ARK Fund: Ethereum market cap will exceed $20 trillion in the next 10 years

On January 26, the ARK Fund of “Sister Wood” Cathie Wood believes that the market value of Ethereum will exceed 20 trillion US dollars in the next 10 years. According to its research, Ethereum could replace many traditional financial services, and the ETH token could compete as a global currency. Decentralized networks are likely to take share from existing financial intermediaries as financial services move on-chain. The beneficiaries of this shift include the underlying protocol Ethereum and DeFi applications built on Ethereum.