Ethereum To Reach $5K Before 10-Year Anniversary, Says Justin Sun

Main Takeaways:

• Justin Sun, founder of Tron, expects Ethereum (ETH) will reach $5,000 before its 10th anniversary in July 2025.
• His birthday is on the same day Ethereum was launched, July 30, 2015. He mentioned this to point out the big celebrations that the Ethereum Foundation is planning around the world.
• Ethereum is presently trading below $1,800, and while enthusiasm increases, scalability issues and costly transaction fees remain a concern.

Tron founder Justin Sun expects that Ethereum could reach $5,000 in months. He shared his thoughts amid the Ethereum community, setting the stage to celebrate the 10th anniversary of the ecosystem in July 2025.

The price expectation has sparked excitement and talks in the crypto market, especially as Ethereum is presently trading under $2,000.

Justin Sun expressed his views on X (formerly Twitter). He mentioned a personal relationship; his birthday occurred on July 30, on the same date Ethereum was launched in 2015.

Sun used that opportunity to team up with the Ethereum Foundation to promote the upcoming worldwide celebration. The Foundation mentioned that there will be meetups around the world, both big and small. People and groups can organise their own local events.

Sun Charts’ Aggressive Path to Increase Ethereum’s Worth

Sun not only made a bold prediction about the price but also provided a clear strategy that could help Ethereum reach $5,000 quickly.

He was the first to propose that the Ethereum Foundation stop the ETH sale for a minimum of three years. He explained that this would reduce the amount of ETH available and encourage people to hold onto their tokens for a longer time.

Sun recommended using a lending and staking system like AAVE to cover the foundation’s expenses without selling ETH. He assumed that this would provide advantages to the fund operations while ensuring Ethereum’s supply remains stable.

He also recommended shifts within the Ethereum Foundation itself. Sun thinks the team should be smaller, focusing on keeping the top developers and paying them more. He believes this would lead to better work and a stronger Ethereum ecosystem.

Ethereum Sets the Stage for Future Expansion

Ethereum is the second-largest cryptocurrency by market value. It is the network for thousands of decentralised platforms and has created smart contracts as the worldwide standard.

Despite it being successful, Ethereum has had its share of critics over the years. High gas charges are a generally criticised problem, as well as long transaction delays and a lack of capacity to scale.

A future upgrade called Pectra in May 2025 could improve the process. The upgrade is expected to lower transaction fees and make it easier to enforce contracts across the network.

According to CoinMarketCap, at present, Ethereum is trading at around $1,771. The whole market will be interested to observe if the new factors and a new world will lead to the growth Sun is talking about.

Sun’s support for Ethereum is especially interesting because he is the founder of Tron (TRX), which is observed as a competitor to Ethereum. Still, he keeps his ETH and regularly speaks positively about Ethereum’s progress.

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