VanEck has updated its price targets for Ethereum (ETH) by 2030, citing factors such as ether ETF news, scaling progress, and onchain data analysis. The base case price target is set at $22,000, with a bull case scenario predicting $154,000 and a bear case at $360. The bull case would position Ethereum's market cap at $18.5 trillion. This announcement follows VanEck's previous prediction for Solana (SOL) to reach $3,211 by 2030, which would represent an 18.5x increase from current prices, compared to a 5.7x increase for ETH. The analysis was led by Matthew Sigel and Patrick Bush.
So VanEck has called for $22,000 ETH by 2030 (and $154,000 in its bull case). 9 months ago they called for Solana to hit $3,211 by 2030. At current prices, that means: -ETH would 5.7x by 2030 -SOL would 18.5x by 2030 So the question looms - why buy ETH over Sol? 🤔🤔 https://t.co/O92BxWkHq3
The updated Bull Case price prediction for $ETH by @vaneck_us is $154,000 by 2030 That would put the market cap of Ethereum at $18.5 TRILLION 🤯 Damn, I thought I was bullish https://t.co/EuBR06iqhd
The updated Bull Case price prediction for $ETH by @vaneck_us is $145,000 by 2030 That would put the market cap of Ethereum at $17.6 TRILLION 🤯 Damn, I thought I was bullish https://t.co/EuBR06hSrF