đVanEck and StoneX analysts estimate Ether could rise to $12k-$22k
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates. Since launching in 2015, Ethereum has generated $3 billion in fees (denominated in ETH), Sigel said. Other ETH value-accumulation mechanisms include âburningâ â or permanently removing from circulation â a portion of transaction fees and issuing new ETH to reward stakers, who deposit ETH as collateral to secure the network.
Ethereum processed roughly $4 trillion in settlement value last year and another $5 trillion in stablecoin transfers per year. So this is much larger than PayPal and is starting to approach networks like Visa.
