VanEck, a global investment firm, has set a new price target for Ether (ETH), projecting it to reach $22,000 by 2030. This ambitious forecast marks a significant rise from its current level of around $3,850.
According to VanEck, Ethereum’s disruptive potential across various sectors and substantial cash flows generated for token holders will drive this increase. The firm highlights that Ethereum is revolutionizing finance, banking, payments, marketing, advertising, social media, gaming, infrastructure, and artificial intelligence.
A key factor in this prediction is the anticipated approval of Ether exchange-traded funds (ETFs). VanEck expects these ETFs to surpass the size of Bitcoin ETFs, providing financial advisors and institutional investors a secure way to invest in Ether through qualified custodians, while benefiting from the pricing and liquidity advantages characteristic of ETFs.
VanEck’s report emphasizes Ethereum’s ability to offer lower costs, increased efficiency, and greater transparency. This disruptive power is expected to shift significant market share from traditional financial and tech institutions, which have a combined total available market (TAM) of $15 trillion, to blockchain-based solutions.
Moreover, VanEck predicts that the free cash flows from holding Ether, derived from revenue, will reach $66 billion by 2030, further supporting the valuation.
Ether has already seen a strong performance, up more than 63% year-to-date, indicating positive momentum towards achieving this target.
