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Etherealize sets the long-term price target for ETH at $250k
BlockBeats News, April 22 — The institutional marketing and product division of the Ethereum ecosystem, Etherealize, has set a long-term price target for ETH at $250k, believing that the token represents a unique asset in monetary history. Etherealize’s report did not specify a target date for its price forecast. This pricing target is far below the $740k per token target previously set by Etherealize, which was proposed in the company’s first public statement last year.
Etherealize’s core argument is that ETH is both a store of value like Bitcoin and gold, and a productive asset capable of generating income, because the Ethereum blockchain pays for its network security through a proof-of-stake consensus mechanism. Currently, the total monetary premium of gold and Bitcoin is approximately $31 trillion. If Ethereum can also achieve the same premium, then at the current circulating supply of 121 million ETH, its implied price would exceed $250k.