Ethereum forecast: ETH will rise to $80,000, according to experts

Ethereum experienced a significant recovery last year, increasing its price by more than 66 percent. This has prompted bullish price predictions.

While BitMine CEO Tom Lee recently raised his target from $10,000 to $16,000, Etherealize CEO Vivek Raman goes significantly further. In an interview with the crypto media outlet Coinage, he explains that Ethereum has the potential to reach a market capitalization of $1 trillion in the long term. This would correspond to a price of approximately $80,000 per Ether.
Raman based this assessment on the fact that Ethereum is being developed into the infrastructure for the global economy. He spoke of a “global economy on the blockchain” in this context. In a report published by Etherealize, he referred to Ethereum as “digital oil” and pointed out that more and more institutional investors on Ethereum are driving tokenization.
“Let's connect all of Wall Street to Ethereum and then see how the financial system works when everything runs on the blockchain,” he says. “Tokenization is in full swing.”
Raman also believes Ethereum is now better positioned from a regulatory perspective. While the U.S. Securities and Exchange Commission (SEC) has taken action against Ethereum-related projects in the past, the situation has recently eased significantly. He says the political and regulatory framework is now more supportive than hindering.

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