What is the true valuation potential of Ethereum? Vivek Raman, an institutional analyst specializing in ecosystem research, recently proposed a bold idea — that this public chain could be revalued from its current scale of hundreds of billions of dollars to the trillion-dollar range.

His core logic is that Ethereum is not just a chain, but a "civilization-level infrastructure." Based on this positioning, its true value should be measured in the tens of trillions of dollars. What's even more interesting is that he believes this process will not be slow, but will unfold quite rapidly.

This argument has sparked a lot of reflection — if the ecosystem scale, application richness, and technological maturity are all trending positively, then a valuation reassessment indeed has a logical basis. Of course, what catalysts are needed to bridge the gap from hundreds of billions to trillions, the market will provide the answer.