{"id":49777,"date":"2021-09-20T14:03:36","date_gmt":"2021-09-20T11:03:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49777"},"modified":"2025-09-02T14:23:57","modified_gmt":"2025-09-02T11:23:57","slug":"jpmorgan-puts-ethereum-fair-value-at-1500","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/jpmorgan-puts-ethereum-fair-value-at-1500\/","title":{"rendered":"JPMorgan puts Ethereum fair value at $1,500"},"content":{"rendered":"<p>Ethereum&#8217;s fair value, based on network-activity indicators, is $1,500. This was stated by JPMorgan strategist Nikolaos Panigirtzoglou in a comment to <a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/ether-price-outlook-eth-solana-cardano-jpmorgan-blockchain-lower-competition-2021-9\">Markets Insider<\/a>.<\/p>\n<p>According to him, the network of the second-largest cryptocurrency by market cap is less attractive than its price implies. Panigirtzoglou noted growing competition from Solana, Cardano, and other blockchains.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe look at hash rate and the number of unique addresses to try to understand Ethereum&#8217;s value. We are struggling to push above $1,500,\u201d said the JPMorgan strategist.<\/p>\n<\/blockquote>\n<p>Skale Labs chief Jack O\u2019Holleran said that Ethereum will remain the leading decentralised finance blockchain.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cMost smart-contract developers are building their ecosystem on Ethereum, despite announced partnerships on other networks,\u201d he explained.<\/p>\n<\/blockquote>\n<p>As reported in June, Panigirtzoglou said that Bitcoin&#8217;s price dropping below $30,000 <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-says-bitcoin-price-level-attractive-to-whales\">could rekindle institutional investors&#8217; interest<\/a> in the first cryptocurrency.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum&#8217;s fair value, based on network activity metrics, is $1,500, according to JPMorgan strategist Nikolaos Panigirtzoglou.<\/p>\n","protected":false},"author":1,"featured_media":49778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,229],"class_list":["post-49777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-jpmorgan"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49777"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49777\/revisions"}],"predecessor-version":[{"id":49779,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49777\/revisions\/49779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49778"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}