Ethereum supporters claim that ETH is "seriously mispriced," with institutional "bull case" driving the price up

ChainCatcher news, according to The Block, a major commentator on Ethereum pointed out in a new report that ETH has a "serious pricing error," attempting to market the asset to institutional investors.

One of the 21 co-authors of the report, Vivek Raman, stated that the long-term price of ETH could sustain at $740,000 per token. The report noted that Ethereum's dominance in stablecoins and real-world assets, along with its capped inflation rate and staking yield, makes it attractive.