Ethereum’s Vitalik Buterin has some good news for cryptocurrency investors. In a recent update, Buterin stated that Ethereum has the potential to reach $22,000 per coin by 2022. This would put Ethereum’s market capitalization at $2.2 trillion, making it the second most valuable cryptocurrency after Bitcoin.
Buterin’s comments come as Ethereum’s price has been on the rise in recent months. The coin is currently trading at around $1,200, up from its 2018 low of $100.
Investors are bullish on Ethereum’s prospects due to the continued development of the Ethereum blockchain and the growth of the decentralized applications (dApps) ecosystem. Ethereum’s blockchain is the most popular platform for dApps, and the number of dApps built on Ethereum is growing steadily.
What’s more, Ethereum is set to launch a major upgrade, Ethereum 2.0, in the coming months. Ethereum