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Ethereum

Could Ethereum Hit $5,000–$10,000 This Cycle?

Could Ethereum Hit $5,000–$10,000 This Cycle?

In a new report released by Trend Research under LD Capital, Ethereum (ETH) is projected to exceed $5,000 in the long term, with the potential to reach $10,000 if Bitcoin surpasses $300,000 during the current market cycle.

The report highlights Ethereum’s strong financial and network fundamentals. The Ethereum DeFi ecosystem currently holds approximately $60 billion in total value locked (TVL), representing more than 53% of the global DeFi market. On the stablecoin front, Ethereum hosts $124 billion in stablecoin market value, which accounts for over 50% of the global supply.

Institutional involvement in Ethereum also continues to grow. Ethereum-based exchange-traded fund (ETF) assets under management have reached $7.2 billion. Additionally, BlackRock’s tokenized money market fund, BUIDL, has invested 92% of its $2.7 billion in Ethereum-based assets.

The report attributes the $5,000 price target to several macroeconomic and regulatory trends. These include the anticipated end of quantitative tightening in the United States and the expected start of interest rate cuts. It also points to the potential for regulatory improvements, particularly if the U.S. Securities and Exchange Commission (SEC) sees a leadership change that favors clearer laws around tokenization and staking.

Furthermore, the Ethereum Foundation continues to manage infrastructure upgrades and its development roadmap effectively. Stable growth in the on-chain financial ecosystem further strengthens Ethereum’s position as the most critical infrastructure layer in the crypto finance sector.

Trend Research concludes that these combined elements support a bullish outlook for Ethereum over the course of this cycle.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

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