Tron founder Justin Sun believes Ethereum could hit $5,000 in months. His remarks come as the Ethereum community gears up to commemorate the 10th anniversary of the network in July 2025.
The price prediction has generated hype and discussion in the crypto world – particularly as Ethereum is currently sitting below $2,000.
Justin Sun shared his thoughts on X, formerly Twitter. He cited a personal connection — his birthday falls on July 30, the same day Ethereum was launched in 2015.
Sun took that moment to pair up with the Ethereum Foundation to promote the upcoming global holiday. The Foundation said there will be global meetups at small and large scales. People and organizations can plan their local events.
To help keep costs down, the Ecosystem Support Program will reimburse up to $500 per event. Funding applications are due no later than June 15, 2025.
While Sun congratulated the anniversary, his message looked ahead to the future. He predicted 10X Ethereum, or $5,000 ETH. Although he did not specify any date, his utterance helped cheer the camps of online ETH fans.
Justin Sun lays out bold strategy to raise Ethereum’s value
Sun not only made an aggressive price call but has also offered a definite plan that could move the needle for Ethereum to $5,000 fast.
He first proposed that the Ethereum Foundation halt the ETH sale for at least three years. That, he said, would lower the supply of ETH and give people a reason to keep their tokens around longer.
Sun suggested using lending and staking platforms like AAVE to pay the Foundation’s bills without selling ETH. He thinks it will benefit fund operations while maintaining Ethereum’s supply.
He also suggested changes within the Ethereum Foundation itself. Sun believes the team should be leaner, keeping the best developers and paying them more. He thinks this would result in better work and a more solid Ethereum ecosystem.
Finally, Sun stressed that Ethereum needs to concentrate more on its core network, Layer 1. He said improving its speed, security, and capacity should be the focus rather than spreading the work across too many side projects.
Ethereum prepares for next phase of growth
Ethereum is the second-biggest cryptocurrency in terms of market value. It’s the platform for thousands of decentralized applications and has made smart contracts the norm globally.
Although it has been successful, Ethereum has had its share of critics over the years. High gas fees are a commonly lamented issue, as well as slow transaction times and lack of scalability.
However, a future Pectra upgrade in May 2025 could make the process much better. The proposed upgrade should reduce transaction fees and allow the enforcement of contracts across the network.
Ethereum currently trades at approximately $1,771, according to CoinMarketCap. The market will be curious to see if new-fangled catalysts and a new world will create the growth Sun is claiming.
Sun’s embracement of Ethereum is particularly interesting given that he’s the founder of Tron (TRX)—a blockchain often considered a rival. Yet he holds on to his ETH and often has positive things to say about Ethereum’s progress.
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