Why does ARK think ETH will be worth $150,000 in 2030?

According to investment fund ARK Invest, Ethereum is the preferred collateral in decentralized finance and the leading market for NFTs. This suggests that it is likely to capture a portion of the world’s money supply and that Ethereum’s MarketCap could exceed $20 trillion over the next ten years.
Today Ethereum has a MarketCap of $374 billion, and according to ARK Invest’s research, Ethereum could displace many traditional financial services. In this way, Ether’s native token could compete as a global currency. And if that’s the case, we could see a valuation of $20 trillion.
Ethereum would potentially have the ability to capture some of the $123 trillion global markets, so with a valuation, let’s take a valuation of $400 billion for Ethereum that would be an x56 increase in its value to reach a similar variation to the global financial market.
So that’s really if Ethereum was considered a full-fledged currency that would rival the currencies we know today. So maybe it will, or perhaps it won’t.
We’ll see why Ethereum could take so much market share, but if it happened at the current price of $3,121, Ether’s would cost $154,000 per unit.
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