Ethereum Gains Institutional Favor, Etherealize CEO Analyzes Its Value Logic

BroadChain has learned that at 00:16 on April 21, according to Bitcoinist, as the cryptocurrency space continues to evolve, Ethereum is attracting increasing institutional attention, with its role extending beyond that of a mere digital asset. Vivek Raman, CEO of Etherealize, places ETH on par with Bitcoin in terms of institutional allocation, viewing it as a core holding in institutional portfolios and a cornerstone of the next-generation financial infrastructure. He points out that Harvard University's shift from Bitcoin spot ETFs to Ethereum spot ETFs, along with the substantial returns from the Proof-of-Stake mechanism, are key drivers in positioning ETH as a new store of value and fueling its price appreciation. Raman emphasizes that the Ethereum network is the primary platform for issuing high-value tokenized assets and stablecoins, and its trustless, censorship-resistant neutrality makes it particularly valuable amid the wave of asset tokenization. Although ETH's current price hovers around $2,300, its long-term prospects are widely optimistic. Julien CryptoBoost, who has held ETH since $80, notes that key models predict ETH's target price range between $12,000 and $38,000 by 2033, aligning with Bitmine Immersion Chairman Tom Lee's forecast of $60,000 by 2030. Driving factors include the doubling of stablecoin scale on ETH to $240 billion, the Glamsterdam upgrade in the first half of 2026, and quarterly growth in institutional adoption. Julien further points out that the Ethereum ecosystem generates $3.82 billion in fees annually, with Layer 1 capturing $332 million since the implementation of EIP-4844, while the rest is handled by Layer 2 networks. Based on accelerated growth, he believes ETH remains undervalued relative to its future potential.