Ethereum News Today: Arthur Hayes Forecasts Ethereum Could Hit $10,000 by 2025 Citing DeFi Growth and ETF Inflows

Arthur Hayes, co-founder of BitMEX, has intensified his bullish stance on Ethereum, forecasting the cryptocurrency could surge to $10,000 by the end of 2025. This projection, outlined in a recent blog post, positions Ethereum as a potential breakout asset in a crypto market still grappling with volatility and regulatory uncertainty. At press time, ETH traded at approximately $3,644, having recently reclaimed its 2025 high of $3,844 after a pullback from $4,878.26, its peak in November 2021 [1].

Hayes attributes the growing optimism to Ethereum’s foundational role in decentralized finance (DeFi) and real-world asset (RWA) adoption, which he argues remain underappreciated. He highlights institutional interest, particularly from Western investors led by Fundstrat co-founder Tom Lee, as a key catalyst. This sentiment is reinforced by recent inflows into U.S.-listed spot Ethereum exchange-traded funds (ETFs), which recorded a record $726.74 million in new capital on July 10—a sign of expanding institutional confidence [1]. Hayes’ family office, Maelstrom Fund, has also invested heavily in Ether, aligning his personal capital with his public forecasts.

The prediction draws parallels to Solana’s 2023 rally, which Hayes views as a potential blueprint for Ethereum’s next phase. He notes that despite Ethereum’s recent underperformance compared to Solana and Bitcoin, its technological upgrades—such as the transition to a proof-of-stake model—have enhanced energy efficiency and scalability, creating a stronger foundation for growth [1]. Additionally, Hayes expects the U.S. government to increase economic debt to stimulate industrial production, a strategy he argues could benefit cryptocurrencies by driving demand for alternative assets. Historical context includes the 2020 period when Bitcoin surged 15-fold amid a doubling of credit growth, a dynamic he believes could repeat [1].

While the $10,000 target is speculative, Hayes’ analysis underscores Ethereum’s expanding use cases, including tokenized assets and cross-chain interoperability. His forecast also extends to Bitcoin, where he predicts a $250,000 price by year-end, more than double its current level of $118,631 [3]. The market reaction to these projections has been mixed. Optimists point to Ethereum’s 25% weekly gain and increased ETF activity as signs of a sustained bull run, while skeptics caution against macroeconomic risks such as interest rate fluctuations and regulatory shifts. Reaching $10,000 would require not only significant price appreciation but also widespread adoption of Ethereum’s ecosystem, a challenge given the sector’s fragmented nature [1].

Hayes’ track record as a prominent crypto commentator adds weight to his forecasts, though his predictions remain subject to the volatile nature of the market. Investors are advised to balance long-term potential with short-term risks, particularly as macroeconomic and regulatory factors remain unpredictable. The renewed attention on Ethereum reflects broader confidence in the sector’s maturation, yet the path to $10,000 will depend on technological progress, regulatory clarity, and sustained institutional demand [1].

Sources:

[1] [How Far Ethereum, Bitcoin Will Go In 2025 According to Arthur Hayes](https://www.thecoinrepublic.com/2025/07/24/how-far-ethereum-bitcoin-will-go-in-2025-according-to-arthur-hayes/)

[3] [Bitcoin $250,000, Ether $10,000 By Year-End? Arthur Hayes Thinks So](https://investorshub.advfn.com/Ripple-XRPUSD-31949)