Bitmine chairman predicts ethereum price may reach $250,000

The Bitmine chairman stated at the Paris conference that the price of Ethereum could surge 50 times to $250,000 due to support from artificial intelligence and enterprise validator nodes, which would bring the Ethereum network valuation to $30 trillion. Currently, Ethereum's annual supply inflation rate is about 0.82%. After the Dencun upgrade, reduced fee burning has weakened the previous “ultrasound money” deflationary narrative. If Ethereum's price reaches $250,000, Bitcoin would need to be in the range of $2 million to $3 million, while the ETH/BTC ratio would have to reverse significantly, and the enterprise validator node scale would need to far exceed current levels.