Global Investment Manager Predicts ETH to Reach $11,849 by 2030

• Ethereum’s EIP 4844 upgrade has already attracted the attention of institutional investors, according to Crypto Banter.
• VanEck predicted that ETH could be worth $11,849 by 2030.
• At press time, ETH was trading hands at $1,847.73 after a 0.12% price drop.

Ethereum’s (ETH) Cancun Upgrade (EIP 4844) will not only drive cost-effective integration of Layer 2 solutions, but it has already caught the attention of several major institutional investors, according to one of Crypto Banter’s latest YouTube videos. EIP-4844 is set to play a pivotal role in reducing integration costs for Layer-2 projects.

The broader implications of EIP-4844 have garnered attention from major institutions, positioning Ethereum as a foundational layer for the emerging “internet of value.” According to Crypto Banter, prominent entities like Coca-Cola and Showtime are already exploring Ethereum’s capabilities for facilitating transactions and innovative applications.

Institutional involvement is further underscored by the entry of well-established financial entities into the Ethereum ecosystem. Crypto Banter highlighted the recent decision by the U.S. Securities and Exchange Commissio…

The post Global Investment Manager Predicts ETH to Reach $11,849 by 2030 appeared first on Coin Edition.