币界网报道：A group of Ethereum technologists and analysts argue in a new institutional report that ETH is "significantly mispriced," with potential long-term valuation reaching $740,000 per token when compared to commodities like oil. The "Bull Case for ETH" report, co-authored by 21 experts including Etherealize co-founder Vivek Raman, suggests evaluating ETH as a "global reserve asset" rather than a tech stock, noting its role as collateral, computational fuel, and financial infrastructure in the onchain economy. The report highlights Ethereum's dominance in blockchain activity (hosting over 80% of tokenized assets) and its deflationary supply mechanism (current inflation at 0.092% since EIP-1559). While predicting short-term targets of $8,000-$80,000, the authors acknowledge challenges in institutional acceptance compared to Bitcoin. Notably, Ethereum ecosystem entities like the Strategic ETH Reserve (backed by Joe Lubin) now hold billions in ETH, though critics like Jon Charbonneau contend ETH remains overvalued. The Ethereum Foundation's recent leadership changes and new think tanks like Etherealize aim to strengthen institutional outreach as regulatory discussions advance.