- Justin Sun predicts Ethereum could reach $5,000 within months, citing the network’s upcoming 10th anniversary on July 30, 2025.
- Sun proposes halting ETH sales for 3 years to reduce supply and boost value, advocating for DeFi tools to fund operations.
- Ethereum’s 10th anniversary includes global celebrations, with up to $500 in event funding available through the ETH Foundation.
Tron founder Justin Sun has predicted Ethereum (ETH) could soar to $5,000 within just a few months. The bold forecast comes as the Ethereum community prepares for a landmark event, the network’s 10th anniversary, set to be celebrated globally on July 30, 2025.
Sun made his remarks on X (formerly Twitter), where he shared a personal connection to the date: it’s also his birthday. Tying sentiment with strategy, Sun expressed admiration for Ethereum’s journey and used the occasion to advocate for both celebration and change.
The ETH Foundation is marking the network’s 10th anniversary with a global call to celebrate, encouraging individuals and organizations to host local meetups and gatherings of all sizes to honor Ethereum’s impact on the blockchain industry. Through its Ecosystem Support Program, the Foundation will reimburse up to $500 per event, with funding applications due by June 15, 2025, making it easy for the community to join in the festivities.
Ethereum Supply Freeze Proposal Boosts Bullish Sentiment
While the anniversary prompts reflection, Sun is focused on the future, projecting a bold $5,000 ETH target. Currently, Ethereum is trading at $ 1,761 with a 24-hour trading volume of $ 25.93B and a market cap of $ 212.43B. The ETH price decreased -0.47% in the last 24 hours. Though lacking a timeline, the vision has stirred excitement among Ethereum fans.
What makes Sun’s plan stand out is its substance. He proposes halting ETH sales for three years to reduce supply and boost value. To fund operations, he suggests using DeFi tools like Aave for lending and staking instead of selling ETH.
He also advocates streamlining the ETH Foundation by retaining only top developers with strong incentives, aiming for leaner, faster innovation. Most importantly, Sun urges a renewed focus on Layer 1 improvements, prioritizing speed, scalability, and security over side projects.
Ethereum Tackles Gas Fees with Pectra and Sun’s Support
The timing of Sun’s prediction aligns with a significant technical upgrade planned for May 2025, the anticipated Pectra update. Designed to improve scalability, lower transaction fees, and expand contract functionality, Pectra could address some of Ethereum’s most persistent pain points.
For years, critics have pointed to ETH’s high gas fees and slow throughput as barriers to mass adoption. If Pectra delivers on its promises, the network could regain momentum and strengthen its position as the leading smart contract platform.
Perhaps the most intriguing part of Sun’s statement is not the price target, but the source. As the founder of Tron, a blockchain often labeled as a competitor to ETH, Sun’s vocal support highlights Ethereum’s enduring influence in the crypto world.
Despite heading a rival ecosystem, Sun continues to hold ETH and frequently praises Ethereum’s technological achievements. His $5,000 target may be ambitious, but it reflects a broader sentiment that Ethereum is still the backbone of decentralized innovation.
As the crypto community prepares for the 10-year milestone, eyes will be on the price charts and the protocol. Can a blend of celebration, strategic restraint, and technological upgrade usher in a new era for ETH?
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