VanEck: Ether Will Reach $22,000 by 2030
According to VanEck, in 2030, the price of Ether is expected to reach $22,000. This forecast represents a significant increase from its current value around $3,850.
The global investment firm, which has applied to list an Ether exchange-traded fund (ETF), believes that Ether ETFs could surpass the popularity of their Bitcoin counterparts. According to VanEck’s recent report, this massive price jump is driven by Ethereum’s disruptive capabilities and significant cashflow opportunities for token holders.
VanEck notes that Ethereum’s impact reaches multiple industries, including finance, banking, payments, marketing, advertising, social, gaming, infrastructure, and artificial intelligence.
Their prediction also takes into account the potential approval of Ether ETFs, which would provide investors with the security of qualified custodians and the benefits of easy pricing and liquidity characteristic of ETFs.