DBS Bank Launches Ethereum Gold Fund, ETH Price Prediction Targets $3050

According to BroadChain, at 19:30 on April 21, as reported by CryptoNews, DBS, one of Singapore's largest banks, recently collaborated with its asset management subsidiary Lion Global Investors and digital asset exchange DigiFT to launch the tokenized physical gold fund GOLDX on Ethereum and Solana. This provides institutional investors, hedge funds, and asset management companies with on-chain gold investment channels. As of April 16, the fund's assets under management were approximately $525 million. Investors can subscribe using stablecoins or fiat currency, with tokens directly sent to blockchain wallets. Kenneth Lai, Head of Global Markets at DBS, stated that digital assets will play an increasingly important role in financial services. Currently, the total market capitalization of tokenized real-world assets (RWA) on public blockchains exceeds $29 billion, with growth exceeding 10% over the past 30 days. Ethereum's price has fallen by 2.11% over the past week, retreating from $2,450 to current levels, with the 200-day simple moving average at $2,642. Predictive models indicate that under normal conditions, ETH could reach a maximum of $3,050 by 2026, representing an upside potential of about 20% from the current price. If the launch of GOLDX catalyzes new on-chain institutional demand, ETH may potentially retest the resistance of the 200-day moving average. Another long-term perspective suggests that if Bitcoin reaches $250,000 first, ETH could potentially rise to $22,000. Meanwhile, the L3 infrastructure project LiquidChain, which focuses on integrating liquidity across Bitcoin, Ethereum, and Solana, currently has a presale price of $0.01451 and has raised approximately $690,000.