Analysts from StoneX Digital and asset manager VanEck have released forecasts on the potential increase in Ether’s (ETH) price by the end of this decade. According to their estimates, the token could reach $12,000 - $22,000.
Analysts' Forecasts
Matthew Sigel, VanEck’s head of digital asset research, expects the Ethereum network to generate up to $66 billion in annual free cash flow by 2030, driving spot ETH’s price as high as $22,000 per token. David Kroger, a data scientist at StoneX, sees ETH prices climbing to roughly $4,600 over the next 18 months.
Growth Factors
One key factor for ETH’s price growth is the upcoming technological upgrades in the Ethereum network. Kroger noted: 'The upside, though, is much higher—around $12,621—especially considering some of the upcoming technological upgrades that Ethereum is working on.' Annually, Ethereum processes approximately $4 trillion in settlement value and another $5 trillion in stablecoin transfers. 'This is far bigger than PayPal and is beginning to approach networks like Visa,' Sigel said.
Experts' Opinions
Sigel noted that positive ETH price action may start as soon as this year, as Ethereum recovers from a sharp dropoff in revenue after the network’s March Dencun upgrade cut transaction fees by approximately 95%. 'There wasn’t enough volume to make up for the fee decline, so investors have become less constructive about the chain,' Sigel said. Kroger also added that decreasing trust in centralized institutions drives demand for decentralized alternatives: 'This demand is more pronounced outside the US because of the damage done to the credibility of the US dollar.'
According to analysts' forecasts, technological improvements and increasing transaction volumes could significantly boost Ether’s value in the coming years. However, investors should consider both positive and negative market scenarios.
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