A new report from crypto research firm Etherealize outlines an extremely bullish long-term scenario for Ethereum, projecting that its native token ETH could reach $250,000 if the network’s market capitalization were to match that of gold. The analysis, titled The Bull Case for Ethereum: Digital Oil, Store of Value, and Global Reserve Asset for the Digital Economy, positions ETH as a productive store of value surpassing gold and sees Ethereum as the future settlement layer for global finance.
Currently trading around $2,100 with a market cap of about $256.78 billion, ETH would need an over 11,400% surge to hit the $32 trillion valuation of gold. The report points to 2045 as a rough timeline for this milestone, though adoption rates could shift the date. Pseudonymous analyst Digital Oil echoed the report’s optimism, calling the shift inevitable and urging investors to position for long-term growth.
On a shorter time frame, analyst Ted Pillows expects a potential rally toward $2,250 and possibly above $3,000 if bullish momentum continues, while warning that failure to break current resistance could trigger a correction to $2,000.
