Investment firm VanEck has predicted that Ethereum's annual revenue could rise from $2.6 billion to $51 billion by 2030, potentially leading to a token price of $11.8k. The valuation methodology includes cash flow projections, deductions for validator fees and taxes, and the use of a free cash flow multiple. Ethereum's potential as a store-of-value asset is explored, considering its programmability, cross-chain capabilities, and the concept of "Security as a Service". As Ethereum continues to evolve and capture market share, its role as a leading smart contract platform and a potential store-of-value asset becomes increasingly prominent in the crypto landscape.
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VanEck Predicts Ethereum’s Annual Revenue To Reach $51 Billion by 2030, With Potential Token Price of $11.8K
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