
PANews April 22 news, according to The Block report, the Ethereum ecosystem marketing company Etherealize updated its long-term price forecast for ETH to $250,000, down from the previous target of $740,000. Etherealize co-founder Vivek Raman stated that if Ethereum captures the same value storage premium as Bitcoin and gold (combined about $31 trillion), with the current circulating supply of 121 million, the implied price of ETH would exceed $250,000. The report believes that ETH is unique in monetary history, serving both as a value storage tool and a productive asset that generates returns through the proof-of-stake consensus mechanism, breaking the historical trade-off between "sound money" and "productive investment." The report also pointed out that Ethereum has become the dominant settlement layer for tokenized assets, stablecoins, and decentralized finance, as the network limits supply growth to 1.5% per year by burning a portion of transaction fees, and with increased usage, deflation may even occur.
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