Ethereum is drawing renewed institutional attention — and some influential voices now say it belongs on the same footing as Bitcoin in professional portfolios. Vivek Raman, CEO of Etherealize, told industry audiences that ETH is rapidly becoming a “core holding” for institutions, not merely a speculative token. Raman points to Ethereum’s shift to proof-of-stake, which he says enables significant yield generation, and rising institutional product interest — even citing what he described as Harvard’s move from Bitcoin spot ETFs to Ethereum spot ETFs — as signals that allocations to ETH are inevitable. Those factors, he argues, could help ETH evolve into a new store of value and drive long-term price appreciation. Tokenization and stablecoins: an Ethereum story Raman also highlighted the explosive growth of tokenized assets and stablecoins being built on Ethereum. He argued most high-value tokenized assets and stablecoins will favor Ethereum because it provides a neutral, trustless settlement layer — “a neutral asset where the United States can trade with anyone,” he said — as opposed to systems tied to off-chain records and counterparty trust. As tokenization scales, Raman suggested, Ethereum could reprice into a multi-trillion-dollar network thanks to its role as censorship-resistant collateral. Bullish long-term outlook, mixed near-term sentiment While Ethereum has seen weakness at times, long-term optimism remains strong among some market participants. Crypto commentator Julien CryptoBoost, who says he has held ETH since it traded near $80, pointed to model-based price targets between $12,000 and $38,000 by 2033. That range echoes an even more aggressive projection cited in the interview: Tom Lee, chairman of Bitmine Immersion, has forecast $60,000 for ETH by 2030. None of these forecasts are reflected in current market prices: ETH is trading near $2,300, which analysts in the piece described as roughly its fair short-term value. Drivers cited for future appreciation include: - The doubling of stablecoins on Ethereum to roughly $240 billion. - The slated “Glamsterdam” upgrade in the first half of 2026 (S1 2026). - Growing institutional adoption each quarter. “People selling ETH today are selling tomorrow’s finance infrastructure at a bargain price,” Julien said. Economic fundamentals and fee revenue Julien also pointed to Ethereum’s revenue dynamics as an undervaluation signal: the ecosystem, he said, generates about $3.82 billion in annual fees, with layer 1 capturing roughly $332 million and layer 2 networks accounting for the remainder following the EIP-4844 rollout. With scaling improvements and greater on-chain assetization, he argued, ETH’s economic case strengthens. Bottom line The interview lays out a bullish institutional narrative for Ethereum: proof-of-stake yields, tokenized assets and stablecoins gravitating to the network, and upgrades that improve scaling and economics. Skepticism remains warranted — price targets are speculative and not priced in — but the growing chorus of institutional proponents is shifting how market participants view ETH’s role in future financial infrastructure. Read more AI-generated news on: undefined/news