VanEck Predicts Ethereum Could Reach $22,000 by 2030

The investment firm cites Ethereum's disruptive potential, growth in market share, and anticipated approval of spot ETFs as key drivers.

VanEck's base case price target for Ethereum is $22,000, with bullish and bearish scenarios at $154,000 and $360, respectively.
The prediction is influenced by Ethereum's ability to disrupt multiple sectors, including finance, banking, and artificial intelligence.
Approval of spot Ether ETFs is expected to attract significant investment, with potential inflows between $3.1 billion and $4.8 billion.
Ethereum's current market price is around $3,863, showing a 1.37% increase in the last 24 hours.
VanEck highlights Ethereum's role as 'digital oil,' emphasizing its importance in the blockchain ecosystem and its potential to generate $66 billion in free cash flow by 2030.