$ETH Ethereum’s Bullish Path to $10,000: Justin Sun Unveils Powerful Plan

Sun’s strategy halts ETH sales for three years to drive scarcity. Taxing Layer 2 projects could generate $5 billion for Ethereum. Major restructuring of Ethereum Foundation aims to boost efficiency.

In a bold move to boost Ethereum's value, Justin Sun has laid out a comprehensive plan to push ETH to $10,000. With changes to the Ethereum Foundation and new policies targeting Layer 2, Sun aims to strengthen Ethereum’s market position.

Justin Sun Explains Ethereum’s Growth Strategy

Justin Sun, the founder of the Tron blockchain, has unveiled a bold strategy aimed at driving Ethereum's price to $10,000. His plan includes halting ETH sales, imposing heavy taxes on Layer 2 projects, and focusing on deflationary growth through increased fee burns. Sun also emphasizes streamlining the Ethereum Foundation's operations to prioritize Layer 1 scalability and adoption.

Halt Ethereum Sales

Sun's strategy begins with a three-year halt on Ethereum sales. He proposes that the Ethereum Foundation cover its operational costs through AAVE lending, staking yields, and stablecoin borrowing. According to Sun, this approach would prevent further ETH dilution and support the deflationary goal of increasing Ethereum’s value.