Fundstrat predicted a price range of between 12,000 and 15,000 dollars for Ether by the end of this year, as it has "a lot of upside potential."
The market strategy and research firm Fundstrat stated that Ether will be the "biggest macroeconomic operation" of the next 10 years, as it predicted that Ether
$ETH 3772 €
could reach 15,000 dollars by the end of 2025.
"ETH is possibly the biggest macroeconomic operation of the next 10 to 15 years, as artificial intelligence creates a token economy on the blockchain and Wall Street gets financed on the blockchain," said Thomas Lee, Chief Information Officer of Fundstrat Capital on Wednesday. Fundstrat's digital asset research director, Sean Farrell, stated that ETH could reach between 12,000 and 15,000 dollars by the end of the year, "so there is still a lot of room for upward movement."
Lee echoed his comments in a research newsletter published on Wednesday, in which he explained that Wall Street's momentum will be driven by the GENIUS Act's stablecoin regulations and the U.S. Securities and Exchange Commission's "Cryptocurrency Project," which aims to modernize the agency for the digital finance era.
Lee stated that most stablecoins and Wall Street projects are being built on Ether.
The Ethereum network currently has a dominant market share of 55% in the real-world asset (RWA) tokenization sector, valued at 25 billion dollars, according to RWA.xyz.
Big price predictions for Ether
ETH has surged 60% in the last 30 days, reaching a four-year high of 4,770 dollars, just 2.5% off its 2021 peak, during early trading on Thursday.
"Ethereum is outperforming Bitcoin so far this year, with a gain of +28% compared to +18% for Bitcoin," Lee noted.
BitMine has 5.5 billion dollars in ETH
The world's largest Ethereum treasury company, BitMine Immersion Technologies, aims to raise the enormous sum of 20 billion dollars to increase its treasury.
The company has aggressively accumulated 1.2 million ETH since early July, and its treasury is now worth nearly 5.5 billion dollars. Meanwhile, the company's shares (BMNR) have skyrocketed by 1,300% during the same period.
Recipe for sustained upward pressure
In a note seen by Cointelegraph, BTC Markets' cryptocurrency analyst, Rachael Lucas, said that these positions are strategic and long-term, "removing substantial liquidity from the market."
"When record ETF inflows are combined with allocations from corporate and sovereign balances, the result is a deep structural demand facing a finite supply," he said, adding:
“That is the recipe for sustained upward pressure on prices and a signal that digital assets are firmly rooted in global capital markets.”
In July, BitMine suggested that the implied value of Ether could reach 60,000 dollars.
