VanEck cuts Ethereum price forecast to $7,334: What led to this sharp revision?

VanEck, a leading asset management firm, has drastically cut its long-term price forecast for Ethereum (ETH) to $7,333 by 2030, a significant drop from the previous estimate of $22,000. This revision signals a 67% decline and has prompted investors and analysts to reevaluate Ethereum’s future amid intensifying competition and evolving market conditions. Matthew Siegel, head

Source: Invezz