‘Most-Hated L1’: Arthur Hayes Thinks Ethereum Could Double in Price This Year

Bitcoin billionaire and former Bitmex CEO Arthur Hayes thoughts Ethereum Could reach $ 5,000 before the end of the year, almost doubled the price and potentially marking a new maximum of all time, despite the recent property property in comparison with coins such as a competitive layer-1 like Bitcoin and Saltworks.

“I think ETH could go to $ 4,000 or $ 5,000 this year,” Hayes said Decipher on Bitcoin 2025 in Las Vegas. “I think it’s the most satisfied layer-1, and you usually want to be in the most prominent property in the cycle turn, so I think ETH could surpass.”

Hayes’ latest prediction is joined by his recent Bull’s appearance on Bitcoin, saying earlier this month that the top crypto assets could reach a million dollar price until 2028.

Although the positivity about the ETH as an investment vehicle was not popular over the last year in the middle of the Solana rise, the momentum is being built for the second largest Crypto property, which has jumped over $ 45% to $ 2,646 in the last month.

The note on the Bernstein investment company indicates Stablecoins who return interest to their basic networks as a reason for the recent ETH effect. Ethereum Maintains 51% of all forged stable supplyaccording to the note.

Bernstein also pointed to the potential growth of the network via a layer-2 network, noticing Robinhooh’s acquisition of Wonderfiwho manages his own eth layer-2 mesh.

“Brokers like Robinhood can potentially offer token-based shares on their own blockchain, built on the Ethereum layer. Lanke-2 chains use ETH for gas fees as a basic currency, thus helping to start distribution and demand for ETH,” Bernstein wrote analysts.

From that time the market option have become more optimistic About the price of Ethereum and earlier this week, Another bull’s appearance He spilled from investment analysts to Chartred standard. Geoffrey Kendrick Digital Property Company shared a price of $ 4,000 for $ 2025 and $ 7,500 by 2029.

Jump to $ 4,000 – number they called Kendrick and the bottom of Hayes’ price prediction range – would be about 50% jump from the current trade price of ETH of $ 2,648.

To get $ 5,000, breaking your 2021. The maximum of $ 4,878, the property should climb to almost 88%. But Ethereum has previously reached sharp gains in short time frames, including this month after a successful presentation of the scheduled Pectra upgrade.

Ethereum’s return comes after not only grunt about the recent ETH price effect, but also advocates for Ethereum Ecosystem and Ethereum Foundation. Earlier this year, the co -founder of Ethereuma Vitalik Buterin accepted what some builders are called the “war” of Person On social media, and the Foundation afterwards made numerous changes in leadership and strategy.

Decipher He spoke in a further depth with Hayes about Bitcoin’s prices for prices and beyond – add for the entire video interview from the Bitcoin 2025.

Additional reporting André Komanski

Edited Andrew Hayward