Ethereum is not just a digital currency; it represents the foundation for thousands of decentralized applications and smart contracts. Recent updates, such as The Merge and its transition to a Proof of Stake (PoS) mechanism, have made it more energy-efficient and less prone to inflation, thanks to the transaction fee burning mechanism (EIP-1559).
Looking at the current supply, the total circulating ETH is about 120 million ETH.
At a price of $10,000 per ETH, the total market value will reach $1.2 trillion.
This figure is not impossible compared to the current market value of gold or even major tech companies like Apple or Microsoft. With the accelerating growth of Web3 technologies and increasing institutional reliance on Ethereum, this goal could be achieved if the following conditions are met:
Continued development and upgrades on the network (such as Layer 2 scaling).
Global adoption of applications built on Ethereum.
Clear and non-hostile global regulatory support.
Increased use of DeFi and NFTs on the main network.
On the other hand, competition from networks like Solana and Avalanche may be a hurdle, but Ethereum still maintains the lead in the number of developers, projects, and liquidity.
In numbers:
If Ethereum rises from $3,500 to $10,000, the return would be approximately 3x, making it an attractive target for medium to long-term investors.
Will it reach? This is market-dependent, but in terms of potential, Ethereum has enough to compete with global currencies and financial systems.#Ethereum
