Ethereum

Major

Shift

Future

Impact

<ul class="wp-block-list">
  
 <li>Ethereum's price target for 2030 drops to $7,334 as Layer 2 networks claim more transaction revenue, signaling major market shifts.</li>   
 <li>With Ethereum's projected revenue falling to $26,753, tokenholders may see reduced returns at $22,512 by 2030.</li>   
 <li>The competitive landscape changes as Ethereum's market share holds steady at 70%, but L2 networks challenge its revenue growth.</li> 
</ul>   
<p>Ethereum’s price forecast has undergone a shift as Layer 2 (L2) networks claim more transaction revenue than expected. Matthew Sigel, a notable financial analyst, highlights this development, revealing a 10:90 split in favor of L2s over Ethereum.</p>   
<p>Analysts first expected that 90% of L2 transaction revenue would go to Ethereum which reduces Ethereum's projected price target for 2030 by two-thirds, casting doubt on the long-term value of the coin.&nbsp;</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/matthew_sigel/status/1846959423765242050 
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<h2 class="wp-block-heading" id="h-l2-networks-impact-ethereum-s-future-valuation">L2 Networks Impact Ethereum's Future Valuation</h2>   
<p>The new Ethereum model <a href="https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-vaneck-crypto-monthly-recap-for-september-2024/" target="_blank" rel="noreferrer noopener">highlights</a> important market metrics and suggests that the network’s smart contract dominance will remain strong at 70% through 2030. Besides, Ethereum’s projected revenue has dropped from $79,491 to $26,753, mainly driven by the increasing revenue share of L2 solutions. Consequently, Ethereum tokenholders will experience reduced value, with returns expected at $22,512 in 2030, reflecting market shifts.</p>   
<p>Moreover, global crypto tax rates and validator cuts are expected to stay at 15% and 1%, respectively, maintaining a stable framework. The overall free cash flow (FCF) yield sits at 7%, but the real yield has dipped slightly to 6%. These fundamental adjustments reflect the growing <a href="https://cryptonewsland.com/binance-labs-10m-investment-in-helio-protocol-signals/" target="_blank" rel="noreferrer noopener sponsored nofollow">competition between Ethereum and L2 networks</a>.</p>   
<h2 class="wp-block-heading" id="h-long-term-market-metrics-reflect-adjusted-price-target">Long-Term Market Metrics Reflect Adjusted Price Target</h2>   
<p>However, Ethereum’s price forecast has shifted significantly. Its fair discounted value (FDV) now stands at $750,431 under the revised metrics, compared to the original $2.2 million projection. Hence, the adjusted <a href="https://cryptonewsland.com/vaneck-raises-ethereum-price-target-for-2030-amid-spot-etf-approvals/" target="_blank" rel="noreferrer noopener sponsored nofollow">2030 price target for Ethereum</a> is $7,334, a reduction from the earlier projection of $22,281.</p>   
<p>Besides, the supply of Ethereum by 2030 is projected to reach 102.32 units, while today’s price sits at <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noreferrer noopener">$3,317</a>. These revised numbers indicate that although Ethereum continues to be the leading player, the emergence of L2 solutions may limit its long-term growth.</p>   
<p>Though the emergence of Layer 2 networks may cause Ethereum's growth to be slower than anticipated, the future of the platform is still bright. The shifting revenue dynamics and new price targets highlight a changing landscape for Ethereum, requiring closer attention to future market developments.</p> 
<p>The post <a href="https://cryptonewsland.com/layer-2-networks-shift-ethereums-2030-price-outlook-with-major-revenue-impact/">Layer 2 Networks Shift Ethereum’s 2030 Price Outlook with Major Revenue Impact</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Layer 2 Networks Shift Ethereum’s 2030 Price Outlook with Major Revenue Impact

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