EMJ Capital founder Eric Jackson says approved Ether staking ETFs could kick off a rally that could see it rise by more than 100-fold and eventually hit $1.5 million per token.

Eric Jackson, founder of EMJ Capital, predicts a significant price increase for Ethereum (ETH) due to potential approval of Ether staking ETFs in the US and growing adoption by large financial companies. He estimates that ETH could eventually hit $1.5 million per token, with a "10-bagger plus move" expected over the coming years. Jackson also suggests that adoption of layer 2 blockchains and higher use of ETH in decentralized finance could make ETH a "100-bagger."