fair value of eth is $12k - $24k says @fundstrat.
eth is $4k atm and valued at $500 billion. the prediction is $1.2 trillion to $2.5 trillion in market cap.
here's what makes this prediction very realistic and credible:
- eth institutional demand is surging, not just in the U.S. but in Japan and elsewhere.
- eth is dominating the stablecoin market, the new meta of crypto. currently accounts for $169.4 billion in issuance.
- nations / major corps are building on eth. notably alipay on eth and Japan's stablecoin on eth.
- eth is absolutely dominating defi with TVL stable around $100 billion.
- on top of all of this, eth network activity is going ballistic, hitting ATHs month after month.
- L2s on ethereum are achieving new highs across most metrics. value accrual on eth continues to surge.
- most tokenization is happening on eth at the moment. tokenization and RWA is the long-term meta.
- ethereum is improving FAST at the foundation level, with zkvm, zkethereum, and parallel scaling.
ethereum is the world computer. now it's also becoming the world capital markets network.
eth supercycle has just started.
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