VanEck 預測，到 2030 年，以太坊 (ETH) 的價值將達到 22,000 美元

該資產管理公司將樂觀的價格目標歸因於以太坊作為高成長的網路原生商業系統的作用不斷擴大，可能會擾亂傳統金融部門和大型科技平台。

Asset manager VanEck has predicted that Ethereum (ETH) will be valued at around $22,000 by 2030. This forecast was revealed in a comprehensive analysis published by the firm on June 5, highlighting ETH’s strong growth potential.

資產管理公司 VanEck 預測，到 2030 年，以太坊 (ETH) 的估值將達到 22,000 美元左右。

The valuation is based on a projection of $66 billion in free cash flows — the amount of money generated by a blockchain network — by 2030, with a 33x valuation multiple on those cash flows. This model considers ETH’s potential to disrupt various business sectors, including finance, marketing, infrastructure, and AI.

該估值基於到 2030 年自由現金流（區塊鏈網路產生的資金量）將達到 660 億美元的預測，這些現金流的估值倍數為 33 倍。該模型考慮了 ETH 顛覆各個業務領域的潛力，包括金融、行銷、基礎設施和人工智慧。

According to the report, if Ethereum maintains its dominance among smart contract platforms, it could generate $66 billion in free cash flow for token holders, paving the way for a $2.2 trillion market capitalization and a $22,000 price per ETH by 2030.

報告稱，如果以太坊保持其在智能合約平台中的主導地位，它可以為代幣持有者產生660 億美元的自由現金流，為2030 年2.2 兆美元的市值和每枚ETH 22,000 美元的價格鋪平道路。

The company also emphasized ETH’s broad use cases, stating: “We believe ETH is a revolutionary asset with few parallels in the non-crypto financial world.” It highlighted ETH’s role as “digital oil” consumed in on-chain use and called it “programmable money and a yield-bearing commodity.”

該公司還強調了 ETH 的廣泛用例，並表示：“我們相信 ETH 是一種革命性的資產，在非加密金融世界中很少有類似的資產。”它強調了 ETH 作為鏈上使用中消耗的「數位石油」的作用，並將其稱為「可編程貨幣和產生收益的商品」。

Moreover, the report pointed out that ETH serves as an internet reserve currency that prices activity and assets in Ethereum’s $1 billion ecosystem and connecting blockchains. According to the analysis, Ethereum generated $3.4 billion in revenue over the past year, surpassing some Web2 apps.

此外，報告指出，ETH 作為一種互聯網儲備貨幣，為以太坊價值 10 億美元的生態系統和連接區塊鏈中的活動和資產定價。根據分析，以太坊在過去一年創造了 34 億美元的收入，超過了一些 Web2 應用程式。

While the report is optimistic about Ethereum’s future, it also noted several risks associated with investing in ETH. One major concern is its reliance on speculative activities, which could lead to significant downside risk if market sentiment shifts.

儘管該報告對以太坊的未來持樂觀態度，但它也指出了與投資以太坊相關的一些風險。一個主要的擔憂是其對投機活動的依賴，如果市場情緒發生變化，這可能會導致重大的下行風險。

Another risk is the potential classification of ETH as a security by regulators, which would impose stringent legal requirements on Ethereum-based businesses. The competitive landscape is also a threat, with emerging technologies like Solana challenging ETH’s market dominance.

另一個風險是監管機構可能將 ETH 歸類為證券，這將對基於以太坊的企業提出嚴格的法律要求。競爭格局也是一種威脅，Solana 等新興技術正在挑戰 ETH 的市場主導地位。

Additionally, government actions to control non-sovereign financial systems could negatively impact Ethereum’s growth prospects.

此外，政府控制非主權金融體系的行動可能會對以太坊的成長前景產生負面影響。