Here's the latest on stETH's maximum price potential – it's anchored to ETH, not an independent speculative asset: • stETH trades near ETH parity at $1,569.94, with a $14.35B market cap representing 7.6% of ETH's valuation • Realistic per-token price ranges from $1,860–$2,960 (conservative) to $10,000–$20,000 (optimistic), driven primarily by ETH appreciation • Market cap could reach $17B–$27B (conservative), $41B–$95B (base), or $165B–$315B (optimistic) depending on staking adoption and ETH price • Key upside drivers: ETH price growth, staking penetration rising from 32% toward 40%+, institutional adoption via ETPs, and deeper DeFi collateral integration • Main constraints: price anchoring to ETH, concentration concerns, competition from exchanges,


