Ed Hindi, chief investment officer at Tyr Capital, said: "In the short to medium term, $50 to $10 billion of new money could flow in through Ethereum products, which in turn could propel ETH and its ecosystem to record highs by the end of 2024. A price of $10,000 in 2024 should be a reasonable target, especially given other supporting factors, such as the deflationary state of ETH right now."