Can Ethereum really hit $1.5 million? It sounds insane, I know. Similar to what you’d mutter in a shady back alley of a blockchain conference after ingesting too many caffeine-fueled blockchain/network/innovation/startup punch cards. But hear me out. We explain why Eric Jackson of EMJ Capital’s “100-bagger” prediction is not as hopium as you would think. There’s a chance, a profound one – one propelled by largely unseen forces that are rapidly re-scripting the future of, well, everything.

Staking ETFs: The Sleeping Giant Awakens

We've seen the Bitcoin ETFs explode. $6.9 billion in trading volume. Insane. But Ether ETFs? A comparatively meager $1.41 billion. Why? Because the true game-changer – staking – hasn’t even been let out of the cage.

Think about it. Today, having ETH means you have a stake in the future of the network. You can just hold it and hope the value goes up. Or, you could stake it, earn passive income while actively helping to secure the network. In this way, staking transforms ETH from a speculative asset class to an institutional-grade yield product. Now we’re not talking about price speculation, this is talking about creating real, recurring revenue right here.

Additionally, the SEC may soon approve ETH staking ETFs. Jackson believes this will be the case by before October, and once it is – the market will blow up like putting gasoline on fire! Institutional money will flood in, scarcity will increase thanks to more ETH being locked up for staking, and the price…well, let's just say $10,000 by March 2026 (EMJ Capital's base case) may be conservative.

Here's the unexpected connection: this isn't just about finance. This is about democratizing access to yield. Imagine a world where everyone, wealthier or poor, has the opportunity to profit from their capital. This is possible simply by taking part in a permissionless, decentralized network. No intermediaries, no banks, no gatekeepers, just raw, uncut, decentralized, transparent, democratized financial empowerment. That’s the promise of staking — a promise that’s just about to get supercharged.

"ETH Commerce" Will Eat the World

This is where Jackson’s “ETH Commerce” narrative gets especially interesting. In his view, somehow, Ethereum-based businesses, such as Circle, Coinbase, Shopify, and Robinhood are flourishing. As you may expect, this growth is highly correlated to the promise of ETH’s potential. And he's right.

Ethereum isn't just a cryptocurrency. It's a platform. This open-source platform gives you the tools to create your own decentralized applications. It disrupts business models and changes the way we live our lives.

This is not the stuff of science fiction, it’s ground-truthing today. DeFi is changing the face of finance, DAOs are re-defining governance, and NFTs are giving power back to creators. And even all of this is built on Ethereum itself.

  • Supply chains are transparent and immutable, tracked on the Ethereum blockchain, eliminating fraud and increasing efficiency.
  • Artists and creators are directly connected to their fans, bypassing traditional intermediaries and earning a fair share of their work through NFTs.
  • Voting systems are secure and tamper-proof, ensuring fair and democratic elections.

This is where the surprising link comes with the internet itself. Remember the early days of the web? It was clunky, slow, and confusing. Yet, it was wholly loaded with the potential to connect the entire globe. Ethereum is in that same position today. In conclusion, it’s still early, there’s a lot of challenges ahead to be sure, but the promise is huge. ETH Commerce is becoming the alternative very quickly. Once all of these businesses and people start using Ethereum, the price of ETH will shoot up!

Forget about inflation. Ethereum is deflationary. This indicates that the supply of ETH is deflating over time. Why is this important? Simple: scarcity drives value.

Deflationary Economics: A Supply Shock Waiting to Happen

When demand for a commodity increases and its supply decreases, the price rises. Staking is the way of the future, and “ETH Commerce” is booming. Photo by Jonathan Kim via Unsplash As more institutions and individuals come to use Ethereum, that quality of ETH will be in even greater demand.

The unexpected connection? Think about rare collectibles. Or this perfect piece of art featuring our favorite transit villain. These things are precious, not because they are valuable, but because they are rare. And since Ethereum is becoming increasingly scarce, its value will keep increasing.

Now, let's be realistic. $1.5 million is a huge number. There will be bumps, there will be missteps, and there will be many, many doubters on the road ahead. The underlying fundamentals are strong. The technology is sound. And the potential is massive.

So, is it possible? Could Ethereum really hit $1.5 million? I'm not saying it's guaranteed. What I’m not saying is that it is much less likely than most people think. If you’re not looking, you’ll surely miss your once-in-a-lifetime chance. Don’t be that guy who wishes he bought Bitcoin at $100. Don’t be that person who wrote off Ethereum as another crypto gimmick. Educate yourself, know what’s possible, and make your own judgment. Don’t let fear or skepticism obscure the opportunities for a genuinely transformative future.

So, is it possible? Could Ethereum really hit $1.5 million? I'm not saying it's guaranteed. But I am saying that it's a lot more likely than most people think. And if you're not paying attention, you might just miss the opportunity of a lifetime. Don't be the person who regrets not buying Bitcoin at $100. Don't be the person who dismisses Ethereum as just another crypto fad. Do your research, understand the potential, and decide for yourself. But don't let fear or skepticism blind you to the possibility of a truly transformative future.