Arthur Hayes believes that Ethereum will push to $10,000 or even $20,000 this cycle, fueled by Donald Trump’s pro-crypto policies.
Hayes’ prediction came during an interview with Crypto Banter where he said that Ethereum breaking through its previous ATH could push it to $20,000 before the end of the cycle.
Once it’s broken through, you have a massive gap of air to the upside.
As Hayes explained, two major factors will fuel Ethereum’s next bull cycle: Trump’s pro-crypto legislation and the increase in institutional adoption.
The GENIUS Act seeks to bring clarity, security, and transparency into the cryptosphere by forcing stablecoin issuers to back their tokens with liquid assets like dollars and governmental bonds.
The Act also protects crypto enthusiasts against illicit activities and scams.
This endeavor is part of the implementation process of the GENIUS Act and the comment section will remain open until October 17.
Institutional adoption is another strong case for Ethereum’s next bull cycle, given the accelerated rate at which public companies buy $ETH.
These factors potentially lay the foundation for a $20,000 Ethereum this cycle, which would kickstart the next alt season. If that happens, the best altcoins of 2025 might see massive gains.
Here are three that you should keep on your radar.
Hyper’s Canonical Bridge is the link between Layer 2 and Bitcoin’s Layer 1 and is responsible for minting the users’ Bitcoins into the Hyper layer. The Bitcoins are then accessible for use on Layer 2 or can be withdrawn back to Layer 1 whenever necessary.
The Canonical Bridge’s role is to decongest Bitcoin’s native network, circumvent the 7-TPS native cap, and deliver near-instant finality.
Together with the Solana Virtual Machine (SVM), which enables the ultra-fast execution of smart contracts, the Canonical Bridge brings Bitcoin’s performance to modern standards, with high throughput and Solana-level scalability.
If you want to invest in the $HYPER presale, now’s the perfect time. The presale has raised almost $11.8M so far and it promises to push $HYPER into wealth-building territory.
The Bot finally turns coin hunting profitable thanks to its accuracy and timing, being able to snipe the target tokens in milliseconds after liquidity becomes available. This makes Snorter Bot more effective and reliable even than standard pro UIs like Raydium and Jupiter.
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Aside from tools like Java, Typescript, and Unity SDK, Altura also offers Altura API, which allows you to ‘manage all user, item, token, and collection data, including the developer wallet, and even Smart NFTs’.
The platform also offers you the opportunity to launch your own marketplace on any chain in minutes via Altura’s native dashboard.
$ALU went public in 2021 and went through two peaks so far, with the first one pumping the token by up to 4,839%.
Based on the current legislative support and the growing institutional interest, it’s not impossible that Ethereum could reach $20,000 by the end of the cycle?
Will it? Nobody can tell for sure.
What we can tell for sure is that the next alt season is upon us, at which point we’ll see Ethereum enter a sustained bull phase, once it pushes through its past ATH.
Don’t take this as financial advice. Do your own research (DYOR) and invest wisely.
