Ethereum’s Price Could Reach $740,000 in the Long Term – Analyst Predicts

A new prediction by Ryan S. Adams, host of the Bankless podcast, has sparked debate about Ethereum’s (ETH) potential price. He believes that ETH could hit a staggering $740,000 per token in the long run, fueled by his comparison of the cryptocurrency to traditional oil as a store of value reserve asset. Adams’ analysis argues for a market capitalization of $89 trillion based on an average of global assets like oil, gold, and GDP. This prediction has been met with both skepticism and support from the crypto community.