EMJ Capital Predicts $1.5 Million Future for ETH

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Ethereum's Next Leap? EMJ Capital Predicts $1.5 Million Future for ETH

Written by Aaron S.,

Editor-In-Chief

Last Updated: July 14, 2025

Key Takeaways

Eric Jackson stated that Ethereum remains undervalued, with a long-term target of $1.5 million per coin;
ETF staking approval, expected before October, could make ETH more attractive to investors;
Jackson predicts ETH could hit $10,000, $15,000, or even $1.5 million, depending on how much adoption and business integration expand.

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Ethereum's Next Leap? EMJ Capital Predicts $1.5 Million Future for ETH

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Eric Jackson, founder of EMJ Capital, has shared that Ethereum ETH $3,000.97 may still have a long way to go in terms of value.

In a July 13 thread shared on X, Jackson explained why he thinks Ethereum remains undervalued and could eventually reach $1.5 million per coin.

A major part of Jackson’s view is tied to the next stage of Ethereum exchange-traded funds (ETFs). Although spot ETH ETFs have already launched in the US, they have only seen about $1.41 billion in trading volume.

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Jackson expects that approval for staking inside ETFs will come before October. If that happens, investors will be able to earn rewards from holding ETH in these funds.

He highlighted that companies such as Coinbase $4.32B , Circle, Shopify, and Robinhood are already using Ethereum in various ways. If these firms grow and more businesses adopt crypto rather than traditional currency, it would add even more value to the network, he argued.

Jackson laid out three possible price targets for ETH. The "base case" predicts ETH will reach $10,000 by the end of the current market cycle, which he estimates will likely last until March 2026.

A stronger "bull case" could bring ETH to $15,000, depending on how quickly people adopt Ethereum’s layer 2 solutions and how well the staking approval process goes.

For the long-term $1.5 million figure, Jackson said that would depend on corporate use, more financial products built on Ethereum, and continued growth of crypto-based payments. If all those factors come together, he called it a potential "100-bagger" opportunity.

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