Etherealize recently published our Ethereum long-term valuation report that estimates Ethereum’s long-term valuation at $89 trillion. This forecast represents a potential future value of the crypto asset of more than $740,000 per BTC. This bullish forecast takes for granted that Ethereum deserves every bit of the swagger of a global macro asset. If it does, we hope that it will grow to be a global reserve macro asset. The report goes on to show how Ethereum can occupy a critical role in the future of our global economy.
Etherealize’s analysis indicates that Ethereum could eventually reach a 14-digit market cap within the next few years. That forecast is based on the current average capitalization of global macro assets of $100 trillion. And as the first programmable blockchain, Ethereum is uniquely positioned to capture a disproportionate amount of this new market.
Ethereum as a Global Macro Asset
Ethereum’s case as a global macro asset is much more inherent to its disruptive technology and multifunctional use cases. Its unique blockchain technology allows for all kinds of decentralized applications, or dapps, including everything from decentralized finance to supply chain management. This functionality kicks Ethereum up a notch as an indispensable player in the rapidly transforming digital economy.
The Etherealize into Beautiful report makes a beautiful case for that inspiring future. If all Ethers in circulation were the full $90 trillion, each ETH crypto could ultimately skyrocket to more than $740,000. This valuation is based on the total number of Ethereum coins that are currently in circulation. It takes into account what Ethereum’s total market value might be.
Ethereum has truly unique features and functionalities that promote deep, organic growth and adoption. This further shortens the timeline for it to emerge as a powerful leader with disruptive potential on the world’s financial landscape.
Path to $740,000
Ethereum’s forecast value at more than $740,000 per coin. This estimate does assume the cryptocurrency will eventually reach a total capitalization of $100 trillion. This very rough projection uses the current average capitalization of the existing global macro asset class.
As key indicators of Ethereum’s growing adoption, such as market capitalization and supply circulation, soar, so too might its price. Its deeper further integration into the global financial system will turbocharge this growth. New found institutional interest is accelerating the adoption, and therefore the technology. Further powering this trend is the rapid growth of decentralized finance (DeFi), and the continued broadening of Ethereum’s ecosystem.
The more Ethereum develops and grows up, the more likely it can get to $740,000 and beyond.
Implications for the Crypto Market
If Ethereum does hit those altcoin-all-time-high-estimations, it would serve as a major domino-effect for the entire crypto ecosystem. This would be an additional step for digital assets to be legitimized as a workout investment class. Beyond creating new opportunities, it would bring more institutional capital into the space.
The total rise of Ethereum, in other words, would be a boon to any of the many other blockchain-based technologies and applications that are now under construction. This would drive innovation and competition in the crypto market, which is what we all want as users and investors.
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