Eric Trump, the son of the US president, supports the forecast that the price of Ethereum will rise to over 8 thousand dollars.
This statement coincides with the increase in the global M2 money supply to a record 95.6 trillion dollars, which may contribute to the growth of cryptocurrencies.
There is also a decrease in Bitcoin's dominance below 60%, indicating a possible altcoin season, where investors are turning their attention to assets like Ethereum.
Eric is actively promoting cryptocurrencies through the family project World Liberty Financial, which was highlighted at the Bitcoin MENA 2024 conference in Abu Dhabi in December 2024.
Analysts predict that the price of Ethereum will rise to 6.5–7 thousand dollars in 2025, thanks to improvements in the network and growing demand, according to data from Changelly as of July 2025.
