Investment research firm Fundstrat bullish on ‘undervalued’ Ethereum, foresees 650% jump to $10,500
Ethereum broke its previous all-time high of $1,420 on Jan. 19 to set a new record. The rally was followed by a correction that has left the digital trading more than 8% lower than it did in the past 24 hours.
Despite the pullback, investment research boutique Fundstrat Global Advisors is bullish on Ethereum, predicting that it will soar more than 650% (from its recent peak price) to reach a valuation of $10,500 per unit, according to a research report published by the company.
“Based on our analysis, we are issuing a price target for Ethereum, which represents 650% upside from the current price $1,400,” says the report. “We further see Ethereum as undervalued relative to Bitcoin based on a price to book multiple basis and believe capital flows from Bitcoin could act as a catalyst for higher ETH prices.”
Why is Fundstrat bullish on Ethereum?
The firm gave a number of reasons to support its price prediction of $10,500 for Ether. Fundstrat believes that the face of cloud computing will be changed by smart contract platforms like Ethereum. Computing is shifting from centralized to decentralized, and the transition to blockchain cloud works in favor of Ethereum.
Ethereum has the most active ecosystem in crypto for decentralized applications (Dapps). The DeFi ecosystem, built on top of Ethereum, has grown over the years and the total value locked in DeFi has soared to $24.99 billion.
The DeFi activity on the Ethereum network generated $600 million in transaction fees during 2020. In the first 18 days of 2021, the protocol generated $180 million in transaction fees, putting it on course to rack in $3.9 billion this year.
The increase in transaction fees last year, due to network congestion as a result of increasing DeFi activities, worried protocol users who felt that the high fees were not in line with Ethereum initial goal of facilitating cheaper transactions.
Most cloud companies have only managed returns of less than 50% year-over-year revenue growth for investors, but Ethereum, still in its early days, has the potential to generate 10 - 30x that rate.
Ethereum, per the report, is undervalued compared to bitcoin. Using a method called the Grider to Book multiple, Ether is found to be twice cheaper than bitcoin. Bitcoin is currently trading at $34,278, more than 7% down in the past 24 hours.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
