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ETHZilla CEO: Expects Ethereum price to reach $20,000 and will continue to increase ETH holdings.
ChainCatcher news, McAndrew Rudisill, CEO of ETHZilla, a Nasdaq-listed Ethereum treasury company, expects the price of Ether to reach $20,000 in the coming years, as the price of Ether has been in a consolidation mode for years and is expected to break through with the rise of stablecoins. Regarding the amount of ETH to purchase, McAndrew Rudisill stated that ETHZilla does not have a fixed number but hopes to acquire as much ETH as possible, while using ETH for various different L2 protocols to generate higher returns than normal staking.