Arthur Hayes, Ethereum (ETH) $10,000 Outrageous Forecast..."Not a Trend, but Due to Security"

▲ Ethereum (ETH)

An extraordinary forecast has emerged that Ethereum (ETH) could overcome a temporary price correction phase and reach $10,000 with an end-of-year rally. The core reasons for this rise were identified not as short-term market trends or overheated expectations, but rather Ethereum's inherent massive network size and unrivaled security.

According to the U.S. financial media outlet TheStreet on October 1 (local time), Arthur Hayes, co-founder of virtual asset derivatives exchange BitMEX, reiterated his existing bullish view that Ethereum could surge towards $10,000 by the end of the year. Hayes dismissed overheating controversies raised by some in the market, diagnosing that the overwhelming capital scale and technical security established by the Ethereum network are the actual foundations driving the inflow of institutional and global capital.

In recent market trends, Ethereum showed strong recovery resilience, surging approximately 60% during the third quarter, but is currently undergoing a short-term breather phase, hitting resistance levels. Short-term volatility was also observed in the U.S. Ethereum spot ETF market, with mixed capital inflows and outflows. However, Hayes analyzed that while other Layer 1 blockchains face a high risk of being eliminated from the market due to a lack of technical completeness and sustainability, Ethereum has firmly established itself as a key platform to win the long-term survival competition.

Evaluations from Wall Street and major financial institutions also lend weight to Ethereum's mid-to-long-term upside potential. Standard Chartered designated 2026 as "the year of Ethereum" and presented an end-of-year price target, while Tom Lee, co-founder of Fundstrat Global Advisors, also predicted a strong rally, conditional on institutional capital inflows and the expansion of staking-based ETFs.

Experts anticipate that as changes in the macroeconomic environment's liquidity and the acceleration of global asset tokenization trends intensify, the scarcity of Ethereum, the safest and most proven smart contract infrastructure, will become more prominent. It is observed that if regulatory clarity is secured and major institutions begin to incorporate Ethereum into their portfolios, the timing for reaching Hayes' projected $10,000 target could be further accelerated.

[Article Key Summary]

-Arthur Hayes forecasts Ethereum to reach $10,000, based on network size and security, not a trend.

-After a sharp rise in Q3, it is undergoing a short-term correction, but its long-term survival competitiveness, differentiated from most Layer 1s, has been highlighted.

-Optimism from institutions like Standard Chartered and Fundstrat, along with the inflow of tokenized assets, is expected to support the upward trend.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*