Eigenlayer is taking the approach of looking what eigenlayer is doing and extrapolating that as a new value approval to ETH. The base case for this, in order to get to almost a $12,000 ETH price by 2030, you're assuming total Ethereum revenue gets to $50 billion, $51 billion annualized. Patrick: I just want people to understand the mechanics of this model is not unlike modeling cash flows for a stock. But there's no voodoo here. It's basically restaking yield as sort of what we're seeing here and the potential for that. And it's zero to date, but we're seeing some growth here.
Can the price of Ethereum really reach $30,000 by the end of the decade? On the show we go on a journey through VanEck’s new report detailing how exactly Ethereum can get there.
0:00 Intro 6:37 ETH to $11.8K 11:17 ETH Versus T-Bills 14:29 Predicting Ethereum Revenue 19:12 ETH As a Currency 25:21 Ethereum Security As a Service 30:20 Base vs Bull vs Bear Case 36:15 $300 or $50k? 45:14 The Impact of L2's 50:08 Ether vs Gold vs Bitcoin 53:56 Applying The Model To Solana 59:47 Inflows Are Important 1:01:45 Van Eck's Investing Strategy 1:05:06 When is The Next Bull Market 1:08:22 Closing And Disclaimers
---- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
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