Etherealize updates ETH long-term price forecast to $250k

ME News Report, April 22 (UTC+8), Ethereum ecosystem organization marketing firm Etherealize updated its long-term ETH price forecast to $250k, down from the previous target of $740k. Etherealize co-founder Vivek Raman stated that if Ethereum captures the same value storage premium as Bitcoin and gold (totaling approximately $31 trillion), based on the current circulating supply of 121 million ETH, the implied price of ETH would exceed $250k. The report believes that ETH is unique in monetary history, serving both as a store of value and as a productive asset that generates yields through the proof-of-stake consensus mechanism, breaking the historical trade-off between “safe currency” and “productive investment.” The report also notes that Ethereum has become the dominant settlement layer for tokenized assets, stablecoins, and decentralized finance, with the network limiting supply growth to 1.5% annually through the destruction of part of transaction fees, and as usage increases, it may even become deflationary. (Source: PANews)