Can Ether Reach $7,500 in 2022?

Ether (CRYPTO: ETH), the cryptocurrency of the open-source Ethereum blockchain, was first mined in 2015. It achieved parity with the U.S. dollar in its very first year, and its price subsequently skyrocketed to about $3,200 today. If you had bought just 100 Ether tokens with $100 in 2015, your investment would be worth a whopping $320,000 today.

Over the past two years, Ether's price soared 2,220% as Bitcoin's (CRYPTO: BTC) price rose 431%. Ether has been much more volatile than Bitcoin, but BOOX Research recently estimated that Ether's price could jump to $7,500 by the end of 2022. Could it actually more than double to hit that target? Let's review the tailwinds and headwinds to decide.

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Source Fool.com