Justin Sun says Ethereum will hit $5,000 ahead of 10th anniversary celebrations
The post Justin Sun says Ethereum will hit $5,000 ahead of 10th anniversary celebrations appeared on BitcoinEthereumNews.com.
Tron founder Justin Sun believes Ethereum could hit $5,000 in months. His remarks come as the Ethereum community gears up to commemorate the 10th anniversary of the network in July 2025. The price prediction has generated hype and discussion in the crypto world – particularly as Ethereum is currently sitting below $2,000. Justin Sun shared his thoughts on X, formerly Twitter. He cited a personal connection — his birthday falls on July 30, the same day Ethereum was launched in 2015. Sun took that moment to pair up with the Ethereum Foundation to promote the upcoming global holiday. The Foundation said there will be global meetups at small and large scales. People and organizations can plan their local events. To help keep costs down, the Ecosystem Support Program will reimburse up to $500 per event. Funding applications are due no later than June 15, 2025. While Sun congratulated the anniversary, his message looked ahead to the future. He predicted 10X Ethereum, or $5,000 ETH. Although he did not specify any date, his utterance helped cheer the camps of online ETH fans. Justin Sun lays out bold strategy to raise Ethereum’s value Sun not only made an aggressive price call but has also offered a definite plan that could move the needle for Ethereum to $5,000 fast. He first proposed that the Ethereum Foundation halt the ETH sale for at least three years. That, he said, would lower the supply of ETH and give people a reason to keep their tokens around longer. Sun suggested using lending and staking platforms like AAVE to pay the Foundation’s bills without selling ETH. He thinks it will benefit fund operations while maintaining Ethereum’s supply. He also suggested changes within the Ethereum Foundation itself. Sun believes the team should be leaner, keeping the best developers and…
Filed under: News - @ April 25, 2025 2:23 am