Ethereum
Macro‑investor Raoul Pal said Ethereum is "wildly undervalued" and warned that a prolonged network outage could erase between $1 trillion and $1.5 trillion of market value.
Pal noted that such an outage would likely knock out 70% to 76% of stablecoins and a comparable share of DeFi protocols that rely on the Ethereum blockchain.
He added that his investment strategy targets assets that fall two standard deviations below their long‑term trend, holding them for roughly two years, a framework he applies to Bitcoin, Solana and Sui but not yet to Ethereum.
Ethereum was trading at $2,422, down 1.5% over the past 24 hours, reflecting modest price pressure despite Pal's bullish valuation view.
The comments highlight a dual narrative: a perception of deep discount versus a systemic risk that could trigger a massive value contraction if the network experiences a severe outage.
This story was compiled by the Tradexus News Desk with the help of AI.
