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ETHZilla CEO: Expects Ethereum price to reach $20,000 and will continue to increase holdings of ETH.
According to Mars Finance, McAndrew Rudisill, the CEO of the Ethereum treasury company ETHZilla listed on Nasdaq, expects the price of Ether to reach $20,000 in the coming years, as the price of Ether has been in a consolidation phase for many 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.