and Institutional Investments

Consensys also confirms Ethereum's growing role in the DeFi sector, which is projected to secure $1 trillion in assets by 2028. Institutional investments in tokenized assets and stablecoins are expected to significantly affect Ethereum's valuation, shifting reliance from traditional financial systems to blockchain infrastructures.

Future of Ethereum and Its Impact on Financial Systems

The increasing institutional interest in Ethereum's technology is corroborated by recent on-chain metrics and the expansion of the validator network. These changes mark increased decentralization and security. Under the 'trustware' framework, Ethereum is set to redefine trust and reliability in financial systems.

Consensys' forecasts highlight Ethereum's potential not only as a financial asset but as a platform instigating significant changes in the financial sector, which could lead to widespread adoption and regulatory alignment.

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