Does Ethereum have a future?
We now expect ETH network revenues to rise from an annual rate of 2.6 billion USD to 51 billion USD by 2030. Assuming that ETH will capture 70% of the smart contract protocol market, this means that the token price will reach 11.8 thousand USD by 2030, which we discount to 5.3 thousand USD today at a capital cost of 12% derived from the latest trial version of