Institutions today are indeed highly bullish, more optimistic than the majority of people in the crypto space: Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, forecasts Ethereum’s price at $40,000 by 2030. Previously, in June 2024, VanEck also projected Ethereum’s price: a base case of $22,000, a bull case of $154,000, and a bear case of $360 by 2030—a wide range that covers nearly all possibilities. While the long-term outlook over 10 years is extremely positive (with a plausible chance of surpassing $100,000), based on current trends in stablecoins, asset tokenization, and AI agents, Ethereum could potentially break $30,000 by 2030—but anything higher would exceed reasonable imagination. No one can reliably predict success; if it happens, it’s merely coincidence. Beyond the factors mentioned above, outcomes will also be influenced by the pace of AI evolution, the progress of the CLARITY ACT, macroeconomic conditions, Federal Reserve policy, competing blockchains, and black swan events.