Analyst Ryan Allis makes incredible price prediction for ETH and SOL

Prominent crypto analyst Ryan Allis sets long-term price targets for an Ethereum (ETH) competitor based on bullish predictions about ETH’s future.

In a new strategy session, the financial training of the YouTube channel InvestAnswers will be moderated for the first time divide with 410,000 followers on Coinstack’s Ryan Allis’ Ethereum charting channel.

The chart shows a significant increase in the valuation for ETH over the next decade, especially from 2025 onwards.

“These are pretty stunning targets even in the short term like December 2022 at $12,581… and by 2025 it could be worth $100,000.”

Source: Coinstack and InvestAnswers

Allis said his ETH prediction model is based on his belief that “all assets have an intrinsic price derived from their utility and cash flow” and that he expects ETH outflow to increase in the coming years and into the next year will.

Next, Allis discussed how future valuation predictions of the Solana (SOL) layer-1 blockchain protocol are intrinsically tied to Ethereum price action.

“I believe if Ethereum is earning these numbers then Solana or any layer-1 should be worth at least 20% of that market cap.

I’ve collected some numbers and taken Ethereum price targets based on these models, taking a deflationary supply of Ethereum, so I’m estimating that by December 30th we’ll have around 110 million ETH left, 9 million down from the current 119 Millions.

Then I calculate the market cap, which will be $1.5 trillion if ETH goes to $12,500, about 1.5 times the Bitcoin market cap. And then I calculate the SOL, that 20% of that market cap over all the different years and divide it by the supply of SOL, which of course is a bit of inflation and growing at 9.6% annually.

That gives us some price targets from Solana.”

Source: InvestAnswers/YouTube

Allis stated that although Solana is currently worth about 10% of Ethereum, SOL’s fair market value will double that of ETH if ETH reaches the above forecasted levels.

“That would give us a price target for December of around $935. Well, that’s a pretty optimistic number.

I don’t think it’s actually happening, but if these numbers match Ethereum then theoretically it’s a potential target for SOL price.”

The InvestAnswers host concluded by saying that despite the growing difficulties, he believes in the Solana ecosystem.

“Even though Solana crashed in September and was down for 17 hours, it was still better than the planned ETH 2.0.”

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