1 Top Cryptocurrency to Buy Before It Soars 6,220%, According to Cathie Wood
Ethereum's native token could bounce back after a challenging year.
Ether (CRYPTO: ETH), the native cryptocurrency of the Ethereum blockchain, lost more than 30% of its value over the past 12 months. Its first spot-price ETFs were approved last July, but those funds didn't attract as much attention as Bitcoin's (CRYPTO: BTC) earlier ETFs.
Instead, Ether seemed to be held back by concerns about competition from newer and faster blockchains, its slowing network activity, and the Trump Administration's unpredictable tariffs. Nevertheless, some investors remain fiercely bullish on Ether's future. One of those bulls is ARK Invest's Cathie Wood, who believes Ether's price could reach $166,000 by 2032.
That would represent a gain of nearly 6,220% and boost its market cap to more than $20 trillion. Bitcoin, which Wood is also bullish on, currently has a market cap of $2 trillion. Could Ether skyrocket to those levels, or should investors maintain more realistic expectations?
