Veteran analyst calls Ethereum 'severely undervalued' originally appeared on TheStreet .
“I think Ethereum is severely undervalued right now,” Armando Pantoja told listeners, pegging the network’s native coin at a fair price of $7,000–$8,000 — roughly 200% above current levels.
He blamed the mispricing on a market that “doesn’t truly understand how tech adoption works,” a “Bybit hack which affected Ethereum,” and months of heavy institutional shorting.
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Many traders, he argued, wrote off Ethereum when newer programmable blockchains such as Solana appeared. Yet, Pantoja said, “technology takes a long time to adopt — Ethereum is positioned better than Solana or Avalanche for wide-scale adoption.” With Ether so “compressed,” he likened the coin to “a spring” packed with potential energy: “Eventually, if anything changes, that energy has to expand out.”
Best risk-reward play in crypto
Pantoja called Ether the best risk-reward play in crypto.
“There’s nowhere it can go lower, so the risk is extraordinarily low, but the potential is high.” Looking at market cycles, he noted that Bitcoin’s surge typically ushers in an “altcoin season” — a capital rotation he expects to funnel profit-takers straight into Ether.
He also noted the historical link between Bitcoin and Ether.
Bitcoin ’s climb from roughly $16,000 to $110,000 this cycle — an eight-fold gain, he noted — contrasts sharply with Ether, which still trades at half its November 2021 peak of $4,700. “If you just put the same 80% gain on Ethereum, we should be at $9,000 today,” he said. A scenario in which Bitcoin reaches $250,000 while Ether merely restores past parity “puts us at $18,000–$19,000. Saying eight to ten thousand is conservative.”
Despite the arrival of flashier Layer 1 rivals, Pantoja insists Ethereum retains the deepest developer community and the most institutional familiarity. “Out of every crypto out there, it has the most potential for rapid gains and at the same time has the lowest risk,” he said, predicting that once short pressure lifts, latent demand will surge and close the valuation gap.
Veteran analyst calls Ethereum 'severely undervalued' first appeared on TheStreet on Jun 2, 2025
This story was originally reported by TheStreet on Jun 2, 2025, where it first appeared.