According to a newly released report by ARK Invest - the famed investment management firm headed by Cathie Woods is predicting that Ethereum’s market cap will reach $20 trillion by 2030.
This would equate to a price around $170,000 to $180,000 per ETH.
The report also predicted a major adoption curve for Bitcoin, saying it is “likely to scale as nation-states adopt (it) as legal tender,” and that “the price of one bitcoin could exceed $1 million by 2030.”
In terms of Bitcoin, the report forecasts $1.36 million per BTC with a market cap of $28.5 trillion by 2030.
What do you think of Cathie and Ark’s latest prediction? Sound off below!