VanEck laid out three ETH price scenarios for 2030, and the spread is... wild. Bear case hits $360, base case lands at $22,000, and bull case shoots for $154,000. That's a 428x gap between downside and upside.

Here's the thing though—when your research literally spans from 'Ethereum crashes hard' to 'Ethereum becomes digital gold,' you're basically admitting uncertainty rather than making a real case. The numbers are so far apart they almost cancel each other out. It's less "here's what we think" and more "honestly, we're throwing darts at a board." Institutional forecasting can be useful, but this kind of massive variance reads more like a hedge than actual conviction.