
Cathie Wood-led Ark Investment Management says that the market capitalization of Ethereum (CRYPTO: ETH) could exceed $20 trillion in the next ten years.
What Happened: In a research report titled “Big Ideas 2022,” ARK analyst Frank Downing and research associate Nishita Jain noted that Ethereum emerged as the predominant smart-contracts platform for decentralized finance (DeFi) and non-fungible tokens (NFTs) last year.