Arthur Hayes: ETH May Rise to $5000 by the End of the Year, Setting a New All-Time High

BitMEX co-founder Arthur Hayes believes that Ethereum could rise to $5,000 by the end of the year, nearly doubling in price and potentially setting a new all-time high, despite the asset recently underperforming compared to other competitors like Bitcoin and Solana.

Arthur Hayes stated to Decrypt at the Bitcoin 2025 conference in Las Vegas, "I believe ETH could reach $4,000 to $5,000 this year. I think it is currently the most despised L1 public chain, and usually, when market cycles reverse, you should hold onto the most hated assets, so I believe ETH's performance may outperform others."

Arthur Hayes' latest prediction continues his bullish stance on Bitcoin, as he mentioned earlier this month that Bitcoin's price could rise to $1 million before 2028. $ETH