VanEck 预测，到 2030 年，以太坊 (ETH) 的价值将达到 22,000 美元

该资产管理公司将乐观的价格目标归因于以太坊作为高增长的互联网原生商业系统的作用不断扩大，可能会扰乱传统金融部门和大型科技平台。

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.

资产管理公司 VanEck 预测，到 2030 年，以太坊 (ETH) 的估值将达到 22,000 美元左右。该公司在 6 月 5 日发布的综合分析中透露了这一预测，凸显了 ETH 强劲的增长潜力。

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.

该估值基于到 2030 年自由现金流（区块链网络产生的资金量）将达到 660 亿美元的预测，这些现金流的估值倍数为 33 倍。该模型考虑了 ETH 颠覆各个业务领域的潜力，包括金融、营销、基础设施和人工智能。

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.

报告称，如果以太坊保持其在智能合约平台中的主导地位，它可以为代币持有者产生 660 亿美元的自由现金流，为 2030 年 2.2 万亿美元的市值和每枚 ETH 22,000 美元的价格铺平道路。

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.”

该公司还强调了 ETH 的广泛用例，并表示：“我们相信 ETH 是一种革命性资产，在非加密金融世界中很少有类似的资产。”它强调了 ETH 作为链上使用中消耗的“数字石油”的作用，并将其称为“可编程货币和产生收益的商品”。

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，报告指出，ETH 作为一种互联网储备货币，为以太坊价值 10 亿美元的生态系统和连接区块链中的活动和资产定价。据分析，以太坊在过去一年创造了 34 亿美元的收入，超过了一些 Web2 应用程序。

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.

尽管该报告对以太坊的未来持乐观态度，但它也指出了与投资以太坊相关的一些风险。一个主要的担忧是其对投机活动的依赖，如果市场情绪发生变化，这可能会导致重大的下行风险。

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.

另一个风险是监管机构可能将 ETH 归类为证券，这将对基于以太坊的企业提出严格的法律要求。竞争格局也是一种威胁，Solana 等新兴技术正在挑战 ETH 的市场主导地位。

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

此外，政府控制非主权金融系统的行动可能会对以太坊的增长前景产生负面影响。