Institutions are optimistic about the long-term prospects of ETH, predicting that after 1-2 rounds of bull and bear markets, its market capitalization will surpass BTC.

robot
Abstract generation in progress

[Coin World] On August 27, news came that a secondary investment institution under a certain investment firm stated in its latest report: From the perspective of supply and demand, the current demand for ETH generated by institutional consensus far exceeds the supply from staking releases, and we believe that a long-term fully loaded staking release situation is not sustainable. The further implementation of crypto-friendly policies in the future and Wall Street's consensus on the long-term value of ETH indicate that the "rush" for ETH has just begun. With the interest rate cut cycle approaching, we are raising our long-term target price for ETH and believe that ETH's market capitalization will surpass BTC in 1-2 bull and bear cycles.

ETH-1.95%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
CascadingDipBuyervip
· 7h ago
ETH King leads the army
View OriginalReply0
ConsensusBotvip
· 08-27 09:10
Don't mess around, the future will belong to ETH.
View OriginalReply0
LostBetweenChainsvip
· 08-27 09:00
Is BTC really going to fall from grace?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)