According to BlockBeats, on May 10, LD Capital's Trend Research released the latest research report stating that Ethereum is long-term expected to break through 5000 USD. In an optimistic scenario, if Bitcoin breaks 300,000 USD in this cycle, Ethereum is expected to rise to 10,000 USD.
Ethereum still has robust financial data, and its position as the most important infrastructure in crypto finance has not changed. The total TVL of Ethereum DeFi is about 60 billion USD, accounting for over 53% of the global DeFi market, with a stablecoin market value of 124 billion USD, accounting for over 50% of the total global stablecoin market. The total AUM of Ethereum ETFs is 7.2 billion USD, and BlackRock's tokenized money market fund BUIDL has an investment scale of about 2.7 billion USD in the Ethereum ecosystem, which accounts for 92% of its total assets.
Based on the following potential factors, it is predicted that the Ethereum price will reach 5000 USD in this cycle:
The impending end of the US QT and further interest rate cuts;
The new SEC chairman may bring breakthroughs in the promotion of tokenization on the Ethereum chain and staking-related legislation;
Management and route repair of the Ethereum Foundation, maintaining a certain degree of infrastructure innovation;
Maintain a robustly growing on-chain financial ecosystem.
