The price of ether , the native cryptocurrency of the Ethereum blockchain, could reach $8,000 by the end of 2026 from its current price of around $1,600, according to Standard Chartered Bank.
The expected $8,000 mark for ether is viewed as an initial step on the road toward the bank's previously stated "long-term structural valuation" range of $26,000 to $35,000, Kendrick said. While that long-term valuation assumes Ethereum's future use cases and revenue streams that may not have emerged yet, the real-world use cases of gaming and tokenization should support their development, according to Kendrick.
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Source: Cointelegraph - 🏆 562. / 51 Read more »