Ethereum News Today: Arthur Hayes Sees $20K Ethereum and 126x HYPE as Crypto Adoption Soars

Arthur Hayes, co-founder of BitMEX, has made bold predictions for two major digital assets—Ethereum (ETH) and Hyperliquid’s native token HYPE—highlighting their potential amid a rapidly evolving crypto landscape. In separate statements, Hayes forecasts Ethereum reaching $10,000 or even $20,000 by the end of the current bull market cycle, driven by anticipated monetary policy under the U.S. administration. Simultaneously, he has called for a 126x increase in the price of HYPE over the next three years, citing the token’s strong fundamentals and growing use in decentralized trading. These forecasts reflect a broader trend of institutional interest and expanding adoption in the digital asset space.

Hayes made his Ethereum prediction during an appearance on the Crypto Banter podcast, where he emphasized the role of money printing under potential U.S. policy shifts. He pointed to quantitative easing as a catalyst that could push ETH to unprecedented levels, particularly as the asset breaks past all-time highs and attracts increased capital inflows. This optimism is supported by recent market activity, including record Ethereum ETF inflows and the accumulation of over $10 billion in ETH by treasury companies like BitMine Immersion Technologies and SharpLink Gaming. Hayes has previously adjusted his ETH targets upward, having initially predicted $4,000–$5,000 by the end of 2025 before raising it to $10,000 and now $20,000.

At the same time, Hayes has expressed strong confidence in HYPE, the native token of the decentralized derivatives exchange Hyperliquid. Speaking at the WebX 2025 conference in Tokyo, he forecast a 126x price surge for HYPE within three years, attributing the potential to the platform’s growing fee revenue and strategic buyback mechanisms. Hayes noted that stablecoin expansion could drive Hyperliquid’s annualized fees to $258 billion, up from $1.2 billion currently. This optimism is echoed in recent market performance, as HYPE hit a peak of nearly $50 in July 2025 and continues to show robust on-chain activity. Open interest and total wallet equity for the platform have both surpassed $15 billion, reflecting heightened speculative and institutional participation.

Market analysts and on-chain data further support the bullish case for HYPE. Hyperliquid has captured over 75% of the decentralized perpetual futures market in less than two years, surpassing previous leaders like dYdX. The platform processes up to $30 billion daily in trading volume and has seen a significant increase in transaction fees. According to analytics from DefiLlama, HYPE’s total value locked is currently $685 million, near its February 2025 peak. Technical indicators also suggest a strong near-term outlook, with the token bouncing off key support levels and showing signs of consolidation before a potential breakout above $48.

Despite the strong bullish sentiment, some analysts caution that HYPE may face near-term volatility. One price prediction model forecasts a potential drop to $36.30 by August 30, 2025, representing a 20.88% decline from current levels. This projection is based on technical indicators such as RSI, MACD, and Bollinger Bands, which signal mixed momentum and consolidation. However, broader sentiment remains bullish, with 95% of tracked indicators favoring a positive outlook. The Fear & Greed Index, currently at 53, reflects a neutral market sentiment, indicating neither extreme optimism nor pessimism.

Hayes’ combined forecasts for Ethereum and HYPE reflect a broader narrative of increasing institutional and retail adoption in the crypto space. With Ethereum positioned for a potential multi-year rally and Hyperliquid’s HYPE poised for exponential growth, these predictions highlight the ongoing evolution of digital assets as viable financial instruments. As regulatory frameworks continue to develop—most notably in the U.S. with the passage of the GENIUS Act—and global markets adapt, the crypto landscape remains dynamic, driven by innovation and shifting macroeconomic conditions.

Source:

[1] Why Arthur Hayes Expects Ethereum to Surge to $20,000 (https://finance.yahoo.com/news/why-arthur-hayes-expects-ethereum-210103605.html)

[2] Hyperliquid spikes as Arthur Hayes predicts 126x upside in ... (https://cointelegraph.com/news/hyperliquid-hype-spikes-arthur-hayes-predicts-126x-upside)

[3] Hyperliquid is Predicted to Drop to $ 36.30 By Aug 30, 2025 (https://coincodex.com/article/72008/hyperliquid-prediction-august-25-2025/)

[4] Hyperliquid (HYPE) Price Prediction for August 26 (https://coinedition.com/hyperliquid-hype-price-prediction-for-august-26-2025/)

[5] AB=CD Pattern Signals Bullish Path Toward $54 (https://bravenewcoin.com/insights/hyperliquid-hype-price-prediction-abcd-pattern-signals-bullish-path-toward-54)