$ETH The Ethereum network has several strong competencies that will help it sustain its growth towards the later part of the decade. Ethereum holds the largest stablecoin supply by market capitalization (over 65%) including Tether, DAI and USD Coin. The overall size of the stablecoin market is 165 billion, which means Ethereum houses over a 100 billion in stablecoins alone, and this is only going to rise given that most of the fees paid on Ethereum is through stablecoin. With the GENIUS Act in place, stablecoins are only going to become a more reliant, safe and transparent digital asset, further fueling Ethereum's dominance.
Aside from the crypto world, even Wall Street is showing keen interest in ethereum. Firms like PayPal and State Street are piling on ETH, indicating growing confidence in Ethereum's long-term prospects and the network being a key driver in bringing DeFi and TradFi together.
After a successful Fusaka upgrade, Ethereum has a slew of upgrades further including Merkle Tree and danksharding which will greatly improve the network's capabilities by breaking the blockchain into smaller partitions or shards, improving efficiency and throughput.
Evaluating these factors and the likelihood of Ethereum remaining the dominant smart contract platform in the coming years, we expect ETH to break through the $10000 price barrier by 2027.
Our ETH price prediction for 2027 in USD is $ 10893 (maximum), $ 6035 (minimum) and $ 8810 (average).
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