Etherialize Sets Ethereum's Long-Term Price Target at $250,000, Marking a Significant Downward Revision

On the 21st, Etherialize, an organization dedicated to promoting Ethereum among institutional investors, released a report setting the long-term price target for Ethereum (ETH) at $250,000 per token. The Block reported on the contents of the report. This new target represents a significant reduction from the previous goal of $740,000 set last year. The rationale for the $250,000 target is based on the current combined market capitalization of gold and Bitcoin...