Ethereum (ETH) Might Reach $11,800, VanEck Predicts When

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Ethereum (ETH) Might Reach $11,800, VanEck Predicts When
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VanEck forecasts Ethereum (ETH) has potential to reach $11,800, here's when ETH JanvanEck3 $ETH

written by Matthew Sigel, head of digital assets, and Patrick Bush, a research senior investment analyst for digital assets.

Additionally, it evaluates market share across key sectors and investigates Ethereum's potential as a store of value in the burgeoning cryptocurrency market. According to VanEck researchers' base case, Ethereum would generate $51 billion in revenue during the fiscal year that ends on April 30, 2030. It subtracts 1% for a validator fee and 15% for the global tax rate from this amount to get cash flows to Ethereum of $42.90 billion.

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