Ethereum’s ‘Trustware’ era could push ETH to $15.8K — Consensys

Key Points

1. Ethereum is evolving beyond smart contracts into 'Trustware', a concept highlighting its value in reducing reliance on traditional trust intermediaries like auditors and notaries.

2. Consensys projects ETH could reach $4,900 by 2025 and $15,800 by 2028, based on a 'cost-to-corrupt' model assuming $1 trillion in stablecoins, $500B in tokenized RWAs, and $300B in TVL by 2028.

3. Ethereum currently secures $220B in High-Quality Liquid Assets (HQLA), significantly more than Solana ($20.3B) and Avalanche ($3.7B).

4. The network has undergone 21 upgrades and pioneered innovations like smart contracts, DeFi, NFTs, and proof-of-stake, supported by 1,056,000 validators across 84 countries.

5. Global cryptocurrency market cap represents 0.3% of global wealth, with stablecoin volume at 0.1% of foreign exchange, indicating growth potential.