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Seeking Alpha 2021-05-10 17:53:04

Ethereum: DeFi & Dividends Leads To $10,000+ ETH

Decentralized finance (DeFi) is showing signs of compounding billions of AuM growth, which should increase Ethereum (ETH) adoption.The launch of ETH 2.0 staking & the transition to a Proof-of-Stake (PoS) consensus will make investors more aware of the ability to earn dividends with their ETH holdings.Ethereum is likely to breakout further as DeFi usage and ETH 2.0 constrain supply, while at the same time, driving demand for ETH.We believe Ethereum surpasses $1 trillion in market cap this year and is likely to be the world's most valuable crypto asset by 2022 after ETH 2.0 goes live (even assuming Bitcoin re-rates higher from current levels).

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