A recent analysis report released by VanEck has garnered attention. They have provided quite an aggressive forecast for the mid-term outlook of Ethereum.

According to VanEck's base case, the price of Ethereum could reach $22,000 by 2030. But this is just a conservative estimate. If the bull market truly kicks off, in their optimistic scenario, the price could even surge to $154,000.

What is the logic behind these numbers? VanEck's core assumption is that the Ethereum ecosystem will experience explosive growth. From DeFi and NFTs to Layer 2 scaling solutions, the development potential of the entire ecosystem is indeed huge in the coming years. Once these applications are truly implemented and generate commercial value, the demand for ETH as a foundational asset will naturally rise.

Of course, these predictions are filled with uncertainties. Market volatility, regulatory environment, technological advancements—any of these factors could influence the final outcome. But from a mid- to long-term perspective, the potential for the Ethereum ecosystem is indeed worth paying attention to.