Ethereum to $10,000 - Ethereum Price Prediction
Ethereum to 10K
Ethereum to Moon

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Ethereum To $10,000 (Not Clickbait)
https://youtu.be/RsM_gUlpd_A

Ethereum is vastly different from other cryptocurrencies such as Bitcoin, Litecoin, or even Ripple. Ethereum is a blockchain protocol for smart contracts, and Ether, also called ETH, is the native cryptocurrency that powers the Ethereum blockchain. Ethereum runs smart contracts on what it calls the Ethereum Virtual Machine, which is essentially a supercomputer built on the blockchain. Because of its unique structure and being the first of its kind, Ethereum price predictions can be extremely high, with so many investors and industry experts believing in Ethereum growth in the long-term.
Today we’ll talk about Ethereum and its prediction to hit 10,000.
Let’s get started.

WHAT IS ETHEREUM

Following the success of Bitcoin, a young programmer named Vitalik Buterin became interested in the new financial technology and decided that the idea and concept could be improved upon and serve additional purposes beyond just a payments technology. Ethereum’s blockchain can run smart contracts, or computer code designed to run a certain way autonomously. Thus far, smart contracts have been primarily used to run dApps – also called decentralized applications – such as CryptoKitties and others. The smart contracts have been programmed to act as a sort of trophy, proving ownership. This is unique in the world of digital technologies, as it allows the owner of the said trophy to transfer ownership using the smart contract via the Ethereum blockchain. Development was entirely funded by a crowd sale that resulted in 72 million pre-mined coins reaching the hands of long-term holders. In 2016, an exploit in The DAO project – a decentralized autonomous organization – resulted in over $50 million worth of the Ethereum supply being stolen. Ethereum was later split into two separate blockchains, resulting in the new version becoming the true Ethereum with the ETH coin ticker, while the original blockchain continued on as Ethereum Classic with the ETC coin ticker. Buterin did indeed create Ethereum and penned its whitepaper, many are credited with being founders of Ethereum, including Anthony Di Iorio, Charles Hoskinson, Mihai Alisie, Amir Chetrit, Joseph Lubin, Gavin Wood, and Jeffrey Wilke – one of the largest lists of founding members out of any crypto project. Later, the Enterprise Ethereum Alliance was founded to help develop standards for use across the Ethereum blockchain, such as the ERC-20 standard that is used to develop new tokens operating on the Ethereum protocol.

ETHEREUM TO HIT 10,000

More analysts are beginning to believe that Ethereum could achieve $10,000 to $20,000 in the long-term. The $20,000 target was first brought upon during this bull cycle by Real Vision Group CEO Raoul Pal. The industry executive noted that Ethereum is following Bitcoin’s growth trajectory based on Metcalfe’s law. Ethereum has the potential to reach such a high valuation mainly due to the significant increase in user activity. In the past several years, particularly before 2020, there were not a lot of users on Ethereum. It was the explosive growth of decentralized finance (DeFi) that propelled the upwards trajectory of the Ethereum blockchain network. In mid-2020, the total value locked in DeFi was hovering at around $1 billion. That figure has increased by 21-fold since, and it is now above $21 billion. Considering DeFi’s rapid growth and the consistent increase in user activity on Ethereum, analysts are becoming more confident in a more aggressive long-term bull case.
The top-performing cryptocurrency of this trio over the past half-decade is Ethereum (CRYPTO:ETH). If you'd invested $10,000 into Ethereum five years ago and sat on your hands, you'd have over $2.5 million in your account today.


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