Ethereum currently trades around $2,470. VanEck projects a base case of $11,800 by 2030, while another analyst models $14,135 for 2031. The bullish outlook centers on fee revenue and staking yields. VanEck’s Matthew Sigel is counting on Layer-2 scaling and institutional smart contract adoption. In the near term, over 116,000 ETH, approximately $300 million, left exchanges in 48 hours, a signal typically interpreted as easing sell pressure.
Source: Read the original article
