Peter Brandt sees Ethereum reaching $8,600 after near-term breakout

  • Peter Brandt forecasts a long-term Ethereum rally after a near-term breakout.
  • $8,600 is Brandt’s projected long-term Ethereum price target.
  • Vitalik Buterin prioritizes privacy, cybersecurity and quantum resistance for Ethereum.

Veteran trader Peter Brandt believes Ethereum could rise to $8,600 over the long term following a near-term breakout. The outlook comes as Ethereum co-founder Vitalik Buterin prioritizes privacy, cybersecurity and making the Layer-1 blockchain (its base network) fully quantum-resistant, meaning designed to withstand attacks using quantum computing.

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