BlockBeats report, on April 22, Etherealize, the institutional marketing and product division of the Ethereum ecosystem, set a long-term price target for ETH at $250,000, viewing the token as a unique asset in the history of money. The report did not specify a target date for this price projection. This new target is significantly lower than Etherealize’s previous price target of $740,000 per token, which was first announced by the company last year.
Etherealize's core argument is that ETH serves both as a store of value, like Bitcoin and gold, and as a productive asset that generates yield, since the Ethereum blockchain pays for its network security through its proof-of-stake consensus mechanism. Currently, the total monetary premium for gold and Bitcoin is approximately $31 trillion. If Ethereum were to achieve a similar premium, its implied price would exceed $250,000, given the current circulating supply of 121 million ETH.