Posted 3/23/2024, 9:30:00 AM
Ethereum Price Could Triple to $14K by 2025 But Faces Risks From Regulation, Slow Adoption
- Ethereum could soar 310% to $14,000 by 2025 due to increasing demand for smart contracts and decentralized apps
- Smart contracts allow developers to build decentralized apps and tokenization of assets, increasing utility and demand for Ethereum
- Spot Ethereum ETFs, if approved, would significantly boost demand like Bitcoin ETFs have done
- However, widespread adoption of smart contracts and Ethereum apps may still be far off
- SEC investigation into Ethereum Foundation and unlikely near-term ETF approval create risks around buying Ethereum now