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Justin
, the founder of the blockchain, has made a bold prediction that Ethereum’s price will surge to $5,000 in the next few months. This forecast comes as Ethereum prepares to celebrate its 10th anniversary in July 2025. Sun’s prediction has sparked significant interest within the cryptocurrency community, especially considering that Ethereum is currently priced under $2,000.Sun shared his prediction on X (formerly Twitter), highlighting a personal connection to Ethereum’s launch date. His birthday is July 30, the same day Ethereum was launched in 2015. Leveraging this connection, Sun collaborated with the Ethereum Foundation to promote the upcoming birthday celebrations. His $5,000 price target represents nearly a 200% increase from current levels.
The Ethereum Foundation has announced plans for global birthday events to mark the 10-year anniversary. These celebrations will include parties of various sizes, with organizations and individuals encouraged to plan local events. The Foundation’s Ecosystem Support Program will reimburse up to $500 in costs per event, with applications due by June 15, 2025. The Foundation aims to create a “global holiday” environment, fostering community involvement from around the world.
Sun also outlined a four-step plan to help Ethereum reach the $5,000 level. His plan includes the Ethereum Foundation refraining from selling ETH for at least three years to curb supply and promote holding. Instead of token sales, the Foundation could use lending and staking platforms like AAVE to finance operations. Additionally, Sun suggests rationalizing the Foundation’s team by retaining only the best developers and compensating them better to enhance output quality. Finally, he advocates for development efforts to focus on enhancing the core Layer 1 network rather than diluting resources across numerous side projects.
Despite its success in hosting thousands of decentralized applications and popularizing smart contracts globally, Ethereum faces several challenges. Users often complain about exorbitant gas charges, sluggish transaction speeds, and poor scalability. An upcoming upgrade dubbed “Pectra” is scheduled for May 2025, which aims to address some of these issues by reducing transaction fees and enhancing contract enforcement throughout the network.
Sun’s support for Ethereum is notable given that he leads Tron, often viewed as a competing blockchain. Despite this apparent rivalry, Sun maintains ETH holdings and regularly praises Ethereum’s progress. The market’s response to Sun’s optimistic outlook remains to be seen, as Ethereum would need significant momentum to reach the predicted $5,000 level from its current price point.

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