‘100-bagger’ — Ethereum could hit $1.5M over time: EMJ Capital
2025-07-14 06:45:01
Main Idea
EMJ Capital founder Eric Jackson predicts Ethereum (ETH) could reach $1.5 million per token over time, driven by potential Ether staking ETF approvals and increased adoption in commerce and decentralized finance (DeFi).
Key Points
1. Eric Jackson believes Ethereum is underpriced and could see a tenfold increase in value ('10-bagger') due to potential Ether staking ETF approvals and institutional adoption.
2. He argues that Ether staking ETF approval is not yet priced in, as current ETF performance has been underwhelming compared to Bitcoin ETFs.
3. Jackson suggests that if major companies adopt Ethereum for commerce, the token could eventually rise to $1.5 million.
4. His base case prediction is for Ether to reach $10,000 by March 2026, with a bull case target of $15,000 if layer 2 adoption and staking inflows exceed expectations.
5. Ether is currently trading around $3,040, with a 2.8% increase in the past 24 hours.
Description
EMJ Capital founder Eric Jackson says approved Ether staking ETFs could kick off a rally that could see it rise by more than 100-fold and eventually hit $1.5 million per token.
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