Is ETH Headed to $17K? Analyst Makes Bold Call

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Bankless founder’s $17K ETH prediction hinges on a radical rebrand – transforming Ethereum into ‘digital gold with yield.’

Bankless co-founder and longtime Ethereum (ETH) advocate Ryan Sean Adams has ignited fresh discourse after projecting a $17,000 target for ETH, nearly 9 times its current price.

His thesis is quite simple: the cryptocurrency can grow to a $2 trillion market cap by becoming the ultimate store of value, a fusion of monetary premium and staking-based income, or as he called it, “digital gold with yield.”

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The $17,000 price target gained traction earlier in the year when pseudonymous analyst Kiu_Coin argued that Ethereum was undergoing a classic “shakeout,” a brutal sell-off designed to flush out weak hands before a parabolic rally. The analyst drew parallels to ETH’s 2020 slump, which preceded a 1,310% surge in 2021, claiming history was repeating itself.


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