for me, it provides a benchmark price of 10 times from now, it could even reach 15x from now. but looking at the market a few years later it looks like it will be one of the possibilities for ETH and other crypto to be used for the global market legally. I think this can happen at any time
If ETH adoption grows by a large margin, then we'll be able to see the coin become much more valuable than what it is right now within the next 10 years. For what I know, 10 years is a lot of time in the crypto/Blockchain space. My guess is that ETH would've already scaled to millions of users with every network upgrade implemented within a decade from now. Imagine ETH being faster, cheaper, and stronger than ever before. The price per coin could go well above $5k at a very fast pace.
Nonetheless, it seems to me that ETH's price is driven by utility instead of speculation. The world's second-largest cryptocurrency by market cap is heavily used by everyday people to interact with decentralized applications on a daily basis. If there's utility for the coin, demand will increase. This translates into higher prices in the long term. Considering that no one can predict the future, all we can do is speculate hoping that our dream would come true someday. Who knows how crypto land will look like 10 years from now? Just my thoughts
It is world's second largest crypto currency today but with lot of competitors like, Polka dot, ADA. are taking Market share of Ethereum as they are much faster and less costly. Ethereum network is almost unusable due to extremely high transaction fee. and an average trader can not afford to pay it only whales can bear such huge costs. I am not very Bullish on Ethereum unless its team comes up with some viable solution.
