Over the next decade, I believe we’ll be able to count Ethereum among the world’s most valuable financial assets…

Let me make that more concrete: Ethereum will likely be more valuable than the market caps of Facebook, Amazon, Apple, Google (Alphabet), and Microsoft.

That’s why in April 2021, I predicted Ethereum would be the next crypto to reach a $1 trillion market cap.

As I said at the time, the next stage of transformational software development will happen on the blockchain… not the traditional internet or “the cloud.”

And that Ethereum is the world’s most widely used blockchain development platform.

Just like Microsoft was the world’s most popular PC development platform in the 1990s… And Google’s Android and Apple’s iOS are the most popular mobile app development platforms today…

Ethereum is – and will continue to be – the go-to platform for blockchain projects.

Over the longer term, I think you will see ETH reach $40,000 per token. However, that future is several years away.

So, while that’s a distant milestone, I believe we will see Ethereum reach a $1 trillion market cap much sooner.

Why? For one thing, demand for ETH is skyrocketing.

Ethereum hosts over 2,800 decentralized applications (dApps) – the most of any blockchain. And roughly 2,300 active developers are currently working on the Ethereum network.

The closest competitor has just over 300 dApps.

The abundance of developers and apps on Ethereum has created a network effect that attracts even more projects to Ethereum. And more quality Ethereum projects means a much stronger Ethereum ecosystem.

Any blockchain app built on the Ethereum network can plug into Ethereum’s liquidity… lending and borrowing… insurance… and much more. The Ethereum ecosystem acts as a vacuum cleaner, sucking up more and more projects.

This increased growth is showing up in Ethereum’s native token, ether.

The network is currently generating $81 million in revenue per day from transaction fees. By comparison, second to Ethereum is Binance Smart Chain – generating $6 million per day in revenue from transactions fees.

But here’s the thing…

All this increased demand is coming when we’re about to see a major reduction in the incoming supply of Ethereum. And it’s thanks to a catalyst I call the Second Phase.

The Second Phase will trigger an explosion in value for a tiny subsector of tokens tied to the Ethereum ecosystem…

The Big Code Change

The Second Phase has to do with a preprogrammed change in Ethereum’s code. I am not going to bore you with all the “plumbing” details that change will entail.

What I will tell you is it will lead to a massive increase in speed in the Ethereum network, making it much more valuable.

So if you don’t own any Ethereum, you should buy some right now. And if you do own it, you should think about adding more if it’s appropriate for you.

Let the Game Come to You!

Teeka Tiwari
Editor, Palm Beach Daily