Arthur Hayes has revealed his price prediction for Ethereum in 2025: (ETH)! "Currently, the most hated altcoin is Ethereum, but..."

robot
Abstract generation in progress

Bitcoin (BTC) and altcoins drew attention with bold and ambitious statements from former BitMEX CEO Arthur Hayes, who made significant remarks about Ethereum.

Arthur Hayes, speaking at the Bitcoin 2025 Conference, predicted that Ethereum could reach 5,000 dollars this year.

Hayes argued that Ethereum could potentially reach a new all-time high despite its recent poor performance compared to rival cryptocurrencies like Bitcoin and Solana (SOL).

The famous figure stated that ETH is currently the most hated layer-1 blockchain and that historically the most disliked assets tend to provide the best returns when market cycles turn.

According to Hayes, this situation indicates that ETH could double in price and perform better.

"I think ETH could reach $4,000 or $5,000 this year.

I think ETH is currently the most hated layer-1. And generally, you want to be in the most hated asset during a cycle reversal, so I believe ETH could perform better.

Apart from Hayes, Geoffrey Kendrick, Head of Digital Assets at Standard Chartered, also stated that he has a bullish expectation for Ethereum, sharing a price target of $4,000 for 2025 and $7,500 for 2029.

As a result, the jump to 4,000 dollars, seen as the common denominator and lower limit of Kendrick and Hayes' price prediction range, means an approximately 50% jump from ETH's current price of 2,640 dollars.

*It is not investment advice.

Follow our Telegram group, Twitter account, and Youtube channel for exclusive news, analyses, and on-chain data! Also, start live price tracking right away by downloading our Android and IOS applications!

ETH2.31%
A0.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)