Will Ethereum Be a Trillion-Dollar Cryptocurrency by 2025?
The Ethereum (CRYPTO: ETH) cryptocurrency carries a total market value of $348 billion today. That's more than 18% of the total cryptocurrency market, which clocked in at $1.89 trillion at 2 p.m. ET on Monday afternoon. Will the second-largest cryptocurrency's market cap reach the $1 trillion benchmark in the next three years? Let's take a look.
You could consider a theoretical move from Ether's all-time high on Nov. 8, 2021, where it was worth $4,627 per token or $569 billion in total. From there, Ether could have reached $1 trillion by rising 76% higher.
But the last three months have been rough, as investors of all stripes have backed away from high-risk options such as cryptocurrencies and growth stocks. After a 40% drop, the Ethereum blockchain network's token needs to gain roughly 187% to reach a full trillion dollars from today's prices.
Source Fool.com
